Recent investments by Brazilian firms have positioned Nicaragua as a proficient manufacturer of leather loafers and high heels, synthetic sandals, and rubber boots. Some of the factors that have drawn attention to the country include its strategic location in the center of the Americas, numerous preferential access agreements to key international markets, generous fiscal regimes, one of the most competitive labor costs and the high levels of productivity.
Additionally, the country meets all the necessary requirements to manufacture all types of shoes with leather uppers (casual or fashion), a great variety of functional boots for industrial protection or outdoor activities, shoes and sandals made from different kinds of synthetic materials, and basic components and accessories to complete the value chain.
Nicaragua reached its highest historical figure in terms of footwear exports in 2012 with the amount of US$37.5 million, considering both the traditional fiscal regime and the special free zone regime. Currently, the main export destinations are the United States, Costa Rica and Panama.
Some of the national brands produced in Nicaragua are Rolter, Tosca and ECCO.