Nicaragua | Imports and Exports | World | Palm oil | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" from Nicaragua totalled $ 61 million in 2023. Sales of commodity group 1511 from Nicaragua decreased by 38% in value terms compared to 2022. exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 38 million (cumulative exports of commodity group 1511 from Nicaragua amounted $100 million in 2022)
Exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" amounted to 0.837% of total exports from Nicaragua (cumulative merchandise exports from Nicaragua totalled $ 7.37 billion in 2023). The share of commodity group 1511 in total exports from Nicaragua decreased by 0.53 p.p. compared to 2022 (it was 1.36% in 2022 and cumulative exports from Nicaragua were equal to $ 7.35 billion).
Exports of commodity group 1511 amounted to 59% of total sales of group "" from Nicaragua in 2023 (the value of exports of commodity group from Nicaragua amounted to $104 million in 2023). The share of exports of commodity group 1511 in sales of commodity group from Nicaragua lowered by 6.93 p.p. compared to 2022 (it was 66% in 2022, and exports of commodity group from Nicaragua were $152 million).
Where does Nicaragua export Palm oil and its fractions, whether or not refined, but not chemically modified?
Top export destinations of "Palm oil and its fractions, whether or not refined, but not chemically modified" from Nicaragua in 2023:
- Mexico with a share of 82% (50 million US$)
- Honduras with a share of 9.04% (5.58 million US$)
- Netherlands with a share of 4.31% (2.66 million US$)
- Spain with a share of 2.92% (1.8 million US$)
- El Salvador with a share of 1.17% (725 thousand US$)
- Costa Rica - 77 US$
- USA - 48 US$
Exports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - from Nicaragua in 2023 represented by the following main commodity groups:
- 90% (56 million US$): 151110 - Palm oil, crude
- 9.05% (5.59 million US$): 151190 - Palm oil, other than crude, & fractions thereof , whether or not ref. but not chemically modified
The value of imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" to Nicaragua totalled $ 60 million in 2023. Sales of commodity group 1511 to Nicaragua decreased by 32% in value terms compared to 2022. imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 28 million (the value of imports of commodity group 1511 to Nicaragua was equal to $88 million in 2022)
Imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" accounted for 0.552% of total import flow to Nicaragua (in 2023, total imports to Nicaragua amounted to $ 10.9 billion). The share of commodity group 1511 in total imports to Nicaragua decreased by 0.236 p.p. compared to 2022 (it was 0.789% in 2022 and cumulative imports to Nicaragua were equal to $ 11.2 billion).
Imports of commodity group 1511 reached 51% of total imports of group "" to Nicaragua in 2023 (imports of commodity group to Nicaragua totalled $117 million in 2023). The share of purchases of commodity group 1511 in imports of commodity group to Nicaragua went down by 5.31 p.p. compared to 2022 (it was 56% in 2022, and imports of commodity group to Nicaragua accounted for $156 million).
Where does Nicaragua import Palm oil and its fractions, whether or not refined, but not chemically modified from?
Top trading partners (import of "Palm oil and its fractions, whether or not refined, but not chemically modified") of Nicaragua in 2023:
- Guatemala with a share of 44% (26 million US$)
- Costa Rica with a share of 27% (16.7 million US$)
- Honduras with a share of 27% (16.4 million US$)
- El Salvador - 344 thousand US$
- Mexico - 73 thousand US$
- United Kingdom - 94 US$
- Austria - 1.12 US$
Imports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - to Nicaragua in 2023 represented by the following main commodity groups:
- 99% (59 million US$): 151190 - Palm oil, other than crude, & fractions thereof , whether or not ref. but not chemically modified
- 0.801% (483 thousand US$): 151110 - Palm oil, crude
