The value of exports of commodity group 24 "Tobacco and manufactured tobacco substitutes" from Nicaragua totalled $ 462 million in 2023. Sales of commodity group 24 from Nicaragua went up by 8.13% compared to 2022: exports of commodity group 24 "Tobacco and manufactured tobacco substitutes" went up by $ 34 million (cumulative exports of commodity group 24 from Nicaragua amounted $428 million in 2022)
Exports of commodity group 24 "Tobacco and manufactured tobacco substitutes" amounted to 6.27% of total exports from Nicaragua (cumulative merchandise exports from Nicaragua totalled $ 7.37 billion in 2023). The share of commodity group 24 in total exports from Nicaragua increased by 0.457 p.p. compared to 2022 (it was 5.81% in 2022 and cumulative exports from Nicaragua were equal to $ 7.35 billion).
Top export destinations of "Tobacco and manufactured tobacco substitutes" from Nicaragua in 2023:
The value of imports of commodity group 24 "Tobacco and manufactured tobacco substitutes" to Nicaragua totalled $ 133 million in 2023. Sales of commodity group 24 to Nicaragua decreased by 4% in value terms compared to 2022. imports of commodity group 24 "Tobacco and manufactured tobacco substitutes" decreased by $ 5.56 million (the value of imports of commodity group 24 to Nicaragua was equal to $139 million in 2022)
Imports of commodity group 24 "Tobacco and manufactured tobacco substitutes" accounted for 1.22% of total import flow to Nicaragua (in 2023, total imports to Nicaragua amounted to $ 10.9 billion). The share of commodity group 24 in total imports to Nicaragua decreased by 0.013 p.p. compared to 2022 (it was 1.23% in 2022 and cumulative imports to Nicaragua were equal to $ 11.2 billion).
Top trading partners (import of "Tobacco and manufactured tobacco substitutes") of Nicaragua in 2023: