Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Nicaragua | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2010 - 2021

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TOTAL. ALL COMMODITIESNicaraguaWorldExportsValue (US$)1,847,628,973.002,280,871,939.004,550,646,986.004,594,148,472.004,973,501,433.004,667,365,609.004,591,961,798.934,925,581,177.665,013,907,569.635,272,553,121.335,087,337,719.876,494,984,866.92
Value Growth, YoY (%)32.6323.4499.510.958.25-6.15-1.617.261.795.15-3.5127.66
ImportsValue (US$)4,190,756,091.005,047,259,701.006,029,659,805.005,498,843,855.005,746,417,782.005,866,297,865.007,475,805,835.467,703,836,557.767,351,000,180.686,985,484,651.756,544,995,485.309,826,379,471.43
Value Growth, YoY (%)20.4720.4319.46-8.804.502.0827.433.05-4.58-4.97-6.3050.13

The value of merchandise exports from Nicaragua totalled $ 6.49 billion in 2021. Merchandise exports from Nicaragua increased by 27% compared to 2020. Goods exports grew up by $ 1.4 billion in 2021 (the value of merchandise exports from Nicaragua amounted to $5.08 billion in 2020)

Nicaragua's exports 2021 by country

Top export destinations of commodities from Nicaragua in 2021:

  • USA with a share of 56% (3.67 billion US$)
  • Mexico with a share of 11.8% (768 million US$)
  • El Salvador with a share of 5.94% (386 million US$)
  • Honduras with a share of 5.18% (336 million US$)
  • Costa Rica with a share of 2.91% (189 million US$)
  • Guatemala with a share of 2.48% (161 million US$)
  • Other Asia, nes with a share of 1.87% (122 million US$)
  • Belgium with a share of 1.31% (85 million US$)
  • Germany with a share of 1.04% (67 million US$)
  • Panama with a share of 1.01% (65 million US$)

Exports structure from Nicaragua in 2021 represented by the following main commodity groups:

  • 18.8% (1.22 billion US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted
  • 14.6% (949 million US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 11.7% (762 million US$): 02 - Meat and edible meat offal
  • 9.23% (600 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 7.86% (510 million US$): 09 - Coffee, tea, matT and spices
  • 5.83% (378 million US$): 24 - Tobacco and manufactured tobacco substitutes
  • 4.94% (321 million US$): 62 - Articles of apparel and clothing accessories, not knitted or crocheted
  • 4.92% (319 million US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates
  • 3.08% (200 million US$): 04 - Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included
  • 2.77% (180 million US$): 17 - Sugars and sugar confectionery

What did Nicaragua export in 2021?

Nicaragua's Top Exports in 2021:

  • 13.3% ($867 million): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 11% ($714 million): 6109 - T-shirts, singlets and other vests, knitted or crocheted.
  • 9.09% ($590 million): 8544 - Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors
  • 7.84% ($509 million): 0901 - Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion.
  • 5.66% ($368 million): 0202 - Meat of bovine animals, frozen
  • 5.51% ($358 million): 0201 - Meat of bovine animals, fresh or chilled.
  • 5.47% ($355 million): 2402 - Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes
  • 3.56% ($231 million): 0306 - Crustaceans; in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked, cooked or not before or during smoking; in shell, steamed or boiled, whether or not chilled, frozen, dried, salted or in brine
  • 2.57% ($167 million): 0406 - Cheese and curd
  • 2.56% ($166 million): 6106 - Women's or girls' blouses, shirts and shirt-blouses, knitted or crocheted

The value of merchandise imports to Nicaragua totalled $ 9.82 billion in 2021. Merchandise imports to Nicaragua increased by 50% compared to 2020. Goods imports grew up by $ 3.28 billion in 2021 (the value of merchandise imports to Nicaragua was equal to $6.54 billion in 2020)

Nicaragua's imports 2021 by country

Top trading partners (import sources) of Nicaragua in 2021:

  • USA with a share of 24% (2.44 billion US$)
  • China with a share of 12.4% (1.22 billion US$)
  • Mexico with a share of 8.83% (868 million US$)
  • Netherlands with a share of 7.36% (724 million US$)
  • Guatemala with a share of 7.31% (718 million US$)
  • Honduras with a share of 6.95% (683 million US$)
  • Costa Rica with a share of 5.3% (521 million US$)
  • El Salvador with a share of 3.8% (374 million US$)
  • India with a share of 3.68% (362 million US$)
  • Ecuador with a share of 1.59% (156 million US$)

Imports structure to Nicaragua in 2021 represented by the following main commodity groups:

  • 17.7% (1.74 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 8.89% (874 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 5.35% (525 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.33% (524 million US$): 30 - Pharmaceutical products
  • 5.15% (506 million US$): 60 - Knitted or crocheted fabrics
  • 5.13% (504 million US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted
  • 4.18% (410 million US$): 39 - Plastics and articles thereof
  • 3.68% (361 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 2.73% (268 million US$): 72 - Iron and steel
  • 2.67% (263 million US$): 10 - Cereals

What did Nicaragua import in 2021?

Nicaragua's Top Imports in 2021:

  • 12.8% ($1.26 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 4.51% ($443 million): 6006 - Other knitted or crocheted fabrics
  • 4.11% ($404 million): 6109 - T-shirts, singlets and other vests, knitted or crocheted.
  • 3.97% ($391 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 3.91% ($384 million): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 2.31% ($227 million): 8544 - Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors
  • 1.67% ($164 million): 6217 - Other made up clothing accessories; parts of garments or of clothing accessories, other than those of heading 62.12
  • 1.57% ($154 million): 8502 - Electric generating sets and rotary converters
  • 1.56% ($154 million): 1005 - Maize (corn)
  • 1.53% ($150 million): 8536 - Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits (for example, switches, relays, fuses, surge suppressors, plugs, sockets, lamp-holders, junction boxes), for a voltage not exceeding 1,000 volts

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Nicaragua | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2010 - 2021