Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Nicaragua | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2022

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2022
TOTAL. ALL COMMODITIESNicaraguaWorldExportsValue (US$)2,280,871,939.004,550,646,986.004,594,148,472.004,973,501,433.004,667,365,609.004,591,961,798.934,925,581,177.665,013,907,569.635,272,553,121.335,087,337,719.876,494,984,866.927,359,828,800.95
Value Growth, YoY (%)23.4499.510.958.25-6.15-1.617.261.795.15-3.5127.6613.31
ImportsValue (US$)5,047,259,701.006,029,659,805.005,498,843,855.005,746,417,782.005,866,297,865.007,475,805,835.467,703,836,557.767,351,000,180.686,985,484,651.756,544,995,485.309,826,379,471.4311,246,653,944.92
Value Growth, YoY (%)20.4319.46-8.804.502.0827.433.05-4.58-4.97-6.3050.1314.45

The value of merchandise exports from Nicaragua totalled $ 7.35 billion in 2022. Merchandise exports from Nicaragua increased by 13.3% compared to 2021. Goods exports grew up by $ 864 million in 2022 (the value of merchandise exports from Nicaragua amounted to $6.49 billion in 2021)

Nicaragua's exports 2022 by country

Top export destinations of commodities from Nicaragua in 2022:

  • USA with a share of 52% (3.84 billion US$)
  • Mexico with a share of 12.8% (948 million US$)
  • Honduras with a share of 7.34% (540 million US$)
  • El Salvador with a share of 5.93% (436 million US$)
  • Costa Rica with a share of 3.11% (229 million US$)
  • Guatemala with a share of 2.86% (210 million US$)
  • Belgium with a share of 1.46% (107 million US$)
  • Other Asia, nes with a share of 1.4% (103 million US$)
  • Panama - 72 million US$
  • United Kingdom - 62 million US$

Exports structure from Nicaragua in 2022 represented by the following main commodity groups:

  • 20% (1.48 billion US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted
  • 13.2% (976 million US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 9.77% (719 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 9.74% (717 million US$): 09 - Coffee, tea, matT and spices
  • 9.61% (707 million US$): 02 - Meat and edible meat offal
  • 5.81% (428 million US$): 24 - Tobacco and manufactured tobacco substitutes
  • 4.87% (359 million US$): 62 - Articles of apparel and clothing accessories, not knitted or crocheted
  • 4.5% (331 million US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates
  • 2.99% (220 million US$): 04 - Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included
  • 2.8% (206 million US$): 17 - Sugars and sugar confectionery

What did Nicaragua export in 2022?

Nicaragua's Top Exports in 2022:

  • 12.9% ($953 million): 6109 - T-shirts, singlets and other vests, knitted or crocheted.
  • 12.6% ($927 million): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 9.73% ($716 million): 0901 - Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion.
  • 9.65% ($710 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
  • 5.5% ($405 million): 2402 - Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes
  • 4.92% ($362 million): 0201 - Meat of bovine animals, fresh or chilled.
  • 4.31% ($317 million): 0202 - Meat of bovine animals, frozen
  • 3.41% ($251 million): 6110 - Jerseys, pullovers, cardigans, waist-coats and similar articles, knitted or crocheted
  • 2.91% ($214 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
  • 2.55% ($188 million): 6203 - Men's or boys' suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches and shorts (other than swimwear).

The value of merchandise imports to Nicaragua totalled $ 11.2 billion in 2022. Merchandise imports to Nicaragua increased by 14.4% compared to 2021. Goods imports grew up by $ 1.42 billion in 2022 (the value of merchandise imports to Nicaragua was equal to $9.82 billion in 2021)

Nicaragua's imports 2022 by country

Top trading partners (import sources) of Nicaragua in 2022:

  • USA with a share of 26% (3.02 billion US$)
  • China with a share of 12.3% (1.38 billion US$)
  • Honduras with a share of 9.11% (1.02 billion US$)
  • Mexico with a share of 8.92% (1 billion US$)
  • Guatemala with a share of 7.44% (837 million US$)
  • Costa Rica with a share of 5.03% (566 million US$)
  • India with a share of 4.54% (511 million US$)
  • El Salvador with a share of 3.59% (404 million US$)
  • Ecuador with a share of 1.9% (214 million US$)
  • Brazil with a share of 1.63% (184 million US$)

Imports structure to Nicaragua in 2022 represented by the following main commodity groups:

  • 16.3% (1.83 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 7.21% (811 million US$): 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
  • 6.77% (761 million US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted
  • 5.09% (572 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 4.72% (531 million US$): 60 - Knitted or crocheted fabrics
  • 4.48% (503 million US$): 30 - Pharmaceutical products
  • 4.46% (502 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 4.36% (490 million US$): 39 - Plastics and articles thereof
  • 2.96% (333 million US$): 10 - Cereals
  • 2.68% (302 million US$): 62 - Articles of apparel and clothing accessories, not knitted or crocheted

What did Nicaragua import in 2022?

Nicaragua's Top Imports in 2022:

  • 9.42% ($1.06 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
  • 5.73% ($644 million): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 5.06% ($569 million): 6109 - T-shirts, singlets and other vests, knitted or crocheted.
  • 4.22% ($474 million): 6006 - Other knitted or crocheted fabrics
  • 3.82% ($429 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
  • 2.43% ($274 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
  • 2.4% ($270 million): 6217 - Other made up clothing accessories; parts of garments or of clothing accessories, other than those of heading 62.12
  • 1.74% ($196 million): 8704 - Motor vehicles for the transport of goods
  • 1.68% ($189 million): 1005 - Maize (corn)
  • 1.57% ($177 million): 3923 - Articles for the conveyance or packing of goods, of plastics; stoppers, lids, caps and other closures, of plastics

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Nicaragua | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2022