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 (%) | 2012 - 2023

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2023
TOTAL. ALL COMMODITIESNicaraguaWorldExportsValue (US$)4,550,646,986.004,594,148,472.004,973,501,433.004,667,365,609.004,591,961,798.934,925,581,177.665,013,907,569.635,272,553,121.335,087,337,719.876,494,984,866.927,359,828,800.957,378,486,427.04
Value Growth, YoY (%)99.510.958.25-6.15-1.617.261.795.15-3.5127.6613.310.25
ImportsValue (US$)6,029,659,805.005,498,843,855.005,746,417,782.005,866,297,865.007,475,805,835.467,703,836,557.767,351,000,180.686,985,484,651.756,544,995,485.309,826,379,471.4311,246,653,944.9210,911,889,588.54
Value Growth, YoY (%)19.46-8.804.502.0827.433.05-4.58-4.97-6.3050.1314.45-2.97

The value of merchandise exports from Nicaragua totalled $ 7.37 billion in 2023. Merchandise exports from Nicaragua increased by 0.253% compared to 2022. Goods exports grew up by $ 18.6 million in 2023 (the value of merchandise exports from Nicaragua amounted to $7.35 billion in 2022)

Nicaragua's exports 2023 by country

Top export destinations of commodities from Nicaragua in 2023:

  • USA with a share of 50% (3.7 billion US$)
  • Mexico with a share of 13.6% (1 billion US$)
  • El Salvador with a share of 6.53% (482 million US$)
  • Canada with a share of 5.78% (426 million US$)
  • Honduras with a share of 4.99% (368 million US$)
  • Costa Rica with a share of 3.25% (240 million US$)
  • Guatemala with a share of 2.21% (163 million US$)
  • Belgium with a share of 1.19% (88 million US$)
  • Panama with a share of 1.05% (78 million US$)
  • United Kingdom - 64 million US$

Exports structure from Nicaragua in 2023 represented by the following main commodity groups:

  • 18.8% (1.38 billion US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted
  • 15.7% (1.15 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 11.5% (849 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 9.74% (719 million US$): 02 - Meat and edible meat offal
  • 8.27% (610 million US$): 09 - Coffee, tea, matT and spices
  • 6.27% (462 million US$): 24 - Tobacco and manufactured tobacco substitutes
  • 4.43% (326 million US$): 62 - Articles of apparel and clothing accessories, not knitted or crocheted
  • 3.77% (278 million US$): 04 - Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included
  • 3.62% (267 million US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates
  • 3.12% (230 million US$): 17 - Sugars and sugar confectionery

What did Nicaragua export in 2023?

Nicaragua's Top Exports in 2023:

  • 15.3% ($1.12 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 12.4% ($916 million): 6109 - T-shirts, singlets and other vests, knitted or crocheted.
  • 11.3% ($839 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
  • 8.25% ($609 million): 0901 - Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion.
  • 5.76% ($425 million): 2402 - Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes
  • 5.48% ($404 million): 0201 - Meat of bovine animals, fresh or chilled.
  • 3.84% ($283 million): 0202 - Meat of bovine animals, frozen
  • 3.19% ($235 million): 6110 - Jerseys, pullovers, cardigans, waist-coats and similar articles, knitted or crocheted
  • 3.13% ($231 million): 0406 - Cheese and curd
  • 2.61% ($193 million): 1701 - Cane or beet sugar and chemically pure sucrose, in solid form

The value of merchandise imports to Nicaragua totalled $ 10.9 billion in 2023. Overall commodity imports to Nicaragua decreased by 2.97% compared to 2022. Merchandise imports decreased by $ 334 million (the value of merchandise imports to Nicaragua was equal to $11.2 billion in 2022)

Nicaragua's imports 2023 by country

Top trading partners (import sources) of Nicaragua in 2023:

  • USA with a share of 24% (2.7 billion US$)
  • China with a share of 12.6% (1.38 billion US$)
  • Mexico with a share of 9.35% (1.02 billion US$)
  • Honduras with a share of 9.18% (1 billion US$)
  • Guatemala with a share of 7.81% (852 million US$)
  • Costa Rica with a share of 6.19% (675 million US$)
  • El Salvador with a share of 3.97% (433 million US$)
  • India with a share of 3.4% (371 million US$)
  • Ecuador with a share of 2.42% (264 million US$)
  • Japan with a share of 1.95% (213 million US$)

Imports structure to Nicaragua in 2023 represented by the following main commodity groups:

  • 14% (1.53 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 7.82% (854 million US$): 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
  • 6.6% (720 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 6.32% (689 million US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted
  • 5.74% (626 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 4.59% (501 million US$): 30 - Pharmaceutical products
  • 4.56% (498 million US$): 39 - Plastics and articles thereof
  • 3.15% (344 million US$): 60 - Knitted or crocheted fabrics
  • 2.99% (327 million US$): 72 - Iron and steel
  • 2.61% (285 million US$): 10 - Cereals

What did Nicaragua import in 2023?

Nicaragua's Top Imports in 2023:

  • 7.65% ($834 million): 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
  • 5.54% ($604 million): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 4.65% ($507 million): 6109 - T-shirts, singlets and other vests, knitted or crocheted.
  • 3.84% ($419 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
  • 2.92% ($318 million): 6006 - Other knitted or crocheted fabrics
  • 2.77% ($303 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
  • 2.62% ($286 million): 8704 - Motor vehicles for the transport of goods
  • 1.75% ($191 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
  • 1.66% ($181 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 1.63% ($178 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 (%) | 2012 - 2023