Nicaragua (NIC)

Annual exports and imports in 2024 (USD).

Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.

Exports

$7.52B

Imports

$11.46B

Total trade

$18.99B

Trade balance

-$3.94B

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Nicaragua - trade dependency by partner, 2024 (USD)

Share of exports, imports, and total trade attributed to each partner.

Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade

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Showing top 10 partners by total dependency.

Rank #1

USA (USA)

Total

33.7%

Exports

48.4%

$3.64B

Imports

24.1%

$2.76B

Total

33.7%

$6.40B

Rank #2

Mexico (MEX)

Total

10.4%

Exports

13.1%

$983.42M

Imports

8.7%

$995.83M

Total

10.4%

$1.98B

Rank #3

China (CHN)

Total

9.1%

Exports

1.1%

$82.09M

Imports

14.4%

$1.65B

Total

9.1%

$1.73B

Rank #4

Honduras (HND)

Total

7.5%

Exports

5.5%

$410.91M

Imports

8.8%

$1.01B

Total

7.5%

$1.42B

Rank #5

Guatemala (GTM)

Total

5.7%

Exports

2.2%

$163.03M

Imports

8.1%

$923.76M

Total

5.7%

$1.09B

Rank #6

El Salvador (SLV)

Total

4.9%

Exports

6.3%

$476.32M

Imports

3.9%

$448.99M

Total

4.9%

$925.31M

Rank #7

Costa Rica (CRI)

Total

4.7%

Exports

3.0%

$224.33M

Imports

5.9%

$673.73M

Total

4.7%

$898.06M

Rank #8

Canada (CAN)

Total

3.3%

Exports

7.2%

$539.25M

Imports

0.7%

$83.07M

Total

3.3%

$622.31M

Rank #9

India (IND)

Total

2.0%

Exports

0.0%

Imports

3.3%

$380.49M

Total

2.0%

$380.49M

Rank #10

Ecuador (ECU)

Total

1.6%

Exports

0.4%

$27.83M

Imports

2.3%

$267.92M

Total

1.6%

$295.74M

Rank	Partner	Export dependency	Import dependency	Total dependency
1	USA (USA)	48.4% $3.64B	24.1% $2.76B	33.7% $6.40B
2	Mexico (MEX)	13.1% $983.42M	8.7% $995.83M	10.4% $1.98B
3	China (CHN)	1.1% $82.09M	14.4% $1.65B	9.1% $1.73B
4	Honduras (HND)	5.5% $410.91M	8.8% $1.01B	7.5% $1.42B
5	Guatemala (GTM)	2.2% $163.03M	8.1% $923.76M	5.7% $1.09B
6	El Salvador (SLV)	6.3% $476.32M	3.9% $448.99M	4.9% $925.31M
7	Costa Rica (CRI)	3.0% $224.33M	5.9% $673.73M	4.7% $898.06M
8	Canada (CAN)	7.2% $539.25M	0.7% $83.07M	3.3% $622.31M
9	India (IND)	0.0% $0	3.3% $380.49M	2.0% $380.49M
10	Ecuador (ECU)	0.4% $27.83M	2.3% $267.92M	1.6% $295.74M

Generated by TradeVedia.comSource: UN Comtrade

In 2024, Nicaragua's total trade amounted to $19.0B, with exports of $7.5B and imports of $11.5B, leading to a trade balance of -$3.9B.
The country ranked 89th in total trade globally.
Nicaragua's primary export partner was the United States, which received 48.4% of its exports, valued at $3.6B.
The top export product was Apparel and clothing accessories; knitted or crocheted (HS2 61), accounting for $1.5B or 19.9% of total exports.
Mineral fuels, mineral oils and products of their distillation (HS2 27) were the top import, with a value of $1.5B, representing 12.8% of all imports.
The United States was also the largest source of imports, providing 24.1% of total imports at a value of $2.8B.

Nicaragua's Trade Performance in 2024

In 2024, Nicaragua engaged in $19.0B of total trade, ranking 89th worldwide. The nation's exports were valued at $7.5B (rank 89) and its imports at $11.5B (rank 91), culminating in a trade deficit of -$3.9B. The United States was Nicaragua's most significant trade partner, accounting for $3.6B in exports and $2.8B in imports. Other key partners included Mexico for exports ($983.4M) and China for imports ($1.6B).

Top Export and Import Products

Nicaragua's export economy was led by Apparel and clothing accessories; knitted or crocheted (HS2 61), which comprised 19.9% of exports with a value of $1.5B. Following this was Natural, cultured pearls; precious, semi-precious stones (HS2 71) at $1.4B. On the import side, Mineral fuels, mineral oils (HS2 27) were the most significant category, valued at $1.5B, followed by Vehicles; other than railway or tramway rolling stock (HS2 87) at $915.6M.

Exports

Nicaragua - exports over time (Exports), 2015-2024 (USD)

Annual reported export values across available years.

Flow: Exports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Top export categories

Largest HS2 categories by export value in the selected year.

#1 • HS 61

Apparel and clothing accessories; knitted or crocheted

$1.50B

19.9% share

#2 • HS 71

Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin

$1.39B

18.5% share

#3 • HS 02

Meat and edible meat offal

$791.08M

10.5% share

#4 • HS 85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

$779.32M

10.4% share

#5 • HS 09

Coffee, tea, mate and spices

$527.51M

7.0% share

#6 • HS 24

Tobacco and manufactured tobacco substitutes; products, whether or not containing nicotine, intended for inhalation without combustion; other nicotine containing products intended for the intake of nicotine into the human body

$473.78M

6.3% share

#7 • HS 17

Sugars and sugar confectionery

$282.57M

3.8% share

#8 • HS 03

Fish and crustaceans, molluscs and other aquatic invertebrates

$245.88M

3.3% share

#9 • HS 62

Apparel and clothing accessories; not knitted or crocheted

$240.77M

3.2% share

#10 • HS 04

Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included

$239.91M

3.2% share

#11 • HS 07

Vegetables and certain roots and tubers; edible

$150.65M

2.0% share

#12 • HS 12

Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit, industrial or medicinal plants; straw and fodder

$133.78M

1.8% share

#13 • HS 15

Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes

$109.90M

1.5% share

#14 • HS 08

Fruit and nuts, edible; peel of citrus fruit or melons

$74.12M

1.0% share

#15 • HS 22

Beverages, spirits and vinegar

$73.01M

1.0% share

Rank	Category	Value	Share
1	Apparel and clothing accessories; knitted or crocheted	$1.50B	19.9%
2	Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin	$1.39B	18.5%
3	Meat and edible meat offal	$791.08M	10.5%
4	Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles	$779.32M	10.4%
5	Coffee, tea, mate and spices	$527.51M	7.0%
6	Tobacco and manufactured tobacco substitutes; products, whether or not containing nicotine, intended for inhalation without combustion; other nicotine containing products intended for the intake of nicotine into the human body	$473.78M	6.3%
7	Sugars and sugar confectionery	$282.57M	3.8%
8	Fish and crustaceans, molluscs and other aquatic invertebrates	$245.88M	3.3%
9	Apparel and clothing accessories; not knitted or crocheted	$240.77M	3.2%
10	Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included	$239.91M	3.2%
11	Vegetables and certain roots and tubers; edible	$150.65M	2.0%
12	Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit, industrial or medicinal plants; straw and fodder	$133.78M	1.8%
13	Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes	$109.90M	1.5%
14	Fruit and nuts, edible; peel of citrus fruit or melons	$74.12M	1.0%
15	Beverages, spirits and vinegar	$73.01M	1.0%

Labels hide HS codes by default — hover a category to reveal the code.

Nicaragua - export composition by product categories (Exports), 2024 (USD)

Largest product categories by export value in the selected year.

Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Nicaragua - export composition by 4-digit product groups (Exports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.

Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Imports

Nicaragua - imports over time (Imports), 2015-2024 (USD)

Annual reported import values across available years.

Flow: Imports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Top import categories

Largest HS2 categories by import value in the selected year.

#1 • HS 27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

$1.47B

12.8% share

#2 • HS 87

Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

$915.59M

8.0% share

#3 • HS 85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

$812.88M

7.1% share

#4 • HS 61

Apparel and clothing accessories; knitted or crocheted

$743.62M

6.5% share

#5 • HS 84

Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof

$665.74M

5.8% share

#6 • HS 30

Pharmaceutical products

$550.87M

4.8% share

#7 • HS 39

Plastics and articles thereof

$518.04M

4.5% share

#8 • HS 60

Fabrics; knitted or crocheted

$441.43M

3.9% share

#9 • HS 72

Iron and steel

$335.76M

2.9% share

#10 • HS 10

Cereals

$328.25M

2.9% share

#11 • HS 21

Miscellaneous edible preparations

$257.34M

2.2% share

#12 • HS 38

Chemical products n.e.c.

$246.34M

2.1% share

#13 • HS 48

Paper and paperboard; articles of paper pulp, of paper or paperboard

$234.67M

2.0% share

#14 • HS 73

Iron or steel articles

$216.25M

1.9% share

#15 • HS 19

Preparations of cereals, flour, starch or milk; pastrycooks' products

$198.62M

1.7% share

Rank	Category	Value	Share
1	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	$1.47B	12.8%
2	Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof	$915.59M	8.0%
3	Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles	$812.88M	7.1%
4	Apparel and clothing accessories; knitted or crocheted	$743.62M	6.5%
5	Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof	$665.74M	5.8%
6	Pharmaceutical products	$550.87M	4.8%
7	Plastics and articles thereof	$518.04M	4.5%
8	Fabrics; knitted or crocheted	$441.43M	3.9%
9	Iron and steel	$335.76M	2.9%
10	Cereals	$328.25M	2.9%
11	Miscellaneous edible preparations	$257.34M	2.2%
12	Chemical products n.e.c.	$246.34M	2.1%
13	Paper and paperboard; articles of paper pulp, of paper or paperboard	$234.67M	2.0%
14	Iron or steel articles	$216.25M	1.9%
15	Preparations of cereals, flour, starch or milk; pastrycooks' products	$198.62M	1.7%

Labels hide HS codes by default — hover a category to reveal the code.

Nicaragua - import composition by product categories (Imports), 2024 (USD)

Largest product categories by import value in the selected year.

Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Nicaragua - import composition by 4-digit product groups (Imports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.

Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade