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Exports In 2022, Nicaragua exported $405M in Cigars, cheroots and cigarillos, containing tobacco, making it the 2nd largest exporter of Cigars, cheroots and cigarillos, containing tobacco in the world. At the same year, Cigars, cheroots and cigarillos, containing tobacco was the 5th most exported product in Nicaragua. The main destination of Cigars, cheroots and cigarillos, containing tobacco exports from Nicaragua are: United States ($345M), Germany ($10M), Belgium ($9.14M), Honduras ($5.93M), and Canada ($4.11M).

The fastest growing export markets for Cigars, cheroots and cigarillos, containing tobacco of Nicaragua between 2021 and 2022 were United States ($29.6M), Belgium ($3.51M), and Honduras ($3.32M).

Imports In 2022, Nicaragua imported $11.5M in Cigars, cheroots and cigarillos, containing tobacco, becoming the 34th largest importer of Cigars, cheroots and cigarillos, containing tobacco in the world. At the same year, Cigars, cheroots and cigarillos, containing tobacco was the 146th most imported product in Nicaragua. Nicaragua imports Cigars, cheroots and cigarillos, containing tobacco primarily from: Honduras ($9.66M), United Arab Emirates ($1.65M), United States ($122k), Spain ($49.1k), and Dominican Republic ($21k).

The fastest growing import markets in Cigars, cheroots and cigarillos, containing tobacco for Nicaragua between 2021 and 2022 were Honduras ($7.5M), United Arab Emirates ($1.64M), and Spain ($49.1k).

COMPANIES In 2023, leading companies such as Kontoor Brands (573), Family Tobacco Traders (117), and Sucafina (115) were at the forefront of shipping Cigars, cheroots and cigarillos, containing tobacco from Nicaragua to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$405M
IMPORTS (2022)$11.5M
NET TRADE (2022)$394M

In 2022, Nicaragua exported $405M in Cigars, cheroots and cigarillos, containing tobacco. The main destinations of Nicaragua exports on Cigars, cheroots and cigarillos, containing tobacco were United States ($345M), Germany ($10M), Belgium ($9.14M), Honduras ($5.93M), and Canada ($4.11M).

In 2022, Nicaragua imported $11.5M in Cigars, cheroots and cigarillos, containing tobacco, mainly from Honduras ($9.66M), United Arab Emirates ($1.65M), United States ($122k), Spain ($49.1k), and Dominican Republic ($21k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cigars, cheroots and cigarillos, containing tobacco EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
United States$29.6M (9.39%)
Belgium$3.51M (62.2%)
Honduras$3.32M (127%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cigars, cheroots and cigarillos, containing tobacco BY Nicaragua WERE (2021 - 2022):
Canada-$450k (-9.87%)
Sweden-$93.7k (-40.1%)
Russia-$76k (-91.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Cigars, cheroots and cigarillos, containing tobacco were:
In 2022, Nicaragua's main importing competitors in Cigars, cheroots and cigarillos, containing tobacco were:

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Trade Value of Cigars, cheroots and cigarillos, containing tobacco by Exporters

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