2022
Exports
$11MWorld Rnk 48 / 174
Flag Rnk 64 / 877
2022
PRODUCT COMPLEXITY IN Citrus
-0.99Rnk 838 / 1025
2022
Imports
$516kWorld Rnk 156 / 215
Flag Rnk 620 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $11M in Citrus, making it the 48th largest exporter of Citrus in the world. At the same year, Citrus was the 64th most exported product in Nicaragua. The main destination of Citrus exports from Nicaragua are: Costa Rica ($10.7M), El Salvador ($325k), Honduras ($6.84k), Iceland ($1.03k), and Bahamas ($259).

The fastest growing export markets for Citrus of Nicaragua between 2021 and 2022 were Costa Rica ($672k), Iceland ($1.03k), and Bahamas ($259).

Imports In 2022, Nicaragua imported $516k in Citrus, becoming the 156th largest importer of Citrus in the world. At the same year, Citrus was the 620th most imported product in Nicaragua. Nicaragua imports Citrus primarily from: Costa Rica ($199k), Chile ($103k), Spain ($94.8k), Honduras ($69.6k), and Peru ($41.2k).

The fastest growing import markets in Citrus for Nicaragua between 2021 and 2022 were Chile ($80.1k), Honduras ($47.6k), and Costa Rica ($14.8k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Citrus. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11M
IMPORTS (2022)$516k
NET TRADE (2022)$10.5M

In 2022, Nicaragua exported $11M in Citrus. The main destinations of Nicaragua exports on Citrus were Costa Rica ($10.7M), El Salvador ($325k), Honduras ($6.84k), Iceland ($1.03k), and Bahamas ($259).

In 2022, Nicaragua imported $516k in Citrus, mainly from Costa Rica ($199k), Chile ($103k), Spain ($94.8k), Honduras ($69.6k), and Peru ($41.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Citrus EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Costa Rica$672k (6.71%)
Iceland$1.03k (1%)
Bahamas$259 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Citrus BY Nicaragua WERE (2021 - 2022):
El Salvador-$7k (-2.11%)
Honduras-$3.84k (-35.9%)
United States-$135 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Citrus were:
In 2022, Nicaragua's main importing competitors in Citrus were:

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Trade Value of Citrus by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEl Salvador+ $22.3k
TOP IMPORT POTENTIALSpain+ $79.2k

Citrus’s highest export potential is El Salvador. With an export gap of $22.3k.   Citrus’s highest import potential is Spain with an import gap of $79.2k.

See methodology.

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