2022
Exports
$14.4kWorld Rnk 76 / 123
Flag Rnk 518 / 877
2022
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 920 / 1025
2022
Imports
$5.87kWorld Rnk 140 / 179
Flag Rnk 1021 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $14.4k in Cocoa Butter, making it the 76th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 518th most exported product in Nicaragua. The main destination of Cocoa Butter exports from Nicaragua are: Luxembourg ($14.1k) and Serbia ($269).

The fastest growing export markets for Cocoa Butter of Nicaragua between 2021 and 2022 were Luxembourg ($4.74k) and Serbia ($269).

Imports In 2022, Nicaragua imported $5.87k in Cocoa Butter, becoming the 140th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 1021st most imported product in Nicaragua. Nicaragua imports Cocoa Butter primarily from: Peru ($5.73k) and Belgium ($135).

The fastest growing import markets in Cocoa Butter for Nicaragua between 2021 and 2022 were Peru ($4.97k) and Belgium ($125).

Latest Trends

Nov 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 Cocoa Butter. 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)$14.4k
IMPORTS (2022)$5.87k
NET TRADE (2022)$8.54k

In 2022, Nicaragua exported $14.4k in Cocoa Butter. The main destinations of Nicaragua exports on Cocoa Butter were Luxembourg ($14.1k) and Serbia ($269).

In 2022, Nicaragua imported $5.87k in Cocoa Butter, mainly from Peru ($5.73k) and Belgium ($135).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Luxembourg$4.74k (50.4%)
Serbia$269 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Nicaragua WERE (2021 - 2022):
Switzerland-$176 (-100%)
Costa Rica-$1 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $626
TOP IMPORT POTENTIALPeru+ $2.07k

Cocoa Butter’s highest export potential is United States. With an export gap of $626.   Cocoa Butter’s highest import potential is Peru with an import gap of $2.07k.

See methodology.

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