HS Icon Coffee in  Flag Nicaragua

2020
Exports | Imports
: $448M | $260k, World Rnk 18 / 190
Flag Rnk 3 / 842 | World Rnk 171 / 219
Flag Rnk 661 / 1092

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $17.3M | $118k, Belgium |  United Arab Emirates


ECONOMIC COMPLEXITY of Nicaragua
: -1.1, Rnk 107 / 127


PRODUCT COMPLEXITY  IN Coffee
: -1.35, Rnk 924 / 1028

Exports In 2020, Nicaragua exported $448M in Coffee, making it the 18th largest exporter of Coffee in the world. At the same year, Coffee was the 3rd most exported product in Nicaragua. The main destination of Coffee exports from Nicaragua are: United States ($210M), Belgium ($50.6M), Germany ($33M), Canada ($19.9M), and Italy ($19.8M).

The fastest growing export markets for Coffee of Nicaragua between 2019 and 2020 were Belgium ($17.3M), Malaysia ($5.53M), and Sweden ($3.48M).

Imports In 2020, Nicaragua imported $260k in Coffee, becoming the 171st largest importer of Coffee in the world. At the same year, Coffee was the 661st most imported product in Nicaragua. Nicaragua imports Coffee primarily from: United Arab Emirates ($118k), Costa Rica ($61.3k), Guatemala ($27.6k), United States ($18.9k), and Colombia ($15.3k).

The fastest growing import markets in Coffee for Nicaragua between 2019 and 2020 were United Arab Emirates ($118k), Colombia ($13.6k), and Guatemala ($11.9k).

Tariffs In 2018, the average tariff for Nicaragua in Coffee was 12.7%. The countries with the highest import tariffs for Coffee were Angola (Most Favoured Nation duty rate treatement, 14.4%), Burundi (Most Favoured Nation duty rate treatement, 14.4%), Benin (Most Favoured Nation duty rate treatement, 14.4%), Burkina Faso (Most Favoured Nation duty rate treatement, 14.4%), and Botswana (Most Favoured Nation duty rate treatement, 14.4%).

Subnational Monthly Trade

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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 Coffee. 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

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EXPORTS (2020): $448M

IMPORTS (2020): $260k

NET TRADE (2020): $448M

In 2020, Nicaragua exported $448M in Coffee. The main destinations of Nicaragua exports on Coffee were United States ($210M), Belgium ($50.6M), Germany ($33M), Canada ($19.9M), and Italy ($19.8M).

In 2020, Nicaragua imported $260k in Coffee, mainly from United Arab Emirates ($118k), Costa Rica ($61.3k), Guatemala ($27.6k), United States ($18.9k), and Colombia ($15.3k).

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IN 2020, Nicaragua HAD A POSITIVE NET TRADE IN Coffee WITH:

IN 2020, Nicaragua HAD A NEGATIVE NET TRADE IN Coffee WITH:

Flow

THE FASTEST GROWING Coffee EXPORT MARKETS FOR Nicaragua WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee BY Nicaragua WERE (2019 - 2020):

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Market Concentration

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In 2019, Nicaragua's main exporting competitors in Coffee were:

In 2019, Nicaragua's main importing competitors in Coffee were:

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Tariffs by Country

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In 2018, the average tariff for Nicaragua in Coffee was 12.7%.

The countries with the highest tariffs for Coffee in Nicaragua were Angola (Most Favoured Nation duty rate treatement, 14.4%), Burundi (Most Favoured Nation duty rate treatement, 14.4%), Benin (Most Favoured Nation duty rate treatement, 14.4%), Burkina Faso (Most Favoured Nation duty rate treatement, 14.4%), and Botswana (Most Favoured Nation duty rate treatement, 14.4%).