2022
Exports
$14.6MWorld Rnk 70 / 183
Flag Rnk 55 / 877
2022
PRODUCT COMPLEXITY IN Fish Fillets
-1.24Rnk 888 / 1025
2022
Imports
$5.81MWorld Rnk 89 / 220
Flag Rnk 240 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $14.6M in Fish Fillets, making it the 70th largest exporter of Fish Fillets in the world. At the same year, Fish Fillets was the 55th most exported product in Nicaragua. The main destination of Fish Fillets exports from Nicaragua are: United States ($12.2M), Mexico ($1.31M), Costa Rica ($784k), El Salvador ($93.6k), and Panama ($88.4k).

The fastest growing export markets for Fish Fillets of Nicaragua between 2021 and 2022 were United States ($7.62M), Mexico ($197k), and Costa Rica ($125k).

Imports In 2022, Nicaragua imported $5.81M in Fish Fillets, becoming the 89th largest importer of Fish Fillets in the world. At the same year, Fish Fillets was the 240th most imported product in Nicaragua. Nicaragua imports Fish Fillets primarily from: Vietnam ($2.52M), United Kingdom ($1.03M), United States ($977k), Chile ($729k), and China ($458k).

The fastest growing import markets in Fish Fillets for Nicaragua between 2021 and 2022 were United Kingdom ($820k), Vietnam ($748k), and United States ($349k).

COMPANIES In 2023, leading companies such as Lawrence Wholesale (2) were at the forefront of shipping Fish Fillets from Nicaragua to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Fish Fillets. 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)$14.6M
IMPORTS (2022)$5.81M
NET TRADE (2022)$8.76M

In 2022, Nicaragua exported $14.6M in Fish Fillets. The main destinations of Nicaragua exports on Fish Fillets were United States ($12.2M), Mexico ($1.31M), Costa Rica ($784k), El Salvador ($93.6k), and Panama ($88.4k).

In 2022, Nicaragua imported $5.81M in Fish Fillets, mainly from Vietnam ($2.52M), United Kingdom ($1.03M), United States ($977k), Chile ($729k), and China ($458k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fish Fillets EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
United States$7.62M (168%)
Mexico$197k (17.8%)
Costa Rica$125k (19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish Fillets BY Nicaragua WERE (2021 - 2022):
Poland-$9.02k (-100%)
Germany-$583 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Nicaragua's main exporting competitors in Fish Fillets were:
China $4.09B
Chile $3.91B
Vietnam $3.64B
In 2022, Nicaragua's main importing competitors in Fish Fillets were:

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Trade Value of Fish Fillets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.37M
TOP IMPORT POTENTIALChile+ $436k

Fish Fillets’s highest export potential is United States. With an export gap of $8.37M.   Fish Fillets’s highest import potential is Chile with an import gap of $436k.

See methodology.

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