2022
Exports | Imports
$319M | $582kWorld Rnk 14 / 141
Flag Rnk 7 / 877
World Rnk 175 / 219
Flag Rnk 606 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-1.03Rnk 107 / 124
2022
PRODUCT COMPLEXITY IN Frozen Bovine Meat
-1.21Rnk 883 / 1025

About

Exports In 2022, Nicaragua exported $319M in Frozen Bovine Meat, making it the 14th largest exporter of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 7th most exported product in Nicaragua. The main destination of Frozen Bovine Meat exports from Nicaragua are: United States ($235M), El Salvador ($27.1M), Guatemala ($22.7M), Chinese Taipei ($16.2M), and Costa Rica ($12.8M).

The fastest growing export markets for Frozen Bovine Meat of Nicaragua between 2021 and 2022 were Guatemala ($4.18M), El Salvador ($3.75M), and Mexico ($426k).

Imports In 2022, Nicaragua imported $582k in Frozen Bovine Meat, becoming the 175th largest importer of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 606th most imported product in Nicaragua. Nicaragua imports Frozen Bovine Meat primarily from: United States ($580k), Japan ($1.71k), Australia ($501), and New Zealand ($500).

The fastest growing import markets in Frozen Bovine Meat for Nicaragua between 2021 and 2022 were Japan ($1.71k), Australia ($501), and New Zealand ($309).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Frozen Bovine Meat from Nicaragua to the United States.

Latest Trends

Feb 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 Frozen Bovine Meat. 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)$319M
IMPORTS (2022)$582k
NET TRADE (2022)$318M

In 2022, Nicaragua exported $319M in Frozen Bovine Meat. The main destinations of Nicaragua exports on Frozen Bovine Meat were United States ($235M), El Salvador ($27.1M), Guatemala ($22.7M), Chinese Taipei ($16.2M), and Costa Rica ($12.8M).

In 2022, Nicaragua imported $582k in Frozen Bovine Meat, mainly from United States ($580k), Japan ($1.71k), Australia ($501), and New Zealand ($500).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Frozen Bovine Meat EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Guatemala$4.18M (22.6%)
El Salvador$3.75M (16.1%)
Mexico$426k (16%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Bovine Meat BY Nicaragua WERE (2021 - 2022):
United States-$44M (-15.7%)
Chinese Taipei-$10.8M (-40%)
Dominican Republic-$1.63M (-58.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Frozen Bovine Meat were:
In 2022, Nicaragua's main importing competitors in Frozen Bovine Meat were:

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Trade Value of Frozen Bovine Meat by Exporters

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