2023
Exports
$130MWorld Rnk 9 / 150
Flag Rnk 14 / 852
2023
PRODUCT COMPLEXITY IN Ground Nuts
-2.38Rnk 1017 / 1025
2023
Imports
$181kWorld Rnk 139 / 207
Flag Rnk 749 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $130M in Ground Nuts, making it the 9th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 14th most exported product in Nicaragua. The main destination of Ground Nuts exports from Nicaragua are: Netherlands ($23.9M), United Kingdom ($23.3M), Mexico ($18M), Colombia ($12.5M), and El Salvador ($9.84M).

The fastest growing export markets for Ground Nuts of Nicaragua between 2022 and 2023 were Netherlands ($8.99M), Russia ($2.53M), and United Kingdom ($2.14M).

Imports In 2023, Nicaragua imported $181k in Ground Nuts, becoming the 139th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 749th most imported product in Nicaragua. Nicaragua imports Ground Nuts primarily from: El Salvador ($120k), United States ($55k), Honduras ($6.41k), China ($151), and Chinese Taipei ($50).

The fastest growing import markets in Ground Nuts for Nicaragua between 2022 and 2023 were El Salvador ($120k), United States ($16.3k), and Honduras ($6.41k).

Latest Trends

Jan 2025

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 Ground Nuts. 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 (2023)$130M
IMPORTS (2023)$181k
NET TRADE (2023)$130M

In 2023, Nicaragua exported $130M in Ground Nuts. The main destinations of Nicaragua exports on Ground Nuts were Netherlands ($23.9M), United Kingdom ($23.3M), Mexico ($18M), Colombia ($12.5M), and El Salvador ($9.84M).

In 2023, Nicaragua imported $181k in Ground Nuts, mainly from El Salvador ($120k), United States ($55k), Honduras ($6.41k), China ($151), and Chinese Taipei ($50).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
Netherlands$8.99M (60.3%)
Russia$2.53M (142%)
United Kingdom$2.14M (10.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Nicaragua WERE (2022 - 2023):
Colombia-$2.99M (-19.4%)
Bulgaria-$1.18M (-25.9%)
United States-$760k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Ground Nuts were:
In 2023, Nicaragua's main importing competitors in Ground Nuts were:

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.51M
TOP IMPORT POTENTIALUnited States+ $6.11k

Ground Nuts’s highest export potential is Germany. With an export gap of $1.51M.   Ground Nuts’s highest import potential is United States with an import gap of $6.11k.

See methodology.

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