2022
Exports
$108MWorld Rnk 9 / 149
Flag Rnk 14 / 877
2022
PRODUCT COMPLEXITY IN Ground Nuts
-2.21Rnk 1007 / 1025
2022
Imports
$287kWorld Rnk 133 / 201
Flag Rnk 706 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $108M 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: United Kingdom ($24M), Mexico ($18.2M), Colombia ($14.3M), Netherlands ($13.4M), and El Salvador ($8.49M).

The fastest growing export markets for Ground Nuts of Nicaragua between 2021 and 2022 were Netherlands ($8.7M), Mexico ($4.71M), and Colombia ($3.24M).

Imports In 2022, Nicaragua imported $287k in Ground Nuts, becoming the 133rd largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 706th most imported product in Nicaragua. Nicaragua imports Ground Nuts primarily from: United States ($287k), China ($452), and Chinese Taipei ($16).

The fastest growing import markets in Ground Nuts for Nicaragua between 2021 and 2022 were China ($452) and Chinese Taipei ($16).

Latest Trends

Oct 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 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 (2022)$108M
IMPORTS (2022)$287k
NET TRADE (2022)$108M

In 2022, Nicaragua exported $108M in Ground Nuts. The main destinations of Nicaragua exports on Ground Nuts were United Kingdom ($24M), Mexico ($18.2M), Colombia ($14.3M), Netherlands ($13.4M), and El Salvador ($8.49M).

In 2022, Nicaragua imported $287k in Ground Nuts, mainly from United States ($287k), China ($452), and Chinese Taipei ($16).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Netherlands$8.7M (183%)
Mexico$4.71M (35.1%)
Colombia$3.24M (29.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Nicaragua WERE (2021 - 2022):
Russia-$6.53M (-78.5%)
United Kingdom-$4.59M (-16.1%)
United States-$2.16M (-75.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Ground Nuts were:
In 2022, 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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