2022
Exports
$375World Rnk 154 / 166
Flag Rnk 754 / 877
2022
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food
-1.76Rnk 977 / 1025
2022
Imports
$1World Rnk 197 / 197
Flag Rnk 1108 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $375 in Locust beans, seaweed, sugar beet, cane, for food, making it the 154th largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 754th most exported product in Nicaragua. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Nicaragua are: Bosnia and Herzegovina ($252), Switzerland ($76), Costa Rica ($34), Germany ($12), and United States ($1).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Nicaragua between 2021 and 2022 were Switzerland ($76), Costa Rica ($26), and United States ($1).

Imports In 2022, Nicaragua imported $1 in Locust beans, seaweed, sugar beet, cane, for food, becoming the 197th largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 1108th most imported product in Nicaragua. Nicaragua imports Locust beans, seaweed, sugar beet, cane, for food primarily from: China ($1).

Latest Trends

Sep 2024

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 Locust beans, seaweed, sugar beet, cane, for food. 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)$375
IMPORTS (2022)$1
NET TRADE (2022)$374

In 2022, Nicaragua exported $375 in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Nicaragua exports on Locust beans, seaweed, sugar beet, cane, for food were Bosnia and Herzegovina ($252), Switzerland ($76), Costa Rica ($34), Germany ($12), and United States ($1).

In 2022, Nicaragua imported $1 in Locust beans, seaweed, sugar beet, cane, for food, mainly from China ($1).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Switzerland$76 (1%)
Costa Rica$26 (325%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Nicaragua WERE (2021 - 2022):
Germany-$23.4k (-99.9%)
Ireland-$14.8k (-100%)
South Korea-$28 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
In 2022, Nicaragua's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:
Italy $253M
China $202M
Spain $182M

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Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $666
TOP IMPORT POTENTIALChina+ $25k

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is China. With an export gap of $666.   Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is China with an import gap of $25k.

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