2022
Exports
$39MWorld Rnk 69 / 192
Flag Rnk 27 / 877
2022
PRODUCT COMPLEXITY IN Non-fillet Frozen Fish
-1.52Rnk 948 / 1025
2022
Imports
$4.48MWorld Rnk 141 / 219
Flag Rnk 275 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $39M in Non-fillet Frozen Fish, making it the 69th largest exporter of Non-fillet Frozen Fish in the world. At the same year, Non-fillet Frozen Fish was the 27th most exported product in Nicaragua. The main destination of Non-fillet Frozen Fish exports from Nicaragua are: Ecuador ($24.6M), Costa Rica ($5.24M), Peru ($4.93M), United States ($2.66M), and Jamaica ($362k).

The fastest growing export markets for Non-fillet Frozen Fish of Nicaragua between 2021 and 2022 were Ecuador ($7.67M), Peru ($4.93M), and Dominican Republic ($316k).

Imports In 2022, Nicaragua imported $4.48M in Non-fillet Frozen Fish, becoming the 141st largest importer of Non-fillet Frozen Fish in the world. At the same year, Non-fillet Frozen Fish was the 275th most imported product in Nicaragua. Nicaragua imports Non-fillet Frozen Fish primarily from: United Kingdom ($3.41M), Ecuador ($523k), Costa Rica ($406k), United States ($142k), and Vietnam ($419).

The fastest growing import markets in Non-fillet Frozen Fish for Nicaragua between 2021 and 2022 were United Kingdom ($3.37M), Ecuador ($198k), and Vietnam ($419).

COMPANIES In 2023, leading companies such as Lawrence Wholesale (5) were at the forefront of shipping Non-fillet Frozen Fish from Nicaragua to the United States.

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 Non-fillet Frozen Fish. 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)$39M
IMPORTS (2022)$4.48M
NET TRADE (2022)$34.5M

In 2022, Nicaragua exported $39M in Non-fillet Frozen Fish. The main destinations of Nicaragua exports on Non-fillet Frozen Fish were Ecuador ($24.6M), Costa Rica ($5.24M), Peru ($4.93M), United States ($2.66M), and Jamaica ($362k).

In 2022, Nicaragua imported $4.48M in Non-fillet Frozen Fish, mainly from United Kingdom ($3.41M), Ecuador ($523k), Costa Rica ($406k), United States ($142k), and Vietnam ($419).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-fillet Frozen Fish EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Ecuador$7.67M (45.3%)
Peru$4.93M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-fillet Frozen Fish BY Nicaragua WERE (2021 - 2022):
Costa Rica-$2.91M (-35.8%)
Jamaica-$44.8k (-11%)
United States-$5.01k (-0.19%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Non-fillet Frozen Fish were:
In 2022, Nicaragua's main importing competitors in Non-fillet Frozen Fish were:
China $5.12B
Japan $3.12B

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Trade Value of Non-fillet Frozen Fish by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.28M
TOP IMPORT POTENTIALUnited States+ $212k

Non-fillet Frozen Fish’s highest export potential is United States. With an export gap of $3.28M.   Non-fillet Frozen Fish’s highest import potential is United States with an import gap of $212k.

See methodology.

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