2022
Exports
$15.5MWorld Rnk 46 / 177
Flag Rnk 51 / 877
2022
PRODUCT COMPLEXITY IN Other Sugars
-0.11Rnk 587 / 1025
2022
Imports
$1.54MWorld Rnk 133 / 221
Flag Rnk 442 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $15.5M in Other Sugars, making it the 46th largest exporter of Other Sugars in the world. At the same year, Other Sugars was the 51st most exported product in Nicaragua. The main destination of Other Sugars exports from Nicaragua are: United States ($15.5M), Honduras ($16k), and Costa Rica ($69).

The fastest growing export markets for Other Sugars of Nicaragua between 2021 and 2022 were United States ($873k) and Honduras ($16k).

Imports In 2022, Nicaragua imported $1.54M in Other Sugars, becoming the 133rd largest importer of Other Sugars in the world. At the same year, Other Sugars was the 442nd most imported product in Nicaragua. Nicaragua imports Other Sugars primarily from: United States ($583k), Mexico ($467k), Guatemala ($249k), Turkey ($74k), and Netherlands ($43.2k).

The fastest growing import markets in Other Sugars for Nicaragua between 2021 and 2022 were United States ($285k), Mexico ($107k), and Guatemala ($65.2k).

COMPANIES In 2023, leading companies such as Kontoor Brands (2) were at the forefront of shipping Other Sugars from Nicaragua to the United States.

Latest Trends

Sep 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 Other Sugars. 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)$15.5M
IMPORTS (2022)$1.54M
NET TRADE (2022)$13.9M

In 2022, Nicaragua exported $15.5M in Other Sugars. The main destinations of Nicaragua exports on Other Sugars were United States ($15.5M), Honduras ($16k), and Costa Rica ($69).

In 2022, Nicaragua imported $1.54M in Other Sugars, mainly from United States ($583k), Mexico ($467k), Guatemala ($249k), Turkey ($74k), and Netherlands ($43.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Sugars EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
United States$873k (5.98%)
Honduras$16k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sugars BY Nicaragua WERE (2021 - 2022):
Pakistan-$30.7k (-100%)
Costa Rica-$16.2k (-99.6%)
Guatemala-$8.01k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Other Sugars were:
In 2022, Nicaragua's main importing competitors in Other Sugars were:

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Trade Value of Other Sugars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $743k
TOP IMPORT POTENTIALUnited States+ $218k

Other Sugars’s highest export potential is United States. With an export gap of $743k.   Other Sugars’s highest import potential is United States with an import gap of $218k.

See methodology.

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