2022
Exports
$526kWorld Rnk 91 / 180
Flag Rnk 203 / 877
2022
PRODUCT COMPLEXITY IN Pepper
-1.94Rnk 994 / 1025
2022
Imports
$1.04MWorld Rnk 121 / 221
Flag Rnk 506 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $526k in Pepper, making it the 91st largest exporter of Pepper in the world. At the same year, Pepper was the 203rd most exported product in Nicaragua. The main destination of Pepper exports from Nicaragua are: United States ($512k), Canada ($8.01k), Honduras ($6.1k), and Guatemala ($1).

The fastest growing export markets for Pepper of Nicaragua between 2021 and 2022 were Canada ($8.01k) and Honduras ($6.1k).

Imports In 2022, Nicaragua imported $1.04M in Pepper, becoming the 121st largest importer of Pepper in the world. At the same year, Pepper was the 506th most imported product in Nicaragua. Nicaragua imports Pepper primarily from: El Salvador ($392k), Guatemala ($269k), United States ($152k), Costa Rica ($45.8k), and Honduras ($38.9k).

The fastest growing import markets in Pepper for Nicaragua between 2021 and 2022 were El Salvador ($58.8k), Germany ($19k), and Vietnam ($15.6k).

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 Pepper. 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)$526k
IMPORTS (2022)$1.04M
NET TRADE (2022)-$515k

In 2022, Nicaragua exported $526k in Pepper. The main destinations of Nicaragua exports on Pepper were United States ($512k), Canada ($8.01k), Honduras ($6.1k), and Guatemala ($1).

In 2022, Nicaragua imported $1.04M in Pepper, mainly from El Salvador ($392k), Guatemala ($269k), United States ($152k), Costa Rica ($45.8k), and Honduras ($38.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pepper EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Canada$8.01k (1%)
Honduras$6.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pepper BY Nicaragua WERE (2021 - 2022):
United States-$351k (-40.7%)
Guatemala-$4.65k (-100%)
Slovenia-$42 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Pepper were:
India $1.21B
Vietnam $1.02B
China $727M
In 2022, Nicaragua's main importing competitors in Pepper were:

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Trade Value of Pepper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $422k
TOP IMPORT POTENTIALIndia+ $47.5k

Pepper’s highest export potential is United States. With an export gap of $422k.   Pepper’s highest import potential is India with an import gap of $47.5k.

See methodology.

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