2023
Exports
$548kWorld Rnk 33 / 83
Flag Rnk 198 / 852
2023
PRODUCT COMPLEXITY IN Pig and Poultry Fat
0.62Rnk 319 / 1025
2023
Imports
$41World Rnk 145 / 153
Flag Rnk 1090 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $548k in Pig and Poultry Fat, making it the 33rd largest exporter of Pig and Poultry Fat in the world. At the same year, Pig and Poultry Fat was the 198th most exported product in Nicaragua. The main destination of Pig and Poultry Fat exports from Nicaragua are: Guatemala ($384k), El Salvador ($164k), and Costa Rica ($17).

The fastest growing export markets for Pig and Poultry Fat of Nicaragua between 2022 and 2023 were Guatemala ($113k) and Costa Rica ($17).

Imports In 2023, Nicaragua imported $41 in Pig and Poultry Fat, becoming the 145th largest importer of Pig and Poultry Fat in the world. At the same year, Pig and Poultry Fat was the 1090th most imported product in Nicaragua. Nicaragua imports Pig and Poultry Fat primarily from: Honduras ($31) and United States ($10).

The fastest growing import markets in Pig and Poultry Fat for Nicaragua between N/A and 2023 were Honduras ($31) and United States ($10).

Latest Trends

Dec 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 Pig and Poultry Fat. 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 (2023)$548k
IMPORTS (2023)$41
NET TRADE (2023)$548k

In 2023, Nicaragua exported $548k in Pig and Poultry Fat. The main destinations of Nicaragua exports on Pig and Poultry Fat were Guatemala ($384k), El Salvador ($164k), and Costa Rica ($17).

In 2023, Nicaragua imported $41 in Pig and Poultry Fat, mainly from Honduras ($31) and United States ($10).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pig and Poultry Fat EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
Guatemala$113k (41.4%)
Costa Rica$17 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig and Poultry Fat BY Nicaragua WERE (2022 - 2023):El Salvador-$34.7k (-17.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Pig and Poultry Fat were:
In 2023, Nicaragua's main importing competitors in Pig and Poultry Fat were:

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Trade Value of Pig and Poultry Fat by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.46k
TOP IMPORT POTENTIALUnited States+ $293

Pig and Poultry Fat’s highest export potential is United States. With an export gap of $1.46k.   Pig and Poultry Fat’s highest import potential is United States with an import gap of $293.

See methodology.

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