2022
Exports
$1.06MWorld Rnk 75 / 146
Flag Rnk 162 / 877
2022
PRODUCT COMPLEXITY IN Processed Tobacco
-0.82Rnk 782 / 1025
2022
Imports
$4.19MWorld Rnk 115 / 212
Flag Rnk 283 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $1.06M in Processed Tobacco, making it the 75th largest exporter of Processed Tobacco in the world. At the same year, Processed Tobacco was the 162nd most exported product in Nicaragua. The main destination of Processed Tobacco exports from Nicaragua are: Dominican Republic ($623k), United States ($170k), Honduras ($129k), Belgium ($89.5k), and Spain ($37.6k).

The fastest growing export markets for Processed Tobacco of Nicaragua between 2021 and 2022 were Honduras ($121k), Spain ($37.6k), and Germany ($3.36k).

Imports In 2022, Nicaragua imported $4.19M in Processed Tobacco, becoming the 115th largest importer of Processed Tobacco in the world. At the same year, Processed Tobacco was the 283rd most imported product in Nicaragua. Nicaragua imports Processed Tobacco primarily from: United States ($1.95M), Germany ($1.51M), Brazil ($477k), Sri Lanka ($167k), and Honduras ($45.6k).

The fastest growing import markets in Processed Tobacco for Nicaragua between 2021 and 2022 were United States ($492k), Germany ($290k), and Brazil ($209k).

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 Processed Tobacco. 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)$1.06M
IMPORTS (2022)$4.19M
NET TRADE (2022)-$3.13M

In 2022, Nicaragua exported $1.06M in Processed Tobacco. The main destinations of Nicaragua exports on Processed Tobacco were Dominican Republic ($623k), United States ($170k), Honduras ($129k), Belgium ($89.5k), and Spain ($37.6k).

In 2022, Nicaragua imported $4.19M in Processed Tobacco, mainly from United States ($1.95M), Germany ($1.51M), Brazil ($477k), Sri Lanka ($167k), and Honduras ($45.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Tobacco EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Honduras$121k (1.48k%)
Spain$37.6k (1%)
Germany$3.36k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Tobacco BY Nicaragua WERE (2021 - 2022):
Dominican Republic-$285k (-31.4%)
United States-$121k (-41.5%)
Belgium-$25.3k (-22.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Processed Tobacco were:
In 2022, Nicaragua's main importing competitors in Processed Tobacco were:
Japan $1.75B

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Trade Value of Processed Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $184k
TOP IMPORT POTENTIALBrazil+ $30k

Processed Tobacco’s highest export potential is United States. With an export gap of $184k.   Processed Tobacco’s highest import potential is Brazil with an import gap of $30k.

See methodology.

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