Exports In 2023, Nicaragua exported $42.5M in Refined Petroleum, making it the 125th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 22nd most exported product in Nicaragua. The main destination of Refined Petroleum exports from Nicaragua are: Panama ($31M), Ireland ($3.44M), Guatemala ($2.72M), Costa Rica ($2.18M), and El Salvador ($1.95M).
The fastest growing export markets for Refined Petroleum of Nicaragua between 2022 and 2023 were Panama ($4.01M), Ireland ($3.44M), and Guatemala ($804k).
Imports In 2023, Nicaragua imported $789M in Refined Petroleum, becoming the 118th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Nicaragua. Nicaragua imports Refined Petroleum primarily from: United States ($566M), Ecuador ($139M), South Korea ($22.1M), El Salvador ($16.5M), and Mexico ($13.5M).
The fastest growing import markets in Refined Petroleum for Nicaragua between 2022 and 2023 were Ecuador ($44.8M), South Korea ($21.4M), and Chinese Taipei ($5.51M).
COMPANIES In 2024, leading companies such as Family Tobacco Traders (2) were at the forefront of shipping Refined Petroleum from Nicaragua to the United States.