2022
Exports
$407MWorld Rnk 15 / 180
Flag Rnk 5 / 877
2022
PRODUCT COMPLEXITY IN Rolled Tobacco
-0.8Rnk 780 / 1025
2022
Imports
$30.7MWorld Rnk 95 / 221
Flag Rnk 65 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $407M in Rolled Tobacco, making it the 15th largest exporter of Rolled Tobacco in the world. At the same year, Rolled Tobacco was the 5th most exported product in Nicaragua. The main destination of Rolled Tobacco exports from Nicaragua are: United States ($345M), Germany ($10.1M), Belgium ($9.14M), Honduras ($5.93M), and Canada ($4.11M).

The fastest growing export markets for Rolled Tobacco of Nicaragua between 2021 and 2022 were United States ($29.6M), Belgium ($3.51M), and Honduras ($3.32M).

Imports In 2022, Nicaragua imported $30.7M in Rolled Tobacco, becoming the 95th largest importer of Rolled Tobacco in the world. At the same year, Rolled Tobacco was the 65th most imported product in Nicaragua. Nicaragua imports Rolled Tobacco primarily from: Honduras ($26.2M), Mexico ($2.42M), United Arab Emirates ($1.65M), Hong Kong ($210k), and United States ($170k).

The fastest growing import markets in Rolled Tobacco for Nicaragua between 2021 and 2022 were Honduras ($19.2M), United Arab Emirates ($1.64M), and Mexico ($334k).

COMPANIES In 2023, leading companies such as Family Tobacco Traders (7) were at the forefront of shipping Rolled Tobacco from Nicaragua to the United States.

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 Rolled 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)$407M
IMPORTS (2022)$30.7M
NET TRADE (2022)$376M

In 2022, Nicaragua exported $407M in Rolled Tobacco. The main destinations of Nicaragua exports on Rolled Tobacco were United States ($345M), Germany ($10.1M), Belgium ($9.14M), Honduras ($5.93M), and Canada ($4.11M).

In 2022, Nicaragua imported $30.7M in Rolled Tobacco, mainly from Honduras ($26.2M), Mexico ($2.42M), United Arab Emirates ($1.65M), Hong Kong ($210k), and United States ($170k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rolled Tobacco EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
United States$29.6M (9.38%)
Belgium$3.51M (62.2%)
Honduras$3.32M (127%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rolled Tobacco BY Nicaragua WERE (2021 - 2022):
Canada-$450k (-9.87%)
Singapore-$107k (-50.1%)
Sweden-$93.7k (-40.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Rolled Tobacco were:
In 2022, Nicaragua's main importing competitors in Rolled Tobacco were:

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Trade Value of Rolled Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8.29M
TOP IMPORT POTENTIALUnited Arab Emirates+ $567k

Rolled Tobacco’s highest export potential is Germany. With an export gap of $8.29M.   Rolled Tobacco’s highest import potential is United Arab Emirates with an import gap of $567k.

See methodology.

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