2022
Exports | Imports
$298k | $589kWorld Rnk 103 / 197
Flag Rnk 242 / 877
World Rnk 160 / 223
Flag Rnk 605 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-1.03Rnk 107 / 124
2022
PRODUCT COMPLEXITY IN Tea
-2.02Rnk 999 / 1025

About

Exports In 2022, Nicaragua exported $298k in Tea, making it the 103rd largest exporter of Tea in the world. At the same year, Tea was the 242nd most exported product in Nicaragua. The main destination of Tea exports from Nicaragua are: Canada ($255k), United States ($30.2k), Germany ($8.42k), Costa Rica ($3.55k), and Sweden ($370).

The fastest growing export markets for Tea of Nicaragua between 2021 and 2022 were Canada ($56.5k), Germany ($8.38k), and Costa Rica ($3.55k).

Imports In 2022, Nicaragua imported $589k in Tea, becoming the 160th largest importer of Tea in the world. At the same year, Tea was the 605th most imported product in Nicaragua. Nicaragua imports Tea primarily from: Costa Rica ($485k), United States ($34.6k), Mexico ($24.8k), Japan ($23.1k), and Canada ($7.05k).

The fastest growing import markets in Tea for Nicaragua between 2021 and 2022 were Canada ($6.23k), United States ($5.28k), and Spain ($1.22k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Tea from Nicaragua to the United States.

Latest Trends

Jan 2024

Subnational Monthly Trade

View
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 Tea. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$298k
IMPORTS (2022)$589k
NET TRADE (2022)-$292k

In 2022, Nicaragua exported $298k in Tea. The main destinations of Nicaragua exports on Tea were Canada ($255k), United States ($30.2k), Germany ($8.42k), Costa Rica ($3.55k), and Sweden ($370).

In 2022, Nicaragua imported $589k in Tea, mainly from Costa Rica ($485k), United States ($34.6k), Mexico ($24.8k), Japan ($23.1k), and Canada ($7.05k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Canada$56.5k (28.4%)
Germany$8.38k (23.3k%)
Costa Rica$3.55k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Nicaragua WERE (2021 - 2022):
United States-$11.6k (-27.8%)
Ireland-$20 (-36.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Nicaragua's main exporting competitors in Tea were:
China $1.77B
Kenya $1.39B
In 2022, Nicaragua's main importing competitors in Tea were:

Explore Visualizations

Trade Value of Tea by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with