2022
Exports
$1.2MWorld Rnk 42 / 93
Flag Rnk 150 / 877
falsefalse El Salvador
2022
PRODUCT COMPLEXITY IN Bovine, Sheep, and Goat Fat
-0.5Rnk 698 / 1025
2022
Imports
$151kWorld Rnk 91 / 156
Flag Rnk 788 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $1.2M in Bovine, Sheep, and Goat Fat, making it the 42nd largest exporter of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 150th most exported product in Nicaragua. The main destination of Bovine, Sheep, and Goat Fat exports from Nicaragua are: El Salvador ($1.07M), Guatemala ($77.9k), Honduras ($28.4k), and Costa Rica ($26.9k).

The fastest growing export markets for Bovine, Sheep, and Goat Fat of Nicaragua between 2021 and 2022 were El Salvador ($157k), Honduras ($28.4k), and Costa Rica ($26.8k).

Imports In 2022, Nicaragua imported $151k in Bovine, Sheep, and Goat Fat, becoming the 91st largest importer of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 788th most imported product in Nicaragua. Nicaragua imports Bovine, Sheep, and Goat Fat primarily from: Costa Rica ($151k).

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 Bovine, Sheep, and Goat 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 (2022)$1.2M
IMPORTS (2022)$151k
NET TRADE (2022)$1.05M

In 2022, Nicaragua exported $1.2M in Bovine, Sheep, and Goat Fat. The main destinations of Nicaragua exports on Bovine, Sheep, and Goat Fat were El Salvador ($1.07M), Guatemala ($77.9k), Honduras ($28.4k), and Costa Rica ($26.9k).

In 2022, Nicaragua imported $151k in Bovine, Sheep, and Goat Fat, mainly from Costa Rica ($151k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bovine, Sheep, and Goat Fat EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
El Salvador$157k (17.3%)
Honduras$28.4k (1%)
Costa Rica$26.8k (24.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine, Sheep, and Goat Fat BY Nicaragua WERE (2021 - 2022):Chinese Taipei-$21.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Bovine, Sheep, and Goat Fat were:
In 2022, Nicaragua's main importing competitors in Bovine, Sheep, and Goat Fat were:

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Trade Value of Bovine, Sheep, and Goat Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHonduras+ $17.2k
TOP IMPORT POTENTIALUnited States+ $1.18k

Bovine, Sheep, and Goat Fat’s highest export potential is Honduras. With an export gap of $17.2k.   Bovine, Sheep, and Goat Fat’s highest import potential is United States with an import gap of $1.18k.

See methodology.

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