2023
Exports
$16.3kWorld Rnk 80 / 128
Flag Rnk 502 / 852
falsefalse Luxembourg
2023
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 911 / 1025
2023
Imports
$3.25kWorld Rnk 146 / 179
Flag Rnk 1020 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $16.3k in Cocoa Butter, making it the 80th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 502nd most exported product in Nicaragua. The main destination of Cocoa Butter exports from Nicaragua are: Luxembourg ($16.3k).

The fastest growing export markets for Cocoa Butter of Nicaragua between 2022 and 2023 were Luxembourg ($1.48k).

Imports In 2023, Nicaragua imported $3.25k in Cocoa Butter, becoming the 146th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 1020th most imported product in Nicaragua. Nicaragua imports Cocoa Butter primarily from: Peru ($3.25k).

Latest Trends

Jan 2025

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 Cocoa Butter. 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 (2023)$16.3k
IMPORTS (2023)$3.25k
NET TRADE (2023)$13k

In 2023, Nicaragua exported $16.3k in Cocoa Butter. The main destinations of Nicaragua exports on Cocoa Butter were Luxembourg ($16.3k).

In 2023, Nicaragua imported $3.25k in Cocoa Butter, mainly from Peru ($3.25k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):Luxembourg$1.48k (9.99%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Nicaragua WERE (2022 - 2023):Serbia-$269 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Cocoa Butter were:
In 2023, Nicaragua's main importing competitors in Cocoa Butter were:

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $626
TOP IMPORT POTENTIALPeru+ $2.07k

Cocoa Butter’s highest export potential is United States. With an export gap of $626.   Cocoa Butter’s highest import potential is Peru with an import gap of $2.07k.

See methodology.

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