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2022
Exports $33.5kWorld Rnk 75 / 105
Flag Rnk 450 / 877
2022
Destination $95 Netherlands
2021 - 2022
FASTEST GROWING MARKET $95United States
2022
PRODUCT COMPLEXITY IN Cocoa Paste-0.8Rnk 779 / 1025
2022
Imports $22World Rnk 168 / 169
Flag Rnk 1097 / 1109
2022
Origin $22 China
2021 - 2022
FASTEST GROWING ORIGIN $22China
2022
ECONOMIC COMPLEXITY of Nicaragua-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $33.5k in Cocoa Paste, making it the 75th largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 450th most exported product in Nicaragua. The main destination of Cocoa Paste exports from Nicaragua are: Netherlands ($31.3k), Germany ($2.1k), United States ($95), Chinese Taipei ($22), and Costa Rica ($10).

The fastest growing export markets for Cocoa Paste of Nicaragua between 2021 and 2022 were United States ($95) and Chinese Taipei ($22).

Imports In 2022, Nicaragua imported $22 in Cocoa Paste, becoming the 168th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 1097th most imported product in Nicaragua. Nicaragua imports Cocoa Paste primarily from: China ($22).

The fastest growing import markets in Cocoa Paste for Nicaragua between 2021 and 2022 were China ($22).

Latest Trends

Nov 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 Cocoa Paste. 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)$33.5k
IMPORTS (2022)$22
NET TRADE (2022)$33.5k

In 2022, Nicaragua exported $33.5k in Cocoa Paste. The main destinations of Nicaragua exports on Cocoa Paste were Netherlands ($31.3k), Germany ($2.1k), United States ($95), Chinese Taipei ($22), and Costa Rica ($10).

In 2022, Nicaragua imported $22 in Cocoa Paste, mainly from China ($22).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
United States$95 (1%)
Chinese Taipei$22 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Nicaragua WERE (2021 - 2022):
Netherlands-$8.72k (-21.8%)
Germany-$5.26k (-71.5%)
Costa Rica-$293 (-96.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Cocoa Paste were:
Cote d'Ivoire $1.08B
Netherlands $685M
Ghana $450M
In 2022, Nicaragua's main importing competitors in Cocoa Paste were:
United States $489M
Netherlands $443M
Germany $329M

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $17.6k
TOP IMPORT POTENTIALCote d'Ivoire+ $377

Cocoa Paste’s highest export potential is Netherlands. With an export gap of $17.6k.   Cocoa Paste’s highest import potential is Cote d'Ivoire with an import gap of $377.

See methodology.

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