2022
Exports
$778MWorld Rnk 16 / 204
Flag Rnk 3 / 877
2022
PRODUCT COMPLEXITY IN Coffee
-1.44Rnk 940 / 1025
2022
Imports
$508kWorld Rnk 171 / 224
Flag Rnk 624 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $778M in Coffee, making it the 16th largest exporter of Coffee in the world. At the same year, Coffee was the 3rd most exported product in Nicaragua. The main destination of Coffee exports from Nicaragua are: United States ($333M), Belgium ($84.8M), Switzerland ($49.9M), Italy ($39.9M), and Germany ($34.1M).

The fastest growing export markets for Coffee of Nicaragua between 2021 and 2022 were United States ($87.2M), Costa Rica ($17.6M), and Belgium ($15M).

Imports In 2022, Nicaragua imported $508k in Coffee, becoming the 171st largest importer of Coffee in the world. At the same year, Coffee was the 624th most imported product in Nicaragua. Nicaragua imports Coffee primarily from: Jordan ($116k), China ($112k), Costa Rica ($87.7k), Jamaica ($83.7k), and United Arab Emirates ($42.4k).

The fastest growing import markets in Coffee for Nicaragua between 2021 and 2022 were Jordan ($116k), China ($112k), and Jamaica ($83.6k).

COMPANIES In 2023, leading companies such as Sucafina (100) and Rothfos (21) were at the forefront of shipping Coffee 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 Coffee. 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)$778M
IMPORTS (2022)$508k
NET TRADE (2022)$778M

In 2022, Nicaragua exported $778M in Coffee. The main destinations of Nicaragua exports on Coffee were United States ($333M), Belgium ($84.8M), Switzerland ($49.9M), Italy ($39.9M), and Germany ($34.1M).

In 2022, Nicaragua imported $508k in Coffee, mainly from Jordan ($116k), China ($112k), Costa Rica ($87.7k), Jamaica ($83.7k), and United Arab Emirates ($42.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
United States$87.2M (35.4%)
Costa Rica$17.6M (325%)
Belgium$15M (21.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee BY Nicaragua WERE (2021 - 2022):
Germany-$3.5M (-9.3%)
Chinese Taipei-$3.35M (-36.6%)
Russia-$2.45M (-57.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Coffee were:
Brazil $8.86B
Vietnam $3.37B
In 2022, Nicaragua's main importing competitors in Coffee were:

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Trade Value of Coffee by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $66.5M
TOP IMPORT POTENTIALCosta Rica+ $103k

Coffee’s highest export potential is United States. With an export gap of $66.5M.   Coffee’s highest import potential is Costa Rica with an import gap of $103k.

See methodology.

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