2023
Exports
$29.6kWorld Rnk 142 / 196
Flag Rnk 437 / 852
2023
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.6Rnk 734 / 1025
2023
Imports
$35.9MWorld Rnk 75 / 226
Flag Rnk 62 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $29.6k in Confectionery Sugar, making it the 142nd largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 437th most exported product in Nicaragua. The main destination of Confectionery Sugar exports from Nicaragua are: United States ($22.3k), Bahrain ($3.16k), Honduras ($2.64k), Canada ($1.21k), and Costa Rica ($270).

The fastest growing export markets for Confectionery Sugar of Nicaragua between 2022 and 2023 were United States ($17.4k), Bahrain ($3.16k), and Canada ($1.18k).

Imports In 2023, Nicaragua imported $35.9M in Confectionery Sugar, becoming the 75th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 62nd most imported product in Nicaragua. Nicaragua imports Confectionery Sugar primarily from: El Salvador ($12.9M), Guatemala ($7.52M), Mexico ($5.04M), Costa Rica ($3.28M), and Honduras ($2.45M).

The fastest growing import markets in Confectionery Sugar for Nicaragua between 2022 and 2023 were El Salvador ($1.65M), Guatemala ($1.58M), and Mexico ($759k).

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 Confectionery Sugar. 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)$29.6k
IMPORTS (2023)$35.9M
NET TRADE (2023)-$35.9M

In 2023, Nicaragua exported $29.6k in Confectionery Sugar. The main destinations of Nicaragua exports on Confectionery Sugar were United States ($22.3k), Bahrain ($3.16k), Honduras ($2.64k), Canada ($1.21k), and Costa Rica ($270).

In 2023, Nicaragua imported $35.9M in Confectionery Sugar, mainly from El Salvador ($12.9M), Guatemala ($7.52M), Mexico ($5.04M), Costa Rica ($3.28M), and Honduras ($2.45M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
United States$17.4k (359%)
Bahrain$3.16k (1%)
Canada$1.18k (4.92k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Nicaragua WERE (2022 - 2023):
Honduras-$13.1k (-83.3%)
Costa Rica-$1.76k (-86.7%)
Guatemala-$1.37k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Confectionery Sugar were:
Germany $1.97B
China $1.5B
Mexico $1.36B
In 2023, Nicaragua's main importing competitors in Confectionery Sugar were:

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $32.8k
TOP IMPORT POTENTIALMexico+ $1.24M

Confectionery Sugar’s highest export potential is United States. With an export gap of $32.8k.   Confectionery Sugar’s highest import potential is Mexico with an import gap of $1.24M.

See methodology.

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