2020
Exports | Imports
$51 | $331MWorld Rnk 0 / 0
Flag Rnk 0 / 0
World Rnk 66 / 158
Flag Rnk 4 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-1.03Rnk 107 / 124
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.44Rnk 1015 / 1025

About

Imports In 2022, Nicaragua imported $331M in Crude Petroleum, becoming the 66th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 4th most imported product in Nicaragua. Nicaragua imports Crude Petroleum primarily from: United States ($331M).

The fastest growing import markets in Crude Petroleum for Nicaragua between 2021 and 2022 were United States ($94.9M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Crude Petroleum from Nicaragua to the United States.

Latest Trends

Feb 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 Crude Petroleum. 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 (2020)$51
IMPORTS (2022)$331M
NET TRADE (2022)-$331M

In 2022, Nicaragua imported $331M in Crude Petroleum, mainly from United States ($331M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Crude Petroleum were:
In 2022, Nicaragua's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

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