2023
Exports
$13.8MWorld Rnk 63 / 176
Flag Rnk 52 / 852
2023
PRODUCT COMPLEXITY IN Fish Fillets
-1.21Rnk 880 / 1025
2023
Imports
$2.88MWorld Rnk 100 / 222
Flag Rnk 355 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $13.8M in Fish Fillets, making it the 63rd largest exporter of Fish Fillets in the world. At the same year, Fish Fillets was the 52nd most exported product in Nicaragua. The main destination of Fish Fillets exports from Nicaragua are: United States ($11.7M), Mexico ($1.41M), Costa Rica ($487k), Dominican Republic ($76.8k), and Panama ($69.1k).

The fastest growing export markets for Fish Fillets of Nicaragua between 2022 and 2023 were Mexico ($106k), Dominican Republic ($37.3k), and Ukraine ($5.66k).

Imports In 2023, Nicaragua imported $2.88M in Fish Fillets, becoming the 100th largest importer of Fish Fillets in the world. At the same year, Fish Fillets was the 355th most imported product in Nicaragua. Nicaragua imports Fish Fillets primarily from: Vietnam ($1.47M), Chile ($836k), Panama ($272k), China ($226k), and United States ($63.9k).

The fastest growing import markets in Fish Fillets for Nicaragua between 2022 and 2023 were Chile ($78k) and Panama ($15.5k).

Latest Trends

Dec 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 Fish Fillets. 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)$13.8M
IMPORTS (2023)$2.88M
NET TRADE (2023)$11M

In 2023, Nicaragua exported $13.8M in Fish Fillets. The main destinations of Nicaragua exports on Fish Fillets were United States ($11.7M), Mexico ($1.41M), Costa Rica ($487k), Dominican Republic ($76.8k), and Panama ($69.1k).

In 2023, Nicaragua imported $2.88M in Fish Fillets, mainly from Vietnam ($1.47M), Chile ($836k), Panama ($272k), China ($226k), and United States ($63.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fish Fillets EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
Mexico$106k (8.11%)
Dominican Republic$37.3k (94.6%)
Ukraine$5.66k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish Fillets BY Nicaragua WERE (2022 - 2023):
Costa Rica-$312k (-39.1%)
United States-$233k (-1.95%)
Vietnam-$50.2k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Fish Fillets were:
Chile $4.39B
Norway $4.28B
China $3.57B
In 2023, Nicaragua's main importing competitors in Fish Fillets were:

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Trade Value of Fish Fillets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.37M
TOP IMPORT POTENTIALChile+ $436k

Fish Fillets’s highest export potential is United States. With an export gap of $8.37M.   Fish Fillets’s highest import potential is Chile with an import gap of $436k.

See methodology.

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