2023
Exports
$6.45MWorld Rnk 67 / 170
Flag Rnk 73 / 852
2023
PRODUCT COMPLEXITY IN Other Prepared Meat
0.007Rnk 556 / 1025
2023
Imports
$11.9MWorld Rnk 87 / 226
Flag Rnk 151 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $6.45M in Other Prepared Meat, making it the 67th largest exporter of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 73rd most exported product in Nicaragua. The main destination of Other Prepared Meat exports from Nicaragua are: Costa Rica ($5.06M), Mexico ($1.16M), and El Salvador ($224k).

The fastest growing export markets for Other Prepared Meat of Nicaragua between 2022 and 2023 were Costa Rica ($715k) and El Salvador ($67.3k).

Imports In 2023, Nicaragua imported $11.9M in Other Prepared Meat, becoming the 87th largest importer of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 151st most imported product in Nicaragua. Nicaragua imports Other Prepared Meat primarily from: Costa Rica ($6.48M), Guatemala ($2.51M), United States ($2.42M), Mexico ($190k), and Panama ($178k).

The fastest growing import markets in Other Prepared Meat for Nicaragua between 2022 and 2023 were Costa Rica ($587k), Guatemala ($330k), and United States ($276k).

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 Other Prepared Meat. 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)$6.45M
IMPORTS (2023)$11.9M
NET TRADE (2023)-$5.45M

In 2023, Nicaragua exported $6.45M in Other Prepared Meat. The main destinations of Nicaragua exports on Other Prepared Meat were Costa Rica ($5.06M), Mexico ($1.16M), and El Salvador ($224k).

In 2023, Nicaragua imported $11.9M in Other Prepared Meat, mainly from Costa Rica ($6.48M), Guatemala ($2.51M), United States ($2.42M), Mexico ($190k), and Panama ($178k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Prepared Meat EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
Costa Rica$715k (16.4%)
El Salvador$67.3k (43%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Prepared Meat BY Nicaragua WERE (2022 - 2023):
Mexico-$734k (-38.8%)
Ireland-$30.7k (-100%)
Japan-$7.24k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Other Prepared Meat were:
Germany $1.83B
China $1.69B
In 2023, Nicaragua's main importing competitors in Other Prepared Meat were:

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Trade Value of Other Prepared Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $510k
TOP IMPORT POTENTIALUnited States+ $481k

Other Prepared Meat’s highest export potential is Mexico. With an export gap of $510k.   Other Prepared Meat’s highest import potential is United States with an import gap of $481k.

See methodology.

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