2021
Exports
$106World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2021
Imports
$2.45MWorld Rnk 104 / 218
Flag Rnk 373 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Imports In 2022, Nicaragua imported $2.45M in Pure Olive Oil, becoming the 104th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 373rd most imported product in Nicaragua. Nicaragua imports Pure Olive Oil primarily from: Spain ($1.74M), United States ($508k), Tunisia ($133k), Italy ($26.8k), and Greece ($17k).

The fastest growing import markets in Pure Olive Oil for Nicaragua between 2021 and 2022 were Spain ($637k), Tunisia ($83.2k), and Turkey ($10.1k).

Latest Trends

Sep 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 Pure Olive Oil. 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 (2021)$106
IMPORTS (2022)$2.45M
NET TRADE (2022)-$2.45M

In 2022, Nicaragua imported $2.45M in Pure Olive Oil, mainly from Spain ($1.74M), United States ($508k), Tunisia ($133k), Italy ($26.8k), and Greece ($17k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Nicaragua WERE (N/A - 2021):
Honduras-$55 (-100%)
South Korea-$46 (-100%)
Costa Rica-$5 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Nicaragua's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $593
TOP IMPORT POTENTIALTunisia+ $83.2k

Pure Olive Oil’s highest export potential is United States. With an export gap of $593.   Pure Olive Oil’s highest import potential is Tunisia with an import gap of $83.2k.

See methodology.

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