2022
Exports
$21.8MWorld Rnk 42 / 142
Flag Rnk 43 / 877
2022
PRODUCT COMPLEXITY IN Raw Tobacco
-1.72Rnk 974 / 1025
2022
Imports
$79.6MWorld Rnk 32 / 179
Flag Rnk 28 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $21.8M in Raw Tobacco, making it the 42nd largest exporter of Raw Tobacco in the world. At the same year, Raw Tobacco was the 43rd most exported product in Nicaragua. The main destination of Raw Tobacco exports from Nicaragua are: Honduras ($10.3M), Dominican Republic ($7.69M), United States ($2.12M), Costa Rica ($532k), and Spain ($495k).

The fastest growing export markets for Raw Tobacco of Nicaragua between 2021 and 2022 were Spain ($495k), Honduras ($484k), and Costa Rica ($317k).

Imports In 2022, Nicaragua imported $79.6M in Raw Tobacco, becoming the 32nd largest importer of Raw Tobacco in the world. At the same year, Raw Tobacco was the 28th most imported product in Nicaragua. Nicaragua imports Raw Tobacco primarily from: Ecuador ($32.4M), Dominican Republic ($11M), United States ($10.5M), Indonesia ($8.95M), and Honduras ($7.73M).

The fastest growing import markets in Raw Tobacco for Nicaragua between 2021 and 2022 were Ecuador ($6.63M), United States ($4.95M), and Indonesia ($3.21M).

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 Raw Tobacco. 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 (2022)$21.8M
IMPORTS (2022)$79.6M
NET TRADE (2022)-$57.9M

In 2022, Nicaragua exported $21.8M in Raw Tobacco. The main destinations of Nicaragua exports on Raw Tobacco were Honduras ($10.3M), Dominican Republic ($7.69M), United States ($2.12M), Costa Rica ($532k), and Spain ($495k).

In 2022, Nicaragua imported $79.6M in Raw Tobacco, mainly from Ecuador ($32.4M), Dominican Republic ($11M), United States ($10.5M), Indonesia ($8.95M), and Honduras ($7.73M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Tobacco EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Spain$495k (1%)
Honduras$484k (4.94%)
Costa Rica$317k (147%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Tobacco BY Nicaragua WERE (2021 - 2022):
Dominican Republic-$987k (-11.4%)
Cote d'Ivoire-$274k (-100%)
Philippines-$259k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Raw Tobacco were:
In 2022, Nicaragua's main importing competitors in Raw Tobacco were:

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Trade Value of Raw Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.21M
TOP IMPORT POTENTIALBrazil+ $978k

Raw Tobacco’s highest export potential is United States. With an export gap of $2.21M.   Raw Tobacco’s highest import potential is Brazil with an import gap of $978k.

See methodology.

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