Nicaragua Major Trade Partners

Buying and selling are essential for any country to develop its economy and maintain good relations with other nations. The first table below shows top trading partners of Nicaragua in terms of export sales (selling), including United States, Mexico, and Canada. The second lists top trade partners of Nicaragua regarding import total (buying). That is, most products are imported from these countries to Nicaragua.

Nicaragua Major Exports

Market Value: 1,541 (millions) – Last Updated: June, 2024

Nicaragua Major Exports

Rank Country (Exports To) Trade Value (thousands) Share (%) Growth (% 5yr)
1 United States 994,372 64.52 278.33
2 Mexico 180,175 11.69 351.60
3 Canada 67,198 4.36 92.50
4 Spain 48,309 3.13 122.42
5 United Kingdom 29,780 1.93 70.30
6 Belgium 28,308 1.84 142.99
7 Germany 28,113 1.82 99.72
8 Netherlands 26,748 1.74 610.44
9 Venezuela 23,668 1.54 1,585.99
10 Japan 15,627 1.01 108.59
11 Finland 15,195 0.99 157.22
12 Italy 15,148 0.98 143.89
13 Dominican Republic 13,749 0.89 134.45
14 France 11,299 0.73 46.59
15 Haiti 8,455 0.55 96.22
16 Sweden 6,162 0.40 73.74
17 Russia 5,932 0.38 395.76
18 Colombia 5,905 0.38 661.94
19 Chile 3,102 0.20 3,579.93
20 China 3,018 0.20 15.40
21 Hong Kong 2,614 0.17 173.48
22 United Arab Emirates 2,364 0.15 208.63
23 Portugal 1,850 0.12 97.13
24 Poland 1,679 0.11 1,811.88
25 Norway 1,327 0.09 169.44
26 Cuba 1,110 0.07 945.17

 

Nicaragua Major Imports

Market Value: 2,204 (millions) – Last Updated: June, 2024

Nicaragua Major Imports

Rank Country (Imports From) Trade Value (thousands) Share (%) Growth (% 5yr)
1 United States 578,197 26.24 33.06
2 Venezuela 445,447 20.21 77.56
3 Mexico 300,763 13.65 85.36
4 China 163,073 7.40 44.52
5 Ecuador 142,180 6.45 377.43
6 Japan 71,536 3.25 (25.08)
7 India 71,333 3.24 411.24
8 South Korea 66,428 3.01 239.26
9 Brazil 51,472 2.34 (24.65)
10 Chile 42,102 1.91 223.85
11 Thailand 36,447 1.65 358.38
12 Russia 33,853 1.54 67.20
13 Netherlands Antilles 22,966 1.04 (69.16)
14 Germany 21,108 0.96 (49.32)
15 Spain 17,926 0.81 (38.46)
16 Canada 15,586 0.71 (26.25)
17 Trinidad and Tobago 13,945 0.63 (21.57)
18 Netherlands 12,503 0.57 10.41
19 Sweden 11,119 0.50 72.68
20 Uruguay 8,825 0.40 673.79
21 Switzerland 8,479 0.38 3.64
22 Colombia 7,977 0.36 (7.88)
23 France 7,709 0.35 (26.33)
24 Nigeria 6,956 0.32 466,429.85
25 Peru 6,705 0.30 (4.92)
26 Malaysia 6,555 0.30 (31.39)
27 Dominican Republic 5,819 0.26 69.03
28 Ireland 4,708 0.21 164.79
29 North Korea 3,487 0.16 (57.73)
30 New Zealand 2,884 0.13 187.85
31 Barbados 2,295 0.10 7,624.31
32 Norway 2,088 0.09 (48.96)
33 Indonesia 1,881 0.09 (69.43)
34 Portugal 1,767 0.08 284.31
35 Italy 1,723 0.08 (82.19)
36 Belgium 1,672 0.08 (90.49)