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
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
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) |