Top Import Trading Partners of Nicaragua - Volza

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31-Mar-2025

Overview

Nicaragua
 

Nicaragua's primary import trading partners in 2023 include United States (25% of imports, $1.5 billion), China (20%, $1.2 billion), Mexico (15%, $900 million), Guatemala (10%, $600 million), and Costa Rica (8%, $480 million).

Key imports from these countries are machinery, electronics, vehicles, chemicals, and foodstuffs. Trade agreements such as the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) and various bilateral agreements facilitate smoother trade flows.

Nicaragua's GDP growth rate stands at 2.5%, with an inflation rate of 5.1%, influencing its import dynamics and trade policies. Strategic tariffs and government incentives support a balanced trade relationship, while logistical advantages such as proximity to major markets in the Americas enhance trade efficiency, making Nicaragua a crucial import market for these partners.

Nicaragua Trade Partnership With Other Countries

Track top import trading partner countries of Nicaragua, These findings are based on global import shipment database of Volza, it is the most up-to-date but partial information available on Nicaragua's import trade.

Top Import Trading Partners

YOY comparison

MOM comparison

Import Trading Partners of Nicaragua
55
1M 3M 6M 1Y 3Y ALL
Country 2023 2022 Growth% 2023 Share 2022 Share
Argentina Flag Argentina Top Import Products from Argentina to Nicaragua Value $143,672,912.09 $130,182,173.05 greenUpArrow   10.36% 6.60%
Shipment 5,428 5,356 greenUpArrow   1.34% 1.83%
Austria Flag Austria Top Import Products from Austria to Nicaragua Value $1,624,459.85 $2,038,161.91 redDownArrow   -20.30% 0.07%
Shipment 378 429 redDownArrow   -11.89% 0.13%
Bangladesh Flag Bangladesh Top Import Products from Bangladesh to Nicaragua Value $115,617.96 $0 greenUpArrow   100% 0.01%
Shipment 10 0 greenUpArrow   100% 0.00%
Belgium Flag Belgium Top Import Products from Belgium to Nicaragua Value $19,066,955.29 $36,353,123.71 redDownArrow   -47.55% 0.88%
Shipment 694 700 redDownArrow   -0.86% 0.23%
Brazil Flag Brazil Top Import Products from Brazil to Nicaragua Value $215,903,713 $155,539,438 greenUpArrow   38.81% 9.92%
Shipment 7,467 6,223 greenUpArrow   19.99% 2.52%
Bulgaria Flag Bulgaria Top Import Products from Bulgaria to Nicaragua Value $938,014.47 $1,188,626.73 redDownArrow   -21.08% 0.04%
Shipment 47 26 greenUpArrow   80.77% 0.02%
Cameroon Flag Cameroon Top Import Products from Cameroon to Nicaragua Value $138,554 $0 greenUpArrow   100% 0.01%
Shipment 1 0 greenUpArrow   100% 0.00%
Chile Flag Chile Top Import Products from Chile to Nicaragua Value $30,939,075.68 $26,522,034.74 greenUpArrow   16.65% 1.42%
Shipment 1,353 1,623 redDownArrow   -16.64% 0.46%
Colombia Flag Colombia Top Import Products from Colombia to Nicaragua Value $45,954,968.49 $199,522,743.68 redDownArrow   -76.97% 2.11%
Shipment 4,897 5,685 redDownArrow   -13.86% 1.65%
Costa-Rica Flag Costa-Rica Top Import Products from Costa Rica to Nicaragua Value $654,158,846.42 $0 greenUpArrow   100% 30.06%
Shipment 144,209 0 greenUpArrow   100% 48.65%
Croatia Flag Croatia Top Import Products from Croatia to Nicaragua Value $0 $5,572.11 redDownArrow   -100.00% 0.00%
Shipment 0 5 redDownArrow   -100.00% 0.00%
Cyprus Flag Cyprus Top Import Products from Cyprus to Nicaragua Value $87,881.72 $47,920.71 greenUpArrow   83.39% 0.00%
Shipment 1 5 redDownArrow   -80.00% 0.00%
Czech-Republic Flag Czech-Republic Top Import Products from Czech Republic to Nicaragua Value $2,689,731.06 $3,052,046.83 redDownArrow   -11.87% 0.12%
Shipment 290 375 redDownArrow   -22.67% 0.10%
Denmark Flag Denmark Top Import Products from Denmark to Nicaragua Value $5,476,924.22 $4,234,042.98 greenUpArrow   29.35% 0.25%
Shipment 320 337 redDownArrow   -5.04% 0.11%
Ecuador Flag Ecuador Top Import Products from Ecuador to Nicaragua Value $137,630,597.98 $57,636,034.7 greenUpArrow   138.79% 6.33%
Shipment 3,021 1,995 greenUpArrow   51.43% 1.02%

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