Top Import Products of Nicaragua

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10-Apr-2025

Overview

Nicaragua

As the Nicaragua import data reveals, the nation's top import products for 2023 were prominently characterized by:

> Machinery: 20%

> Petroleum Products: 18%

> Vehicles: 15%

> Pharmaceuticals: 12%

> Electronics: 10%

> Plastics: 8%

> Iron and Steel: 7%

> Chemicals: 5%

> Foodstuffs: 3%

> Textiles: 2%

These top 10 import items represented a significant 100% of Nicaragua's total import value for 2023. When analyzing Nicaragua's customs records, it's evident that the fastest-growing import categories were Machinery (USD 800 million), Petroleum Products (USD 720 million), and Vehicles (USD 600 million) showing a robust upward trend. Conversely, the declining sectors in the import landscape included products of the Plastics, Iron and Steel, Chemicals, as well as Foodstuffs.

For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Nicaragua’s top 10 import commodities for 2023.

YOY and MOM comparison of growth and share of top Import Products of nicaragua

Top Import Products of Nicaragua

YOY comparison of growth and share of top Import Products of Nicaragua

MOM comparison of growth and share of top Import Products of Nicaragua

Import Products of Nicaragua
100

1M 3M 6M 1Y 3Y ALL

Top Products		2023	2022	Growth%	2023 Share	2022 Share
Parts and accessories of the motor vehicles of headings 8701 to 8705 HSN Code: 87089900 87082900 87088000 Importers : Nicaragua Importers 156 Nicaragua Importers Shipment 51,342	Value	$4,697,703.23	$4,799,943.79	-2.13%	0.22%	0.30%
	Shipment	18,383	19,086	-3.68%	6.20%	10.79%
Parts and accessories of vehicles of headings 8711 to 8713 HSN Code: 87141090 87149990 87149400 Importers : Nicaragua Importers 61 Nicaragua Importers Shipment 42,006	Value	$1,449,153.3	$5,062,967.63	-71.38%	0.07%	0.32%
	Shipment	13,674	14,710	-7.04%	4.61%	8.32%
Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic uses, Put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings HSN Code: 30049099 30049091 30045020 Importers : Nicaragua Importers 323 Nicaragua Importers Shipment 20,297	Value	$80,967,456.26	$59,526,920.86	36.02%	3.72%	3.76%
	Shipment	8,128	6,128	32.64%	2.74%	3.47%
Articles for the conveyance or packing of goods, Of plastics; stoppers, Lids, Caps and other closures, Of plastics HSN Code: 39233099 39239099 39231090 Importers : Nicaragua Importers 425 Nicaragua Importers Shipment 16,670	Value	$31,851,518.24	$15,008,217.11	112.23%	1.46%	0.95%
	Shipment	8,227	2,201	273.78%	2.78%	1.24%
Preparations for use on the hair HSN Code: 33059099 33051001 33059000 Importers : Nicaragua Importers 92 Nicaragua Importers Shipment 12,724	Value	$12,216,793.91	$15,576,662.54	-21.57%	0.56%	0.98%
	Shipment	4,330	5,508	-21.39%	1.46%	3.12%
Portland cement, Aluminous cement, Slag cement, Supersulphate cement and similar hydraulic cements, Whether or not coloured or in the form of clinkers HSN Code: 25231000 25232900 25231090 Importers : Nicaragua Importers 10 Nicaragua Importers Shipment 10,900	Value	$29,547,680.69	$0	100%	1.36%	0.00%
	Shipment	8,550	0	100%	2.88%	0.00%
Bread, Pastry, Cakes, Biscuits and other bakers’ wares, Whether or not containing cocoa; communion wafers, Empty cachets of a kind suitable for pharmaceutical use, Sealing wafers, Rice paper and similar products HSN Code: 19053190 19059000 19059010 Importers : Nicaragua Importers 116 Nicaragua Importers Shipment 9,154	Value	$28,509,299.57	$9,164,780.25	211.07%	1.31%	0.58%
	Shipment	4,858	860	464.88%	1.64%	0.49%
Sausages and similar products, Of meat , Kg. meat offal or blood; food preparations based on these p HSN Code: 16010090 16010020 16010030 Importers : Nicaragua Importers 9 Nicaragua Importers Shipment 8,890	Value	$14,225,956.25	$0	100%	0.65%	0.00%
	Shipment	5,724	0	100%	1.93%	0.00%
Other furniture and parts thereof HSN Code: 94036000 94032000 94035000 Importers : Nicaragua Importers 243 Nicaragua Importers Shipment 8,531	Value	$7,283,343.12	$4,369,287.92	66.69%	0.33%	0.28%
	Shipment	4,934	548	800.36%	1.66%	0.31%
Other articles of vulcanised rubber other than hard rubber HSN Code: 40169990 40169330 40169960 Importers : Nicaragua Importers 244 Nicaragua Importers Shipment 8,457	Value	$1,290,326.91	$2,419,974.85	-46.68%	0.06%	0.15%
	Shipment	2,725	3,004	-9.29%	0.92%	1.70%
Cut flowers and flower buds of a kind suitable for bouquets or for ornamental purposes, Fresh, Dried, Dyed, Bleached, Impregnated or otherwise prepared - fresh: HSN Code: 06031100 06031999 06031500 Importers : Nicaragua Importers 508 Nicaragua Importers Shipment 8,417	Value	$32,563,323.25	$14,702,949.57	121.47%	1.50%	0.93%
	Shipment	3,735	526	610.08%	1.26%	0.30%
Sauces and preparations therefor, Mixed condiments and mixed seasonings; mustard flour and meal and prepared mustard HSN Code: 21039000 21032000 21039099 Importers : Nicaragua Importers 49 Nicaragua Importers Shipment 8,398	Value	$30,844,009.41	$0	100%	1.42%	0.00%
	Shipment	5,002	0	100%	1.69%	0.00%
Electrical apparatus for switching or protecting electrical circuits, Or for making connections to or in electrical circuits (for example, Switches, Relays, Fuses, Surge suppressors, Plugs, Sockets, Lamp-holders and other connectors, Junction boxes), For HSN Code: 85365090 85365099 85369099 Importers : Nicaragua Importers 237 Nicaragua Importers Shipment 8,343	Value	$8,847,888.61	$6,871,927.13	28.75%	0.41%	0.43%
	Shipment	2,670	3,060	-12.75%	0.90%	1.73%
Screws, Bolts, Nuts, Coach-screws, Screw hooks, Rivets, Cotters, Cotter-pins, Washers (including spring washers)and similar articles, Of iron or steel - threaded articles : HSN Code: 73181500 73181900 73181600 Importers : Nicaragua Importers 260 Nicaragua Importers Shipment 7,741	Value	$885,582.36	$2,069,317.53	-57.20%	0.04%	0.13%
	Shipment	2,558	2,943	-13.08%	0.86%	1.66%
Parts suitable for use solely or principally with the engines of heading 8407 or 8408 HSN Code: 84099191 84099199 84099111 Importers : Nicaragua Importers 91 Nicaragua Importers Shipment 7,663	Value	$4,585,378.76	$4,318,249.58	6.19%	0.21%	0.27%
	Shipment	2,474	2,382	3.86%	0.83%	1.35%

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