Top Export Products of Nicaragua

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10-Apr-2025

Overview

Nicaragua

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

> Coffee: 25%

> Beef: 18%

> Gold: 15%

> Sugar: 12%

> Seafood: 8%

> Textiles: 7%

> Tobacco: 5%

> Dairy Products: 4%

> Peanuts: 3%

> Fruits: 3%

These top 10 export items represented a significant 100% of Nicaragua's total export value for 2023. When analyzing Nicaragua's customs records, it's evident that the fastest-growing export categories were Coffee (USD 500 million), Beef (USD 360 million), and Gold (USD 300 million) showing a robust upward trend. Conversely, the declining sectors in the export landscape included products of the Seafood, Textiles, Tobacco, as well as Dairy Products.

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

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

Top Export Products of Nicaragua

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

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

Export Products of Nicaragua
100

1M 3M 6M 1Y 3Y ALL

Top Products		2023	2022	Growth%	2023 Share	2022 Share
T-shirts, Singlets and other vests, Knitted or crocheted HSN Code: 61091003 61091000 61099000 Exporters : Nicaragua Exporters 847 Nicaragua Exporters Shipment 36,118	Value	$50,104,198.85	$44,083,963.23	13.66%	4.13%	2.55%
	Shipment	6,319	10,824	-41.62%	10.32%	26.80%
Meat of bovine animals, Fresh and chilled HSN Code: 02013000 02013001 02012000 Exporters : Nicaragua Exporters 63 Nicaragua Exporters Shipment 11,459	Value	$53,208,771.33	$106,578,876.74	-50.08%	4.38%	6.17%
	Shipment	4,119	1,821	126.19%	6.73%	4.51%
Meat of bovine animals, Frozen HSN Code: 02023000 020230 02022000 Exporters : Nicaragua Exporters 120 Nicaragua Exporters Shipment 9,142	Value	$24,906,324.85	$1,928,255.49	1191.65%	2.05%	0.11%
	Shipment	3,065	902	239.80%	5.01%	2.23%
Jerseys, Pullovers, Cardigans, Waistcoats and similar articles, Knitted or crocheted ---- of wool or fine animal hair : HSN Code: 61103000 61102000 61102005 Exporters : Nicaragua Exporters 285 Nicaragua Exporters Shipment 8,982	Value	$11,834,986.87	$9,602,131.58	23.25%	0.97%	0.56%
	Shipment	1,651	1,697	-2.71%	2.70%	4.20%
Insulated (including enamelled or anodised) wire, Cable (including co-axial cable) and other insulated electric conductors, Whether or not fitted with connectors; optical fibre cables, Made up of individually sheathed fibres, Whether or not assembled with HSN Code: 85443099 85443000 85443012 Exporters : Nicaragua Exporters 151 Nicaragua Exporters Shipment 8,762	Value	$163,820,937.76	$481,723,431.4	-65.99%	13.49%	27.87%
	Shipment	1,681	3,079	-45.40%	2.75%	7.62%
Articles for the conveyance or packing of goods, Of plastics; stoppers, Lids, Caps and other closures, Of plastics HSN Code: 39231090 39239090 39235090 Exporters : Nicaragua Exporters 165 Nicaragua Exporters Shipment 6,779	Value	$537,255.12	$112,332.65	378.27%	0.04%	0.01%
	Shipment	532	47	1031.91%	0.87%	0.12%
Citrus fruit, Fresh or dried HSN Code: 08051000 08055000 Exporters : Nicaragua Exporters 2 Nicaragua Exporters Shipment 6,291	Value	$12,186,561.6	$0	100%	1.00%	0.00%
	Shipment	2,086	0	100%	3.41%	0.00%
Men’s or boys’ suits, Ensembles, Jackets, Blazers, Trousers, Bib and brace oveb ralls, Breeches and shorts (other than swimwear) ---- suits : HSN Code: 62034391 62034200 62034291 Exporters : Nicaragua Exporters 210 Nicaragua Exporters Shipment 5,796	Value	$3,087,220.76	$4,616,079.14	-33.12%	0.25%	0.27%
	Shipment	1,798	1,701	5.70%	2.94%	4.21%
Other furniture and parts thereof HSN Code: 94036000 94035000 94034000 Exporters : Nicaragua Exporters 133 Nicaragua Exporters Shipment 4,456	Value	$2,014,969.28	$177,426.5	1035.66%	0.17%	0.01%
	Shipment	1,998	186	974.19%	3.26%	0.46%
Waters, Including mineral waters and aerated waters, Containing added sugar or other sweetening matter or flavoured, And other non-alcoholic beverages, Not including fruit or vegetable juices of heading 2009 HSN Code: 22021000 22029990 22021010 Exporters : Nicaragua Exporters 64 Nicaragua Exporters Shipment 4,381	Value	$7,973,452.91	$610,048.54	1207.02%	0.66%	0.04%
	Shipment	1,217	63	1831.75%	1.99%	0.16%
Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80% vol.; spirit, Liqueurs and other spiritnous beverages HSN Code: 22084010 22084000 22084002 Exporters : Nicaragua Exporters 105 Nicaragua Exporters Shipment 4,268	Value	$24,099,926.99	$25,877,699.81	-6.87%	1.98%	1.50%
	Shipment	1,660	791	109.86%	2.71%	1.96%
Ground-nuts, Not roasted or otherwise cooked, Whether or not shelled or broekn HSN Code: 12024200 12024201 12024100 Exporters : Nicaragua Exporters 108 Nicaragua Exporters Shipment 4,085	Value	$88,615,602.8	$212,148,077.38	-58.23%	7.30%	12.27%
	Shipment	1,198	950	26.11%	1.96%	2.35%
Ferrous waste and scrap; remelting scrap ingots of iron or steel HSN Code: 72044900 72042190 72042110 Exporters : Nicaragua Exporters 90 Nicaragua Exporters Shipment 3,871	Value	$17,034,695.2	$15,251,472.28	11.69%	1.40%	0.88%
	Shipment	963	1,511	-36.27%	1.57%	3.74%
Dried leguminous vegetables, Shelled, Whether or not skinned or split HSN Code: 07133340 071339 07133320 Exporters : Nicaragua Exporters 277 Nicaragua Exporters Shipment 3,850	Value	$40,505,178.03	$757,454.46	5247.54%	3.34%	0.04%
	Shipment	1,036	88	1077.27%	1.69%	0.22%
Bananas, Including plaintains, Fresh or dried HSN Code: 08039011 08031000 08039010 Exporters : Nicaragua Exporters 91 Nicaragua Exporters Shipment 3,752	Value	$18,629,661.64	$24,363,792.4	-23.54%	1.53%	1.41%
	Shipment	336	88	281.82%	0.55%	0.22%

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