The fertile soil of Nicaragua accompanied by the mid-arid climate has made the nation an ideal location for the cultivation of globally demanded agricultural commodities. In early 2020 the country exported agricultural goods worth 2 billion US dollars across the globe accounting for 35% of the total global exports which made this factor the second largest contributor to its foreign exchange.

The modernization of the agricultural production sectors and the increasing efficacy of the population engaged in it for fulfilling the global demands have been recording a steady positive outgrowth in its export trade rate which has recorded a total trade value of 3 billion US dollars in 2023; representative of an increase of around 2.5% from the previous year’s value.

Top 10 Agricultural Goods Export of Nicaragua in 2023

The increasing awareness of the global population regarding the introduction of healthy alternatives in their day-to-day lifestyle along with the growing global demands have made Nicaragua export higher agro goods as per the acquirements. According to the Nicaragua Export Data, the top 10 agricultural goods exported by the nation that leverage the export trade growth in 2023 are,

1. Coffee – Valuation of Coffee exports from Nicaragua in 2023 – 760 million US dollars.

2. Beef – Valuation of Beef exports from Nicaragua in 2023 – 700 million US dollars.

3. Sugar – Valuation of Sugar exports from Nicaragua in 2023 – 600 million US dollars.

4. Bananas – Valuation of Bananas exports from Nicaragua in 2023 – 565 million US dollars.

5. Shrimp – Valuation of Shrimp exports from Nicaragua in 2023 – 482 million US dollars.

6. Gold – Valuation of Gold exports from Nicaragua in 2023 – 387 million US dollars.

7. Tobacco – Valuation of Tobacco exports from Nicaragua in 2023 – 342 million US dollars.

8. Palm Oil – Valuation of Palm Oil exports from Nicaragua in 2023 – 300 million US dollars.

9. Cocoa – Valuation of Cocoa exports from Nicaragua in 2023 – 250 million US dollars.

10. Dairy Products – Valuation of Dairy Products exports from Nicaragua in 2023 – 200 million US dollars.

Top 10 Agricultural Goods Manufacturing Companies of Nicaragua in 2023

As the agricultural sector plays a vital role in the country’s growing economy, the government interest has started increasing gradually which results in the modernization of the effective production sectors. According to the Nicaragua Customs Data, the top10 agricultural goods manufacturing companies of Nicaragua in 2023 are,

1. Grupo Coen – Export trade value of agricultural goods from Grupo Coen in 2023 – 720 million US dollars.

2. Agropecuaria El Ojochal – Export trade value of agricultural goods from Agropecuaria El Ojocha in 2023 – 650 million US dollars.

3. Corporation Mombacho – Export trade value of agricultural goods from Corporación Mombacho in 2023 – 567 million US dollars.

4. Casa Magna Cigars – Export trade value of agricultural goods from Casa Magna Cigars in 2023 – 498 million US dollars.

5. Inversiones Pellas – Export trade value of agricultural goods from Inversiones Pellas in 2023 – 400 million US dollars.

6. Industrias Alimentarias de Centroamérica (INALCA) – Export trade value of agricultural goods from Industrias Alimentarias de Centroamérica (INALCA)in 2023 – 350 million US dollars.

7. Azucarera Chichigalpa – Export trade value of agricultural goods from Azucarera Chichigalpa in 2023 – 328 million US dollars.

8. Café Soluble S.A – Export trade value of agricultural goods from Café Soluble S.A in 2023 – 289 million US dollars.

9. Cargill Central America – Export trade value of agricultural goods from Cargill Central America in 2023 – 250 million US dollars.

10. Flor de Caña Hacienda San Pedro – Export trade value of agricultural goods from Flor de Caña Hacienda San Pedro in 2023 – 187 million US dollars.

Top 10 Export Trade Partners of Nicaragua for Agricultural Goods Export in 2023

The Nicaragua Trade Data highlights the below-mentioned countries as the leading export trade partners for agricultural goods export in 2023,

• United States – As per the USA Import Data, export trade value of agricultural goods from Nicaragua in 2023 – 678 million US dollars.

VARIANTS OF EXPORT FROM NICARAGUA

1. Coffee
2. Bananas
3. Sugar
4. Beef
5. Tobacco

• Mexico – As per the Mexico Import Data, the export trade value of agricultural goods from Nicaragua in 2023 – 600 million US dollars.

VARIANTS OF EXPORT FROM NICARAGUA

1. Peanuts
2. Rice
3. Sesame
4. Corn
5. Cocoa

• Canada – As per the Canada Import Data, export trade value of agricultural goods from Nicaragua in 2023 – 565 million US dollars.

VARIANTS OF EXPORT FROM NICARAGUA

1. Pineapple
2. Avocado
3. Soybeans
4. Cassava
5. Plantains

• Venezuela – As per the Venezuela Import Data, export trade value of agricultural goods from Nicaragua in 2023 – 529 million US dollars.

VARIANTS OF EXPORT FROM NICARAGUA

1. Mango
2. Grapefruit
3. Oranges
4. Lemons
5. Papaya

• El Salvador – As per the El Salvador Import Data, export trade value of agricultural goods from Nicaragua in 2023 – 487 million US dollars.

VARIANTS OF EXPORT FROM NICARAGUA

1. Beans
2. Yams
3. Carrots
4. Lettuce
5. Cabbage

• Guatemala – As per the Guatemala Import Data, the export trade value of agricultural goods from Nicaragua in 2023 – 422 million US dollars.

VARIANTS OF EXPORT FROM NICARAGUA

1. Watermelon
2. Melons
3. Sweet potatoes
4. Squash
5. Green beans

• Germany – As per the Germany Import Data, the export trade value of agricultural goods from Nicaragua in 2023 – 388 million US dollars.

VARIANTS OF EXPORT FROM NICARAGUA

1. Mustard greens
2. Leeks
3. Basil
4. Oregano
5. Thyme

• Netherlands – As per the Netherlands Import Data, the export trade value of agricultural goods from Nicaragua in 2023 – 342 million US dollars.

VARIANTS OF EXPORT FROM NICARAGUA

1. Nutmeg
2. Cinnamon
3. Cloves
4. Coconut
5. Dates

• Spain – As per the Spain Import Data, the export trade value of agricultural goods from Nicaragua in 2023 – 287 million US dollars.

VARIANTS OF EXPORT FROM NICARAGUA

1. Pigeon peas
2. Figs
3. Mangosteen
4. Jackfruit
5. Walnuts

• China – As per the China Import Data, export trade value of agricultural goods from Nicaragua in 2023 – 224 million US dollars.

VARIANTS OF EXPORT FROM NICARAGUA

1. Hazelnuts
2. Cashews
3. Chia seeds
4. Flax seeds
5. Tamarind

FAQ’S

Que. What is the export trade value of agricultural goods from Nicaragua in 2023?
Ans. The export trade value of agricultural goods from Nicaragua in 2023 is 2.5 billion US dollars.

Que. Who is the top agricultural goods export trade partner of Nicaragua in 2023?
Ans. The United States is the top agricultural goods export trade partner of Nicaragua in 2023.

Que. What is the top agricultural goods export of Nicaragua in 2023?
Ans. Coffee is the top agricultural goods export of Nicaragua in 2023.

Que. Where can you get the detailed trade analysis of the agricultural goods export of Nicaragua in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the agricultural goods export of Nicaragua in 2023.

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