Nicaragua
U.S. Trade with Nicaragua in 2022
Export Market Rank
#40 Among U.S. Agricultural Export Markets
Total Export Value
$541.39 Million
3-Year Average
$418.87 Million
Compound Average Growth
10.5% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022
Top 10 Exports to Nicaragua in 2022
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Corn | $129.59 Million | 405,811 | $62 Million | 889% |
| Soybean Meal | $93.69 Million | 175,847 | $51.13 Million | 149% |
| Cotton | $62.16 Million | 21,655 | $11.4 Million | 16637% |
| Wheat | $50.88 Million | 136,296 | $14.9 Million | 61% |
| Rice | $50.74 Million | 116,808 | $18.57 Million | 1177% |
| Pork & Pork Products | $28.12 Million | 8,963 | $15.84 Million | 808% |
| Dairy Products | $25.53 Million | 7,016 | $12.15 Million | 242% |
| Poultry Meat & Prods. (excl. eggs) | $13.43 Million | 9,153 | $8.09 Million | 91% |
| Food Preparations | $13.18 Million | 4,223 | $11.38 Million | 47% |
| Baked Goods | $9.36 Million | 4,475 | $5.98 Million | 174% |
Data and Analysis
International Agricultural Trade Report
Opportunities for U.S. Consumer-Oriented Products in CAFTA-DR and Panama
The Dominican Republic-Central America Free Trade Agreement (CAFTA-DR)[1] region and Panama combine to represent the seventh-largest market for U.S consumer-oriented products, totaling $3.7 billion in 2022.
U.S. food and agricultural exports though the first nine months of 2022 were nearly $500 million – outpacing record highs in 2021 by 30 percent – on higher commodity prices and sustained demand for U.S. feed grains.
The Government of Nicaragua has refused to issue import permits or has rejected shipments of U.S. poultry products – including raw frozen cuts, fully cooked products, and day-old chicks – from U.S. states where high pathogenicity avian influenza cases have been reported.
News and Features
March 20, 2023
News Release
USDA Trade and Foreign Agricultural Affairs Under Secretary Taylor Kicks Off Central America-Dominican Republic Trade Mission to Panama
USDA's Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor arrived in Panama City today to launch an agribusiness trade mission. Taylor and a delegation of representatives from agribusiness and farm organizations and state departments of agriculture look to develop stronger ties and build economic partnerships between the United States and Panama and markets throughout CAFTA-DR region.
March 7, 2023
News Release
Trade and Foreign Agricultural Affairs Under Secretary to Lead Trade Mission to Panama
USDA's Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor will lead a delegation of 26 agribusinesses and farm organizations to Panama City, Panama, from March 19 to 23.
For FY 2023, USDA anticipates awarding up to $224 million in new McGovern-Dole cooperative agreements. USDA has identified the following as priority countries for FY 2023: Cameroon, Haiti, Mozambique, Nepal, Nicaragua, Sri Lanka, and Togo.