U.S. Trade with Nicaragua in 2023

Export Market Rank
#38 Among U.S. Agricultural Export Markets
Total Export Value
$471.26 Million
3-Year Average
$482.44 Million
Compound Average Growth
8.3% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023

Top 10 Exports to Nicaragua in 2023

Commodity Total Value (USD) Total Volume (Metric Tons) 10-Year Average Value (USD) 10-Year Growth
Corn $95.04 Million 316,190 $70.19 Million 229%
Soybean Meal $94.49 Million 179,244 $56.82 Million 138%
Rice $50.15 Million 115,591 $23.1 Million 3788%
Pork & Pork Products $40.9 Million 12,878 $19.62 Million 834%
Cotton $26.46 Million 11,428 $14.01 Million 3334%
Dairy Products $23.84 Million 7,173 $13.72 Million 105%
Wheat $21.83 Million 65,150 $13.92 Million 147%
Poultry Meat & Prods. (excl. eggs) $21.08 Million 14,612 $9.49 Million 235%
Food Preparations $19.89 Million 5,129 $12.48 Million 50%
Tobacco $14.81 Million 586 $5.58 Million 186%

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Data and Analysis

Attaché Report (GAIN)

Nicaragua: Oilseeds and Products Annual

FAS/Managua projects marketing year 2024/25 peanut production to rebound to a record high of 230,000 metric tons on sustained high area planted and improved growing conditions following a damaging El Niño cycle in 2023/24.
Attaché Report (GAIN)

Nicaragua: Exporter Guide

The United States exported a record $540 million of agricultural and related products to Nicaragua in 2022, fueled largely by record-high remittances from Nicaraguan migrants.
Attaché Report (GAIN)

Nicaragua: Agricultural Biotechnology Annual

There were no significant changes to the Nicaraguan biotechnology regulatory regime in 2023. Nicaraguan biotechnology legislation lacks implementing regulations that would open additional opportunities for farmers and food processors to integrate new technologies into their operations.

News and Features

Communications to Congress

Food for Progress Program – FY 2022 Report to Congress

Agriculture Secretary Vilsack today announced the United States is investing $455 million to strengthen global food security and international capacity-building efforts.
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.