Nicaragua: Exporter Guide
Since signing the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) in April 2006, Nicaragua has enjoyed a strong trade relationship with its largest trading partner, the United States. Nicaragua’s decade of robust and sustained economic growth came to a halt on April 14, 2018 due to a deepening social and political crisis. As a result, the composition of U.S. agricultural exports are expected to shift in 2019, creating more opportunities for U.S. grains (corn, wheat and rice), soybean meal, soybean oil, and a wide variety of low cost processed, shelf stable and non-perishable U.S. food products. U.S. agricultural exports to Nicaragua reached $211 million in 2017 and increased by 8.9 percent in the first ten months of 2018. High value consumer-oriented exports made up an average of 40 percent of all U.S. agricultural exports to Nicaragua over the last five years.
