Nicaragua
U.S. Trade with Nicaragua in 2024
Export Market Rank
#38 Among U.S. Agricultural Export Markets
Total Export Value
$522.87 Million
3-Year Average
$510.61 Million
Compound Average Growth
9.5% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to Nicaragua in 2024
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Soybean Meal | $95.34 Million | 221,855 | $62.43 Million | 90% |
| Rice | $71.81 Million | 163,175 | $30.2 Million | 11085% |
| Corn | $64.19 Million | 307,828 | $73.73 Million | 89% |
| Pork & Pork Products | $60.01 Million | 17,970 | $25.18 Million | 729% |
| Wheat | $51.63 Million | 224,815 | $18.13 Million | 436% |
| Cotton | $26.04 Million | 13,678 | $16.54 Million | 719% |
| Dairy Products | $24.45 Million | 6,928 | $15 Million | 152% |
| Poultry Meat & Prods. (excl. eggs) | $24.14 Million | 15,295 | $11.27 Million | 260% |
| Food Preparations | $19.21 Million | 4,945 | $13.08 Million | 31% |
| Tobacco | $12.5 Million | 558 | $6.32 Million | 293% |
Data and Analysis
Nicaragua’s peanut farmers are expected to reduce harvested areas by at least five percent in marketing year (MY) 2025/26 in anticipation of lower prices due to increased Brazilian peanut production.
Nicaragua's Ministry of Health (MINSA), the regulator for processed foods, implemented two new administrative resolutions (MINSA 0024/2024 and MINSA 031/2024) in 2024, bringing substantial changes for food importers.
FAS Managua forecasts a strong coffee harvest of 2.58 million 60-kilogram bags for MY 2025/26. This optimistic outlook is attributed to increased agriculture input applications (mainly fertilizers) due to high coffee prices and expectations for a more balanced rainy season.
News and Features
Agriculture Secretary Vilsack today announced the United States is investing $455 million to strengthen global food security and international capacity-building efforts.