Nicaragua recorded a trade deficit of 161.18 USD Million in August of 2025. This dataset provides - Nicaragua Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows Nicaragua's trade balance of goods from 2014 to 2024. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2024, Nicaragua's trade deficit amounted to around **** billion U.S. dollars.

Nicaragua: Trade balance, billion USD: The latest value from 2024 is -3.3 billion U.S. dollars, a decline from -2.27 billion U.S. dollars in 2023. In comparison, the world average is 4.90 billion U.S. dollars, based on data from 109 countries. Historically, the average for Nicaragua from 1977 to 2024 is -1.12 billion U.S. dollars. The minimum value, -3.3 billion U.S. dollars, was reached in 2024 while the maximum of 0.16 billion U.S. dollars was recorded in 1979.

NI: Trade Balance: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: Afghanistan, Islamic Republic of data was reported at -0.001 USD mn in Apr 2019. This records an increase from the previous number of -0.001 USD mn for Mar 2019. NI: Trade Balance: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: Afghanistan, Islamic Republic of data is updated monthly, averaging -0.001 USD mn from Jun 2018 (Median) to Apr 2019, with 11 observations. The data reached an all-time high of -0.000 USD mn in Jun 2018 and a record low of -0.001 USD mn in Dec 2018. NI: Trade Balance: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: Afghanistan, Islamic Republic of data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.DOT: Trade Balance: by Country: Monthly.

In 2023, Nicaragua’s number one most exported product was gold. This raw, semi-manufactured or powdered commodity contributed approximately 1.1 billion U.S. dollars to the Nicaraguan total export value. At around 609 million dollars, coffee was the second most exported product in Nicaragua. It was followed by frozen, fresh, and refrigerated bovine meats that, combined, made up roughly 690 million dollars of the exported value for this Central American country. In addition to being the most important export products for Nicaragua, both gold and coffee, were among the top ten most exported goods in Central America.

Nicaragua’s leading trade partners

Whereas several Central American countries were among the lead trading partners of Nicaragua, it was the United States that led the list. The United States was by far the main trade partner of Nicaragua, both in terms of import and export, exceeding a total trade value of 6.8 billion U.S. dollars in 2022. In the case of China, however, the trade balance is rather uneven, as Nicaragua imported significantly more than it exported. This means that China is among the top ten main destinations of Nicaraguan exports, but not on the list of origin countries regarding imports.

Decline in Nicaraguan trade balance

The above-mentioned gap between import and export value in the case of China becomes even more relevant when looking at the trade balance of goods in Nicaragua over the past 10 years. Despite experiencing small fluctuations, Nicaragua has not registered a single trade surplus (positive trade balance) since 2012. The trade deficit in 2022 has, however, only slightly increased compared to the previous year.

Nicaragua NI: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Trinidad and Tobago data was reported at -0.419 USD mn in Dec 2015. This stayed constant from the previous number of -0.419 USD mn for Sep 2015. Nicaragua NI: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Trinidad and Tobago data is updated quarterly, averaging -0.645 USD mn from Sep 1962 (Median) to Dec 2015, with 93 observations. The data reached an all-time high of 0.243 USD mn in Jun 1978 and a record low of -5.511 USD mn in Dec 2003. Nicaragua NI: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Trinidad and Tobago data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.DOT: Trade Balance: by Country: Quarterly.

Time series data for the statistic Trade_Balance_Nicaragua_with_Taiwan,_China. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -3.41 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -1.93 Million compared to the value the year prior.The Serie's long term average value is 1.08 Million. It's latest available value, on 5/31/2025, is -4.48 Million lower, compared to it's long term average value.The Serie's change from it's minimum value, on 3/31/2025, to it's latest available value, on 5/31/2025, is +0.3736 Million.The Serie's change from it's maximum value, on 3/31/2017, to it's latest available value, on 5/31/2025, is -23.47 Million.

NI: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Fiji data was reported at -0.000 USD mn in Dec 2015. This stayed constant from the previous number of -0.000 USD mn for Nov 2015. NI: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Fiji data is updated monthly, averaging -0.000 USD mn from Jan 2011 (Median) to Dec 2015, with 48 observations. The data reached an all-time high of -0.000 USD mn in Dec 2011 and a record low of -0.001 USD mn in Dec 2014. NI: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Fiji data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.DOT: Trade Balance: by Country: Monthly.

Time series data for the statistic Trade_Balance_Nicaragua_with_Liberia. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at 0.363 Thousand as of 5/31/2025, the lowest value since 1/31/2025. Regarding the Three-Year-Change of the series, the current value constitutes a decrease of -24.63 percent compared to the value three years prior.The 3 year change in percent is -24.63.The Serie's long term average value is 6.87 Thousand. It's latest available value, on 5/31/2025, is -6.51 Thousand lower, compared to it's long term average value.The Serie's change from it's minimum value, on 1/31/2008, to it's latest available value, on 5/31/2025, is +0.513 Thousand.The Serie's change in percent from it's maximum value, on 6/30/2023, to it's latest available value, on 5/31/2025, is -99.06%.

Time series data for the statistic Trade_Balance_Nicaragua_with_Togo. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at 14.27 Million as of 2/29/2024, the lowest value since 8/31/2021. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -4E-5 Million compared to the value the year prior.The Serie's long term average value is 0.513 Million. It's latest available value, on 2/29/2024, is 13.76 Million higher, compared to it's long term average value.The Serie's change from it's minimum value, on 1/31/2004, to it's latest available value, on 2/29/2024, is +14.27 Million.The Serie's change from it's maximum value, on 2/29/2024, to it's latest available value, on 2/29/2024, is 0.0 Million.

NI: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Marshall Islands, Republic data was reported at 0.000 USD mn in Apr 2019. This records a decrease from the previous number of 0.001 USD mn for Mar 2019. NI: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Marshall Islands, Republic data is updated monthly, averaging 0.001 USD mn from Jun 2018 (Median) to Apr 2019, with 11 observations. The data reached an all-time high of 0.001 USD mn in Dec 2018 and a record low of 0.000 USD mn in Jun 2018. NI: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Marshall Islands, Republic data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.DOT: Trade Balance: by Country: Monthly.

Nicaragua NI: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: China, People Republic: Mainland data was reported at -837.273 USD mn in 2017. This records an increase from the previous number of -886.567 USD mn for 2016. Nicaragua NI: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: China, People Republic: Mainland data is updated yearly, averaging -7.000 USD mn from Dec 1950 (Median) to 2017, with 49 observations. The data reached an all-time high of 63.125 USD mn in 1979 and a record low of -886.567 USD mn in 2016. Nicaragua NI: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: China, People Republic: Mainland data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.DOT: Trade Balance: by Country: Annual.

Nicaragua NI: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Suriname data was reported at 0.098 USD mn in Dec 2015. This stayed constant from the previous number of 0.098 USD mn for Sep 2015. Nicaragua NI: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Suriname data is updated quarterly, averaging -0.000 USD mn from Mar 1986 (Median) to Dec 2015, with 52 observations. The data reached an all-time high of 0.222 USD mn in Dec 2010 and a record low of -0.085 USD mn in Dec 1986. Nicaragua NI: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Suriname data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.DOT: Trade Balance: by Country: Quarterly.

NI: Trade Balance: Advanced Economies: Portugal data was reported at -0.182 USD mn in Dec 2015. This stayed constant from the previous number of -0.182 USD mn for Nov 2015. NI: Trade Balance: Advanced Economies: Portugal data is updated monthly, averaging -0.006 USD mn from Jul 1962 (Median) to Dec 2015, with 395 observations. The data reached an all-time high of 2.997 USD mn in May 1989 and a record low of -0.599 USD mn in Nov 1974. NI: Trade Balance: Advanced Economies: Portugal data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.DOT: Trade Balance: by Country: Monthly.

Nicaragua NI: Trade Balance: Advanced Economies: Slovak Republic data was reported at -0.168 USD mn in Dec 2015. This stayed constant from the previous number of -0.168 USD mn for Sep 2015. Nicaragua NI: Trade Balance: Advanced Economies: Slovak Republic data is updated quarterly, averaging 0.001 USD mn from Mar 1993 (Median) to Dec 2015, with 24 observations. The data reached an all-time high of 0.433 USD mn in Dec 1993 and a record low of -0.168 USD mn in Dec 2015. Nicaragua NI: Trade Balance: Advanced Economies: Slovak Republic data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.DOT: Trade Balance: by Country: Quarterly.

NI: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Sri Lanka data was reported at -0.157 USD mn in Dec 2015. This stayed constant from the previous number of -0.157 USD mn for Nov 2015. NI: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Sri Lanka data is updated monthly, averaging -0.036 USD mn from Jan 1970 (Median) to Dec 2015, with 284 observations. The data reached an all-time high of 2.222 USD mn in Nov 1985 and a record low of -0.181 USD mn in Dec 2014. NI: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Sri Lanka data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.DOT: Trade Balance: by Country: Monthly.

Nicaragua NI: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Senegal data was reported at 0.000 USD mn in Dec 2015. This stayed constant from the previous number of 0.000 USD mn for Nov 2015. Nicaragua NI: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Senegal data is updated monthly, averaging -0.000 USD mn from Aug 1974 (Median) to Dec 2015, with 159 observations. The data reached an all-time high of 0.015 USD mn in Dec 2014 and a record low of -0.051 USD mn in Aug 1977. Nicaragua NI: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Senegal data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.DOT: Trade Balance: by Country: Monthly.

Nicaragua NI: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Greenland data was reported at -0.000 USD mn in Dec 2013. This stayed constant from the previous number of -0.000 USD mn for Sep 2013. Nicaragua NI: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Greenland data is updated quarterly, averaging -0.000 USD mn from Mar 2004 (Median) to Dec 2013, with 16 observations. The data reached an all-time high of -0.000 USD mn in Dec 2013 and a record low of -0.001 USD mn in Dec 2004. Nicaragua NI: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Greenland data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.DOT: Trade Balance: by Country: Quarterly.

NI: Trade Balance: Advanced Economies: Israel data was reported at -2.457 USD mn in Dec 2015. This stayed constant from the previous number of -2.457 USD mn for Sep 2015. NI: Trade Balance: Advanced Economies: Israel data is updated quarterly, averaging -0.281 USD mn from Dec 1965 (Median) to Dec 2015, with 128 observations. The data reached an all-time high of 0.579 USD mn in Sep 1993 and a record low of -2.457 USD mn in Dec 2015. NI: Trade Balance: Advanced Economies: Israel data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.DOT: Trade Balance: by Country: Quarterly.

Nicaragua NI: Trade Balance: Emerging and Developing Economies: Europe: CIS: Kyrgyz Republic data was reported at -0.000 USD mn in 2018. Nicaragua NI: Trade Balance: Emerging and Developing Economies: Europe: CIS: Kyrgyz Republic data is updated yearly, averaging -0.000 USD mn from Dec 2018 (Median) to 2018, with 1 observations. Nicaragua NI: Trade Balance: Emerging and Developing Economies: Europe: CIS: Kyrgyz Republic data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.DOT: Trade Balance: by Country: Annual.