Countries

Nicaragua: trade by HS code

  • US$8.3bnExports 2024
  • US$11.4bnImports 2024
  • 2,458HS6 · Exports

In 2024, exports from Nicaragua came to US$8.3bn and imports to US$11.4bn.

Its main exports were unwrought gold (non-monetary) (7108.12), vehicle wiring harnesses (8544.30) and cotton T-shirts and vests, knitted (6109.10).

Its largest customer was the United States and its largest supplier the United States.

In the 12 months to August 2026, the UK imported goods worth £89.6m from Nicaragua (-11% on the year before), above all bananas (other than plantains), shelled groundnuts (peanuts) and green coffee (not decaffeinated), and exported £4.6m to it.

Under Central America, 93% of the UK tariff lines are duty-free for goods from Nicaragua that meet the rules of origin.

Nicaragua and the UK

UK imports£89.6m-11% · last 12 months
UK exports£4.6m+48% · last 12 months
Duty-free access to the UK93%share of tariff lines at 0% under a preference

Agreement or scheme: Central America

What the UK imports from Nicaragua

  1. 0803.90Bananas (other than plantains)£21.6m
  2. 1202.42Shelled groundnuts (peanuts)£18.2m
  3. 0901.11Green coffee (not decaffeinated)£17m
  4. 6109.10Cotton T-shirts and vests, knitted£8.1m
  5. 1703.10Molasses resulting from the extraction or refining of sugar: cane molasses£8m
  6. 1701.14Raw cane sugar (other)£3.9m
  7. 6110.20Cotton sweaters and cardigans, knitted£3.5m
  8. 6109.90T-shirts and vests of other fibres, knitted£1.8m
  9. 6110.30Synthetic sweaters and cardigans, knitted£1.7m
  10. 1511.10Crude palm oil£1.5m

Data up to August 2026 (provisional) · HMRC

Nicaragua and the EU

EU imports€599.4m+19% · last 12 months
EU exports€258.3m-10% · last 12 months
Duty-free access to the EU90%share of tariff lines at 0% under a preference

Agreement or scheme: Central America

What the EU imports from Nicaragua

  1. 0901.11Green coffee (not decaffeinated)€344.2m
  2. 1511.10Crude palm oil€35.3m
  3. 2402.10Cigars and cigarillos€33.4m
  4. 1801.00Cocoa beans€19.1m
  5. 1202.42Shelled groundnuts (peanuts)€16.5m
  6. 1508.10Groundnut oil and its fractions, whether or not refined: crude oil€16m
  7. 7108.12Unwrought gold (non-monetary)€15.5m
  8. 0306.17Frozen shrimps and prawns€13.5m
  9. 0306.11Rock lobster and other sea crawfish (Palinurus spp., Panulirus spp., Jasus spp.)€12.2m
  10. 2207.10Undenatured ethanol, 80% or more€11.7m

Data up to August 2026 (provisional) · Eurostat Comext

Top exports

  1. 7108.12Unwrought gold (non-monetary)US$1.4bn
  2. 8544.30Vehicle wiring harnessesUS$791.5m
  3. 6109.10Cotton T-shirts and vests, knittedUS$780.2m
  4. 0901.11Green coffee (not decaffeinated)US$587.9m
  5. 2402.10Cigars and cigarillosUS$447.5m
  6. 0201.30Fresh or chilled boneless beefUS$387.8m
  7. 2709.00Crude oilUS$357.2m
  8. 0202.30Frozen boneless beefUS$269.7m
  9. 6109.90T-shirts and vests of other fibres, knittedUS$217.6m
  10. 6110.30Synthetic sweaters and cardigans, knittedUS$213.5m
  11. 1701.14Raw cane sugar (other)US$143.4m
  12. 0713.33Dried kidney beansUS$128.8m
  13. 1202.42Shelled groundnuts (peanuts)US$122.6m
  14. 0406.90Other cheeseUS$97.4m
  15. 1701.99Refined sugar (other)US$94.2m
  16. 0406.30Processed cheeseUS$91.8m
  17. 6106.10Women's cotton blouses and shirts, knittedUS$88.4m
  18. 0306.17Frozen shrimps and prawnsUS$83.3m
  19. 6110.20Cotton sweaters and cardigans, knittedUS$73.4m
  20. 0306.11Rock lobster and other sea crawfish (Palinurus spp., Panulirus spp., Jasus spp.)US$71.7m

Top imports

  1. 2709.00Crude oilUS$513.1m
  2. 6006.22Dyed cotton knitted fabricsUS$315.5m
  3. 3004.90Other medicines, dosed or for retail saleUS$311.4m
  4. 8704.21Diesel trucks, GVW up to 5 tUS$260.6m
  5. 8544.49Other electric conductors, up to 1000 VUS$212m
  6. 6109.10Cotton T-shirts and vests, knittedUS$203.7m
  7. 1005.90Maize (corn), not for sowingUS$155.2m
  8. 2106.90Other food preparationsUS$128.3m
  9. 8711.20Motorcycles 50-250 ccUS$122.3m
  10. 2711.12Liquefied propaneUS$110.9m
  11. 3926.90Other plastic articlesUS$109.7m
  12. 2401.10Tobacco leaf, not stemmedUS$90.5m
  13. 8703.22Petrol cars, 1000-1500 ccUS$90.4m
  14. 1006.10Paddy rice (rice in the husk)US$89.9m
  15. 8536.70Optical fibre connectorsUS$88m
  16. 2304.00Soybean mealUS$84.9m
  17. 1511.90Refined palm oil and fractionsUS$77m
  18. 6309.00Worn clothing (second-hand)US$76.6m
  19. 7214.20Steel rebar (deformed bars)US$75.9m
  20. 3102.10UreaUS$70.2m

Main buyers from Nicaragua

  1. United States US$3.7bn
  2. Mexico US$973.8m
  3. Canada US$543.5m
  4. El Salvador US$450.3m
  5. Honduras US$374m
  6. Senegal US$368.1m
  7. Costa Rica US$182.8m
  8. Switzerland US$170.5m
  9. Belgium US$154.8m
  10. Guatemala US$151.6m

Main suppliers of Nicaragua

  1. United States US$2bn
  2. China US$1.3bn
  3. Guatemala US$938.2m
  4. Mexico US$843.4m
  5. Costa Rica US$635.4m
  6. Honduras US$611.8m
  7. El Salvador US$469.8m
  8. India US$274.9m
  9. Argentina US$218.2m
  10. Japan US$182.8m

Questions and answers

What does Nicaragua export most?

In 2024, its largest export at the six-digit level was unwrought gold (non-monetary) (HS 7108.12), worth US$1.4bn.

Does the UK have a trade agreement with Nicaragua?

Yes: goods from Nicaragua can enter at preferential rates under Central America, duty-free on 93% of tariff lines, provided they meet the rules of origin and come with proof of origin.