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Balance of Trade In Goods and Services (Local Currency) fell 47.0% to NIO -127 bil in Nicaragua in 2024

Balance of Trade In Goods and Services (Local Currency) (NIO bil), 2024
Economy | Nicaragua | September 1, 2025
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Excel Sheet

Balance of trade in goods and services fell 47.0% to NIO -127 bil in Nicaragua in 2024, according to the National Statistical Office.

Historically, balance of trade in goods and services in Nicaragua reached an all time high of NIO < 0.001 bil in 1979 and an all time low of NIO -127 bil in 2024. When compared to Nicaragua's main peers, balance of trade in goods and services in Costa Rica amounted to CRC 2,816 bil, SVC -6.77 bil in El Salvador, HNL -221 bil in Honduras and MXN -387 bil in Mexico in 2024.

Nicaragua has been ranked 88th within the group of 130 countries we follow in terms of balance of trade in goods and services, 22 places above the position seen 10 years ago.

Balance of Trade In Goods and Services (Local Currency) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Belize BZD bil 0.113 0.076 -0.261 -0.186 -0.113 ...
Costa Rica CRC bil 191 1,093 1,341 634 1,157
El Salvador SVC bil -4.62 -4.34 -4.34 -7.05 -7.60
Guatemala GTQ bil -58.8 -61.1 -50.7 -93.6 -123
Honduras HNL bil -119 -116 -93.3 -167 -214
Mexico MXN bil -514 -101 389 -515 -866
Nicaragua NIO bil -38.8 -18.6 -22.5 -67.0 -87.9
Panama PAB bil -0.967 < -0.001 2.19 2.08 1.94 ...
USA UYU bil -593 -577 -626 -860 -959