Nicaragua recorded a trade deficit of 161.18 USD Million in August of 2025. Balance of Trade in Nicaragua averaged -119.82 USD Million from 1992 until 2025, reaching an all time high of -0.90 USD Million in July of 2018 and a record low of -367.27 USD Million in October of 2023. source: Consejo Monetario Centroamericanono

Related	Last	Previous	Unit	Reference
Balance of Trade	-161.18	-97.21	USD Million	Aug 2025
Current Account to GDP	4.20	8.20	percent of GDP	Dec 2024
Exports	764.16	882.51	USD Million	Aug 2025
Imports	925.33	979.72	USD Million	Aug 2025

Nicaragua Balance of Trade

Nicaragua foreign trade got a boost after the signing of the trade agreement with the United States in 2006. As a result, Nicaragua's main trade partner is now the United States (53 percent of total exports and 27 percent of total imports). Others include Mexico (13 percent of exports and 9 percent of imports) and Honduras (7 percent of exports and 9 percent of imports). Nicaragua exports mostly clothes, tobacco, spices and coffee. Major imports are oil, wheat, grains and intermediate goods.