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Nicaragua Natural Rubber Industry Outlook 2021

See how Nicaragua Natural Rubber performed compared to key markets such as Thailand, Indonesia and Ivory Coast.

Key Market Indicators

Nicaraguan exports of natural rubber fell 1.8% in 2021, to $1,790, from a year earlier. Since 2001, Nicaraguan exports have increased 347.3%. The country was ranked 81st in 2021, with Ukraine ahead at $1,790. Indonesia, Ivory Coast and Malaysia followed, at second, third and fourth place, respectively. In 2018, Nicaraguan imports of natural rubber hit $6,020, a decrease of 93.5% compared to 2017. Since 1998, Nicaraguan demand has decreased 56.6%. The country was ranked 127th in 2018, with Bermuda ahead at $6,020. The United States, Malaysia and Japan came in second, third and fourth, respectively.

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Nicaragua Natural Rubber Market Data and Forecasts