Key Market Indicators
In 2021, the country came in number 94 in the ranking of the world's largest pasta exporters. Nicaraguan imports of pasta are set to reach $8.1 million by 2026, up from $7.3 million in 2021. This is a year-on-year growth rate of 1.7%. Since 1998, the country's demand for pasta has increased by 0.8% each year. In 2021, Nicaragua was the 93rd largest importer of pasta, behind Iceland with $7.3 million. Germany, France, and the United Kingdom were the second, third, and fourth-biggest importers, respectively. Nicaraguan pasta exports totaled $392 million in 2018, up from $81 million in 2017, representing a 384% increase year on year. In 2021, the country was the 94th largest pasta exporter in the world.