Key Market Indicators
Nicaraguan copper exports are expected to reach around $17.5 million by 2026, up from $15 million in 2021. This represents an average annual growth rate of 2.6%. Since 1998, Nicaraguan copper exports have grown by an average of 8.2% each year. In 2021, Nicaragua ranked 84th in terms of exports, behind Cyprus which exported $15 million. Germany, the United States, and Japan ranked second, third, and fourth respectively. Nicaraguan copper imports are expected to reach $59 million by 2026, up from $45.3 million in 2021. This represents an average annual growth rate of 4.4%. Since 1998, Nicaraguans have increased their copper imports by an average of 7.5% each year. In 2021, Nicaragua ranked 76th in terms of imports, behind Bahrain which imported $45.3 million. Germany, the United States, and Italy ranked second, third, and fourth respectively.
