Market research

Coconuts, Brazil nuts and cashews market in Nicaragua, 2026

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

In 2018 and 2019, production of coconuts, Brazil nuts and cashews in Nicaragua remained stable at 7 200 t, while market volume edged up from 6 292 t to 6 391 t. Coconut growers faced a lack of organization and technological training, dependence on imported mother plants from the United States, and pests and diseases linked to monoculture, which together limited production expansion.

Market volume fell sharply to 4 917 t in 2020 and further to 4 642 t in 2021 as production dropped to 6 000 t. The decline coincided with broader disruptions affecting the agricultural sector during those years.

Production rebounded to 8 400 t in 2022, pushing market volume to 7 042 t and then to 7 603 t in 2023. This recovery aligned with a broader push to diversify export crops, including coconuts, stimulated by international demand and general improvements in agricultural output.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Nicaragua
  1. 5.1.1. Annual dynamics of production in Nicaragua in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Nicaragua in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Nicaragua in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Nicaragua by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Nicaragua in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Nicaragua by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production coconuts, Brazil nuts and cashews in Nicaragua

In kind, 2017-2020, t

Top producers of coconuts, Brazil nuts and cashews, 2017-2020

Source: SHEV.io

World map of production of coconuts, Brazil nuts and cashews, 2017-2020

Source: SHEV.io

Nicaragua produced 6 000 tonnes of coconuts, Brazil nuts, and cashews in 2020, representing a significant decline of 16.7% from the previous year. Production peaked in 2018 at 7 200 tonnes, which also saw the largest annual increase of 20.0%.

Annual dynamics of production in Nicaragua in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	20.0%	-	(16.7%)	-

Source: SHEV.io

Exports coconuts, Brazil nuts and cashews from Nicaragua

Exports in kind, t

Nicaragua's exports of coconuts, Brazil nuts, and cashews rebounded in 2020 after two years of decline. Exports reached 1 113 tonnes, marking a 34.5% increase from 2019. Over the period from 2017 to 2020, exports grew by 18.9%, equivalent to an annualized rate of 5.9%. The lowest export volume was recorded in 2019 at 828 tonnes, which also experienced the largest decline of 10.3%.

Annual dynamics of product's exports from Nicaragua in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.4%)	(10.3%)	34.5%	5.9%

Source: SHEV.io

From 2017 to 2020, Italy and the United States were the two leading markets for Nicaragua's exports of coconuts, Brazil nuts, and cashews, together accounting for 85.1% of total export volume. The remaining exports were distributed across a variety of other countries.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Nicaragua in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Nicaragua's exports of coconuts, Brazil nuts, and cashews in value terms declined for the third consecutive year in 2020, totaling 309.8 thousand US dollars, an 8.2% decrease from 2019. Between 2017 and 2020, export value fell by 54%, with a compound annual growth rate of -22.8%.

Annual dynamics of product's exports from Nicaragua in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.8%)	(41.8%)	(8.2%)	(22.8%)

Source: SHEV.io

During 2017–2020, Italy and the United States dominated Nicaragua's exports of coconuts, Brazil nuts, and cashews in value terms, while other markets individually played a smaller role.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Nicaragua in value, 2017-2020

Source: SHEV.io

Imports coconuts, Brazil nuts and cashews to Nicaragua

Imports in kind, t

Nicaragua's imports of coconuts, Brazil nuts, and cashews increased for the second consecutive year in 2020, reaching 30 tonnes, a 62.4% rise from 2019. From 2017 to 2020, imports grew by 79.9%, equivalent to an annualized rate of 21.6%. The lowest import volume was in 2018 at 15 tonnes, which also saw the largest decline of 11.1%.

Annual dynamics of product's imports to Nicaragua in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(11.1%)	24.7%	62.4%	21.6%

Source: SHEV.io

From 2017 to 2020, Costa Rica, Brazil, and Honduras were consistently the main sources for Nicaragua's imports of coconuts, Brazil nuts, and cashews in volume terms, accounting for 38.2%, 19.2%, and 14.9% of imports, respectively. Together, these three countries represented 72.2% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Nicaragua in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Nicaragua's imports of coconuts, Brazil nuts, and cashews in value terms increased in 2020 after two years of decline, reaching 103.4 thousand US dollars, a 24.7% increase from 2019. Over the period 2017-2020, import value rose by 5.2%, with a compound annual growth rate of 1.7%. The lowest value was recorded in 2019 at 82.9 thousand US dollars, which also experienced the largest decline of 13.9%.

Annual dynamics of product's imports to Nicaragua in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.0%)	(13.9%)	24.7%	1.7%

Source: SHEV.io

From 2017 to 2020, Costa Rica, Honduras, and El Salvador were the primary markets for Nicaragua's imports of coconuts, Brazil nuts, and cashews in value terms, accounting for 36.0%, 29.1%, and 12.9% of imports, respectively. Together, these three countries made up 78.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Nicaragua in value, 2017-2020

Source: SHEV.io