TL;DR
- Nicaragua's merchandise exports increased by 13.2% in the first half of 2025, totaling $3.98 billion.
- Gold remains the top export, with prices rising significantly and a shift in destination markets towards Canada.
- Coffee exports saw a price increase but faced production declines and competition, impacting revenue.
- Beef and other agricultural products show sustained growth, benefiting from regional demand and technical improvements.
- Manufacturing and fishing sectors are experiencing stagnation or decline, indicating a need for innovation.
- The United States remains the largest market, but its share has decreased, with Canada and El Salvador gaining importance.
- Diversifying export markets is crucial to mitigate risks, though Nicaragua still faces a trade deficit.