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October 13, 2022
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The US recalls that it is Nicaragua’s main trading partner, highlights export figures

Exportaciones en Nicaragua. Foto: 19 Digital

The United States has established itself over the years as Nicaragua’s main trading partner, all this despite the policy of verbal attacks and diplomatic outbursts that the Ortega-Murillo regime has maintained since coming to power in 2007.

The Embassy of the United States in Managua released a graph of the exports and imports of the North American country with Nicaragua, it highlights the high volume of shipments to that nation that exceeds the purchases that the Daniel Ortega regime makes to Washington.

Between January and July 2022, Nicaragua registered exports of around 3.2 billion dollars, while imports stood at 1.5 billion dollars. These figures reflect a surplus of 1.7 billion dollars favorable to Managua.

Related news: Nicaragua increases exports to the US in the first months of 2022. China and Russia, with tiny purchases

“The United States remains Nicaragua’s largest trading partner with almost $5 billion in bilateral trade between January and July 2022 alone. The #USA represents more than 60% of Nicaragua’s exports and 35% of its imports,” highlights the publication on the Twitter account of the diplomatic delegation of the government of Joe Biden.

The graph from the US embassy makes a comparison with Managua’s exports to that country, the European Union and China, the latter being Ortega’s most recent commercial partner and the one with the fewest shipments. Managua has a deficit of 420 million dollars with the Asian giant, selling only 30 million dollars between January and July of this year.

In 2020, Nicaragua registered a trade surplus with the United States of 2,139 million dollars or 17% of the Gross Domestic Product (GDP). “Nicaragua sells more than it buys from the US, creating jobs and economic growth for Nicaragua,” the US embassy in Managua highlighted in its social network account in recent months.



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