LatinNews Daily - 17 July 2025

*Nicaragua’s central bank (BCN) has released new figures showing goods exports in the first quarter of 2025 totalled US$1.86bn, up 8.2% on the same quarter in 2024. The rise was driven by agricultural exports (+30.9%), mining (+15.8%), and manufacturing (+1.8%), which offset the drop in exports of fishing and aquiculture (-4.0%). Meanwhile services exports totalled US$316.6m, down 5.3% on the same quarter in 2024 as a result of a 33.3% drop in revenue from non-resident tourists and a 9.6% fall in telecommunications services. The same figures showed imports of goods totalled US$2.54bn in the first quarter, up 5.1% on the first quarter in 2024 while imports of services totalled US$342.6m, up 16.3% on the same quarter in 2024. According to the BCN this leaves an overall trade deficit of US$708.5m in the first quarter of 2025, up 7.1% on the US$661.6m trade deficit registered in 2024.

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