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LatinNews Daily - 02 March 2026

In brief: Nicaragua’s trade deficit shrinks

*Nicaragua’s central bank (BCN) has released new figures showing that the country’s total exports in 2025 reached US$8.91bn, up 15.4% on 2024. Meanwhile total imports reached US$11.40bn, up 7.5% on 2024. This leaves a trade deficit of US$2.49bn, down 13.8% on 2024. According to the BCN, exports were driven by agriculture which totalled US$1.29bn last year, up 46.1% on 2024 due to an increase in volume and prices of coffee; mining, which totalled US$2.01bn, up 44.4% on 2024; and fishing and aquiculture which totalled US$186.4m, up 6.7%. The country’s main export markets are the US, which accounted for 38.0% of total export value last year, followed by Canada (17.4%), El Salvador (9.4%), Mexico (4.9%), Belgium (3.8%), and Costa Rica (3.4%), among others. Exports to the US were up 24.8% last year while exports to Canada were up 73.7% year-on-year.

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