Sorghum — Terms of trade in Nicaragua

Nicaragua: Sorghum — Terms of trade was 297.87 % in 2023. ◆ Volatile

Latest (2023)
297.87 %
Change on year
up 307.1%
World rank
13th
of 52 countries
All-time high
1,081 %
in 2021
All-time low
50.74 %
in 2015
Years of data
14
2010–2023

Sorghum — Terms of trade in Nicaragua, 2010–2023

02505007501.0k2010201620232010: 308.5 %2011: 97.3 %2012: 74.2 %2013: 732.6 %2014: 196.2 %2015: 50.7 %2016: 59.2 %2017: 103.5 %2018: 323.9 %2019: 247 %2020: 61.3 %2021: 1.1k %2022: 73.2 %2023: 297.9 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Nicaragua recorded 297.87 % for sorghum — terms of trade in 2023.

Compared with earlier readings it is up 307.1% on the previous year and down 59.3% over ten years.

Over the whole period, sorghum — terms of trade in Nicaragua peaked at 1,081 % in 2021 and was at its lowest, 50.74 %, in 2015.

Nicaragua ranks 13th of 52 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Sorghum — Terms of trade in Nicaragua, year by year

Annual values for Sorghum — Terms of trade in Nicaragua, 2010 to 2023.
Year % Change
2010 308.54 %
2011 97.35 % -68.4%
2012 74.24 % -23.7%
2013 732.65 % +886.9%
2014 196.15 % -73.2%
2015 50.74 % -74.1%
2016 59.16 % +16.6%
2017 103.46 % +74.9%
2018 323.89 % +213.1%
2019 247 % -23.7%
2020 61.29 % -75.2%
2021 1,081 % +1664.2%
2022 73.16 % -93.2%
2023 297.87 % +307.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 219.32 % 50.74 % 732.65 % 10
2020s 378.4 % 61.29 % 1,081 % 4

Countries ranked near Nicaragua

  1. 10 Romania 341.52 % compare
  2. 11 Austria 311.65 % compare
  3. 12 Argentina 311.19 % compare
  4. 14 New Zealand 297.83 % compare
  5. 15 Russian Federation 214.63 % compare
  6. 16 Rwanda 209.14 % compare

See the full ranking of 57 places →

More agriculture & rural data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is sorghum — terms of trade in Nicaragua?
Sorghum — terms of trade in Nicaragua was 297.87 % in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest sorghum — terms of trade recorded in Nicaragua?
The highest recorded value was 1,081 % in 2021.
What is the lowest sorghum — terms of trade recorded in Nicaragua?
The lowest recorded value was 50.74 % in 2015.
How does Nicaragua rank for sorghum — terms of trade?
Nicaragua ranks 13th out of 52 countries with data for 2023.
Is sorghum — terms of trade rising or falling in Nicaragua?
Over the last ten years it is down 59.3%. The long-run trend across the full record is volatile.
Where does this Nicaragua data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Sorghum — Terms of trade. Statizoid updates them automatically from the source API.

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Sorghum — Terms of trade in Nicaragua. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 29 August 2026, from https://agriculture.statizoid.com/stat/sorghum-terms-of-trade/nicaragua/

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About this data

Indicator
Sorghum — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
57 places, 742 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK