Soya beans — Terms of trade in Nicaragua
Nicaragua: Soya beans — Terms of trade was 70.2 % in 2023. ◆ Volatile
Soya beans — Terms of trade in Nicaragua, 2010–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2023, soya beans — terms of trade in Nicaragua stood at 70.2 %.
Compared with earlier readings it is down 41.6% on the previous year and up 111.6% over ten years.
Over the whole period, soya beans — terms of trade in Nicaragua peaked at 567.04 % in 2019 and was at its lowest, 33.17 %, in 2012.
That places Nicaragua 60th out of 74 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Soya beans — Terms of trade in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 83.19 % | — |
| 2011 | 113.92 % | +36.9% |
| 2012 | 33.17 % | -70.9% |
| 2014 | 52.54 % | +58.4% |
| 2015 | 256.9 % | +389.0% |
| 2016 | 144.1 % | -43.9% |
| 2017 | 119.13 % | -17.3% |
| 2018 | 254.28 % | +113.4% |
| 2019 | 567.04 % | +123.0% |
| 2020 | 220.77 % | -61.1% |
| 2021 | 45.03 % | -79.6% |
| 2022 | 120.21 % | +167.0% |
| 2023 | 70.2 % | -41.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 180.47 % | 33.17 % | 567.04 % | 9 |
| 2020s | 114.05 % | 45.03 % | 220.77 % | 4 |
Countries ranked near Nicaragua
- 57 Paraguay 79.07 % compare
- 58 Indonesia 76.7 % compare
- 59 South Africa 71.43 % compare
- 61 Mexico 69 % compare
- 62 North Macedonia 62.08 % compare
- 63 Trinidad and Tobago 56.83 % compare
More agriculture & rural data for Nicaragua
- Agriculture, forestry, and fishing, value added (current US$), annual 12.55 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1448 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 459.4 current US$ per person (2025)
- Rural population, annual growth rate 0.8714 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.4056 units per person (2025)
- Agriculture share gdp 14.48 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 14.48 (2025)
- Agricultural raw materials exports 0.6% (2024)
- Agricultural raw materials imports 1.3% (2024)
Frequently asked questions
- What is soya beans — terms of trade in Nicaragua?
- Soya beans — terms of trade in Nicaragua was 70.2 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest soya beans — terms of trade recorded in Nicaragua?
- The highest recorded value was 567.04 % in 2019.
- What is the lowest soya beans — terms of trade recorded in Nicaragua?
- The lowest recorded value was 33.17 % in 2012.
- How does Nicaragua rank for soya beans — terms of trade?
- Nicaragua ranks 60th out of 74 countries with data for 2023.
- Is soya beans — terms of trade rising or falling in Nicaragua?
- Over the last ten years it is up 111.6%. 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 Soya beans — Terms of trade. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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