The Central Bank of Nicaragua published its Foreign Trade Report and Statistics for the second quarter of 2025, reporting that total exports (goods plus free-zone output) rose 17.0% year on year to USD 2,366.8 million while total imports increased 4.9% to USD 2,881.3 million (FOB). The quarterly trade deficit was USD 514.5 million, 28.9% lower than in the same period of 2024. Exports in the quarter comprised USD 1,475.1 million in goods (62.3% of the total) and USD 891.7 million in free-zone goods (37.7%). On a cumulative basis to June, total exports reached USD 4,441.1 million, up 12.5% versus 2024, driven by a 21.9% increase in goods exports (+USD 485.6 million) and a 0.5% increase in free-zone exports (+USD 8.2 million); within goods, agricultural exports rose 48.7% (+USD 268.5 million) supported mainly by higher international prices for coffee (+42.7%) and live cattle (+37.8%), alongside growth in mining exports (+31.5%, +USD 209.3 million) and fishing exports (+13.0%, +USD 9.2 million), partly offset by a 0.2% fall in manufacturing exports (-USD 1.4 million). Total imports in the first half of 2025 amounted to USD 8,588.7 million, up 5.1% year on year, reflecting growth in both merchandise imports (+5.0%) and free-zone imports (+5.4%), with merchandise increases concentrated in capital goods (+18.5%), consumer goods (+9.1%) and intermediate goods (+6.5%), while purchases of oil and derivatives fell 13.7%; the cumulative first-half trade deficit was USD 1,147.6 million (USD 1,372.0 million in the first half of 2024).