Beans Prices in Nicaragua
| Variety | Market level | Price (US$/kg) | Local (NIO) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Farmgate | 1.25 | 45.62 | ▲ 30.9% | ▲ 30.9% | FAOSTAT Producer Prices |
| - | Global benchmark | 0.47 | 17.33 | ▲ 2.5% | ▲ 14.5% | World Bank Pink Sheet |
As of June 2026, the beans price in Nicaragua available is US$ 1.25 per kg (45.62 NIO), up 30.9% year-on-year.
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Beans Price History & Trend
Monthly beans price, US$ per kg - the line grows each month as we record it. Source: FAOSTAT Producer Prices.
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Use this data freely with attribution to Selina Wamucii.
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Nicaragua beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 Nicaragua exported 85 tonnes of beans. Through 2019 alone, the demand for Nicaragua beans (pulses/legumes category) has improved, with a change of 88.889 percent compared to the year 2018. Between 2017 and 2019, beans' exports went up by 8400 percent earning the country US$0.11m for the year 2019. Nicaragua's beans exports are categorised as:
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
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Nicaragua beans export values
In 2019, Nicaragua exported beans valued at 0.11m USD, an improvement of 111.54% from 2018's total beans export of 0.052m USD. The annual change in value of Nicaragua beans between 2017 to 2018 was 5100 pc.
The per year variation in the amount of Nicaragua's beans exports between 2017 and 2019 was 8400 pc compared to a variation of 88.889% in the period between 2018 and 2019.
Export markets for Nicaragua beans ( in '000$ )
Nicaragua's best performing destinations for beans are Costa Rica, El Salvador, Honduras, Cuba and Spain.
Nicaragua procured 387 tonnes of beans in 2019.
Production
The production of beans in Nicaragua was 1,379,140 tonnes in 2019 and is forecast to change by an average of -0.1%. The country had approximately 1,606,255.00 hectares under beans cultivation.