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Nicaragua Trade Summary

1994

Nicaragua exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR NICARAGUA 1994

Overall Exports and Imports for Nicaragua 1994

Exports and imports of Nicaragua in 1994 are below, along with number of countries and products

  • The total value of exports (FoB) was 351 million.
  • The total value of imports (CIF) was 852 million.
  • At the HS6 digit level, 898 products were exported to 55 countries and 3,633 products were imported from 84 countries.

Nicaragua top 5 Export and Import partners 1994

Top five countries to which Nicaragua exported in 1994 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 150 million, with a partner share of 42.80 percent.
  2. Nicaragua exports to Germany worth US$ 44 million, with a partner share of 12.57 percent.
  3. Nicaragua exports to El Salvador worth US$ 37 million, with a partner share of 10.57 percent.
  4. Nicaragua exports to Costa Rica worth US$ 25 million, with a partner share of 7.26 percent.
  5. Nicaragua exports to Spain worth US$ 14 million, with a partner share of 3.87 percent.

Top five countries from which Nicaragua imported goods in 1994 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from United States worth US$ 215 million, with a partner share of 25.18 percent.
  2. Nicaragua imports from Venezuela worth US$ 102 million, with a partner share of 11.93 percent.
  3. Nicaragua imports from Guatemala worth US$ 69 million, with a partner share of 8.12 percent.
  4. Nicaragua imports from Costa Rica worth US$ 68 million, with a partner share of 8.00 percent.
  5. Nicaragua imports from Japan worth US$ 61 million, with a partner share of 7.15 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 1994

The top five exported HS 6 digit level products to world by Nicaragua along with trade value are:

  1. Nicaragua exported Coffee, not roasted or decaffeinated , worth US$ 76,104.77 million.
  2. Nicaragua exported Frozen boneless bovine meat , worth US$ 38,895.82 million.
  3. Nicaragua exported Fresh or chilled boneless bovine meat , worth US$ 21,750.90 million.
  4. Nicaragua exported Frozen rock lobster and other sea crawfish , worth US$ 20,207.02 million.
  5. Nicaragua exported Frozen shrimps and prawns , worth US$ 19,847.38 million.

The top five imported HS 6 digit level products from world by Nicaragua along with trade value are

  1. Nicaragua imported Petroleum oils and oils obtained from bituminou , worth US$ 85,375.20 million.
  2. Nicaragua imported Other medicaments of mixed or unmixed products, , worth US$ 31,351.84 million.
  3. Nicaragua imported Semi-milled or wholly milled rice , worth US$ 15,612.43 million.
  4. Nicaragua imported Urea , worth US$ 13,314.12 million.
  5. Nicaragua imported Apparatus, for carrier-current line systems, ne , worth US$ 11,439.66 million.

Exports and Imports of Product Groups 1994

Exports and imports of products by stages of processing in 1994 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1994

Tariffs imposed by Nicaragua in 1994 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 1994

Key Development Indicators of Nicaragua in 1994 are below

  • Nicaragua GDP in current US dollar was 3,863 million.
  • GNI per capita, Atlas method (current US$) was 440.00 .
  • Nicaragua Trade balance: as % of GDP was -12.80.
  • Trade balance in current US$ was -495.00 million.
  • Trade as percentage of GDP was 39.08 .
  • Trade in services as percentage of GDP was 7.74 .

Trade Indicators 1994

Trade Indicators for Nicaragua in 1994 are below

  • Hirschman Herfindahl market concentration index was 0.26.
  • Index of export market penetration was 1.77.
  • World Growth in percentage was 15.29 and Nicaragua Country Growth was 27.66 .