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Nicaragua Trade Summary

1997

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 1997

Overall Exports and Imports for Nicaragua 1997

Exports and imports of Nicaragua in 1997 are below, along with number of countries and products

  • The total value of exports (FoB) was 667 million.
  • The total value of imports (CIF) was 1,470 million.
  • At the HS6 digit level, 1,040 products were exported to 69 countries and 3,813 products were imported from 90 countries.

Nicaragua top 5 Export and Import partners 1997

Top five countries to which Nicaragua exported in 1997 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 305 million, with a partner share of 45.81 percent.
  2. Nicaragua exports to Germany worth US$ 61 million, with a partner share of 9.08 percent.
  3. Nicaragua exports to Spain worth US$ 60 million, with a partner share of 9.01 percent.
  4. Nicaragua exports to El Salvador worth US$ 57 million, with a partner share of 8.51 percent.
  5. Nicaragua exports to Honduras worth US$ 28 million, with a partner share of 4.27 percent.

Top five countries from which Nicaragua imported goods in 1997 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from United States worth US$ 549 million, with a partner share of 37.36 percent.
  2. Nicaragua imports from Costa Rica worth US$ 120 million, with a partner share of 8.17 percent.
  3. Nicaragua imports from Panama worth US$ 98 million, with a partner share of 6.65 percent.
  4. Nicaragua imports from Guatemala worth US$ 97 million, with a partner share of 6.63 percent.
  5. Nicaragua imports from Mexico worth US$ 83 million, with a partner share of 5.65 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 1997

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$ 123,512.65 million.
  2. Nicaragua exported Raw cane sugar, in solid form , worth US$ 53,171.37 million.
  3. Nicaragua exported Frozen shrimps and prawns , worth US$ 36,171.10 million.
  4. Nicaragua exported Cigars, cheroots and cigarillos containing toba , worth US$ 31,019.64 million.
  5. Nicaragua exported Typewriter or similar ribbons, prepared for giv , worth US$ 27,742.62 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$ 117,245.48 million.
  2. Nicaragua imported Other medicaments of mixed or unmixed products, , worth US$ 49,552.60 million.
  3. Nicaragua imported Other ink, whether or not concentrated or solid , worth US$ 40,778.15 million.
  4. Nicaragua imported Diesel powered trucks with a GVW not exceeding , worth US$ 34,504.92 million.
  5. Nicaragua imported Semi-milled or wholly milled rice , worth US$ 29,138.10 million.

Exports and Imports of Product Groups 1997

Exports and imports of products by stages of processing in 1997 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1997

Tariffs imposed by Nicaragua in 1997 are below

  • The maximum rate of tariff in percentage on any product was 200 percent.
  • The simple average tariff across all products was 6.63 percent.
  • The trade weighted average tariff was 5.94 .
  • The total duty free imports in thousands of US dollars were 686,566.90 and duty free tariff line items share was 41.22 percent.

Development Indicators 1997

Key Development Indicators of Nicaragua in 1997 are below

  • Nicaragua GDP in current US dollar was 4,390 million.
  • GNI per capita, Atlas method (current US$) was 880.00 .
  • Nicaragua Trade balance: as % of GDP was -19.17.
  • Trade balance in current US$ was -841.00 million.
  • Trade as percentage of GDP was 58.01 .
  • Trade in services as percentage of GDP was 10.41 .

Trade Indicators 1997

Trade Indicators for Nicaragua in 1997 are below

  • Hirschman Herfindahl market concentration index was 0.32.
  • Index of export market penetration was 1.84.
  • World Growth in percentage was 3.05 and Nicaragua Country Growth was 11.13 .