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Nicaragua Trade Summary

2001

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 2001

Overall Exports and Imports for Nicaragua 2001

Exports and imports of Nicaragua in 2001 are below, along with number of countries and products

  • The total value of exports (FoB) was 532 million.
  • The total value of imports (CIF) was 1,773 million.
  • At the HS6 digit level, 1,485 products were exported to 80 countries and 3,633 products were imported from 117 countries.

Nicaragua top 5 Export and Import partners 2001

Top five countries to which Nicaragua exported in 2001 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 156 million, with a partner share of 29.33 percent.
  2. Nicaragua exports to El Salvador worth US$ 76 million, with a partner share of 14.25 percent.
  3. Nicaragua exports to Russian Federation worth US$ 43 million, with a partner share of 8.00 percent.
  4. Nicaragua exports to Honduras worth US$ 39 million, with a partner share of 7.26 percent.
  5. Nicaragua exports to Costa Rica worth US$ 37 million, with a partner share of 6.88 percent.

Top five countries from which Nicaragua imported goods in 2001 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from United States worth US$ 477 million, with a partner share of 26.93 percent.
  2. Nicaragua imports from Costa Rica worth US$ 188 million, with a partner share of 10.61 percent.
  3. Nicaragua imports from Venezuela worth US$ 166 million, with a partner share of 9.35 percent.
  4. Nicaragua imports from Guatemala worth US$ 143 million, with a partner share of 8.06 percent.
  5. Nicaragua imports from Mexico worth US$ 137 million, with a partner share of 7.71 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 2001

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$ 98,549.26 million.
  2. Nicaragua exported Frozen boneless bovine meat , worth US$ 37,510.99 million.
  3. Nicaragua exported Cane or beet sugar, in solid form, nes , worth US$ 33,899.12 million.
  4. Nicaragua exported Shelled ground-nuts, not roasted or otherwise c , worth US$ 30,147.27 million.
  5. Nicaragua exported Gold in unwrought forms non-monetary , worth US$ 29,877.11 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$ 182,166.19 million.
  2. Nicaragua imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 107,158.75 million.
  3. Nicaragua imported Other medicaments of mixed or unmixed products, , worth US$ 90,524.25 million.
  4. Nicaragua imported Automobiles with reciprocating piston engine di , worth US$ 20,855.09 million.
  5. Nicaragua imported Other food preparations, nes , worth US$ 20,032.16 million.

Exports and Imports of Product Groups 2001

Exports and imports of products by stages of processing in 2001 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2001

Tariffs imposed by Nicaragua in 2001 are below

  • The maximum rate of tariff in percentage on any product was 170 percent.
  • The simple average tariff across all products was 4.26 percent.
  • The trade weighted average tariff was 3.12 .
  • The total duty free imports in thousands of US dollars were 1,134,412.53 and duty free tariff line items share was 53.74 percent.

Development Indicators 2001

Key Development Indicators of Nicaragua in 2001 are below

  • Nicaragua GDP in current US dollar was 5,323 million.
  • GNI per capita, Atlas method (current US$) was 960.00 .
  • Nicaragua Trade balance: as % of GDP was -19.90.
  • Trade balance in current US$ was -1,059.00 million.
  • Trade as percentage of GDP was 57.98 .
  • Trade in services as percentage of GDP was 13.06 .

Trade Indicators 2001

Trade Indicators for Nicaragua in 2001 are below

  • Hirschman Herfindahl market concentration index was 0.32.
  • Index of export market penetration was 1.82.
  • World Growth in percentage was -1.76 and Nicaragua Country Growth was 4.69 .