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Nicaragua Trade Summary

2002

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 2002

Overall Exports and Imports for Nicaragua 2002

Exports and imports of Nicaragua in 2002 are below, along with number of countries and products

  • The total value of exports (FoB) was 559 million.
  • The total value of imports (CIF) was 1,788 million.
  • At the HS6 digit level, 1,481 products were exported to 81 countries and 3,727 products were imported from 129 countries.

Nicaragua top 5 Export and Import partners 2002

Top five countries to which Nicaragua exported in 2002 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 218 million, with a partner share of 39.10 percent.
  2. Nicaragua exports to El Salvador worth US$ 87 million, with a partner share of 15.51 percent.
  3. Nicaragua exports to Costa Rica worth US$ 48 million, with a partner share of 8.65 percent.
  4. Nicaragua exports to Honduras worth US$ 38 million, with a partner share of 6.88 percent.
  5. Nicaragua exports to Guatemala worth US$ 23 million, with a partner share of 4.16 percent.

Top five countries from which Nicaragua imported goods in 2002 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from United States worth US$ 482 million, with a partner share of 26.96 percent.
  2. Nicaragua imports from Venezuela worth US$ 198 million, with a partner share of 11.08 percent.
  3. Nicaragua imports from Costa Rica worth US$ 151 million, with a partner share of 8.44 percent.
  4. Nicaragua imports from Guatemala worth US$ 135 million, with a partner share of 7.57 percent.
  5. Nicaragua imports from Mexico worth US$ 113 million, with a partner share of 6.34 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 2002

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 73,584.39 (US$ Thousands).
  2. Nicaragua exported Frozen rock lobster and other sea crawfish , worth 44,258.58 (US$ Thousands).
  3. Nicaragua exported Frozen boneless bovine meat , worth 39,009.76 (US$ Thousands).
  4. Nicaragua exported Frozen shrimps and prawns , worth 36,323.02 (US$ Thousands).
  5. Nicaragua exported Gold in unwrought forms non-monetary , worth 35,047.51 (US$ Thousands).

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 142,674.57 (US$ Thousands).
  2. Nicaragua imported Petroleum oils, etc, (excl. crude); preparation , worth 111,162.82 (US$ Thousands).
  3. Nicaragua imported Other medicaments of mixed or unmixed products, , worth 79,913.26 (US$ Thousands).
  4. Nicaragua imported Durum wheat , worth 22,820.31 (US$ Thousands).
  5. Nicaragua imported Diesel powered trucks with a GVW not exceeding , worth 22,659.93 (US$ Thousands).

Exports and Imports of Product Groups 2002

Exports and imports of products by stages of processing in 2002 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2002

Tariffs imposed by Nicaragua in 2002 are below

  • The maximum rate of tariff in percentage on any product was 170 percent.
  • The simple average tariff across all products was 4.32 percent.
  • The trade weighted average tariff was 2.89 .
  • The total duty free imports in thousands of US dollars were 1,147,772.61 and duty free tariff line items share was 54.06 percent.

Development Indicators 2002

Key Development Indicators of Nicaragua in 2002 are below

  • Nicaragua GDP in current US dollar was 5,224 million.
  • GNI per capita, Atlas method (current US$) was 960.00 .
  • Nicaragua Trade balance: as % of GDP was -20.40.
  • Trade balance in current US$ was -1,066.00 million.
  • Trade as percentage of GDP was 58.09 .
  • Trade in services as percentage of GDP was 13.25 .

Trade Indicators 2002

Trade Indicators for Nicaragua in 2002 are below

  • Hirschman Herfindahl market concentration index was 0.42.
  • Index of export market penetration was 1.88.
  • World Growth in percentage was 3.38 and Nicaragua Country Growth was 0.95 .