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Nicaragua Trade Summary

2004

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 2004

Overall Exports and Imports for Nicaragua 2004

Exports and imports of Nicaragua in 2004 are below, along with number of countries and products

  • The total value of exports (FoB) was 760 million.
  • The total value of imports (CIF) was 2,250 million.
  • At the HS6 digit level, 1,581 products were exported to 88 countries and 3,813 products were imported from 143 countries.

Nicaragua top 5 Export and Import partners 2004

Top five countries to which Nicaragua exported in 2004 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 293 million, with a partner share of 38.58 percent.
  2. Nicaragua exports to El Salvador worth US$ 110 million, with a partner share of 14.42 percent.
  3. Nicaragua exports to Honduras worth US$ 58 million, with a partner share of 7.64 percent.
  4. Nicaragua exports to Costa Rica worth US$ 51 million, with a partner share of 6.69 percent.
  5. Nicaragua exports to Mexico worth US$ 41 million, with a partner share of 5.36 percent.

Top five countries from which Nicaragua imported goods in 2004 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from United States worth US$ 499 million, with a partner share of 22.19 percent.
  2. Nicaragua imports from Venezuela worth US$ 276 million, with a partner share of 12.25 percent.
  3. Nicaragua imports from Costa Rica worth US$ 189 million, with a partner share of 8.41 percent.
  4. Nicaragua imports from Mexico worth US$ 165 million, with a partner share of 7.31 percent.
  5. Nicaragua imports from Guatemala worth US$ 152 million, with a partner share of 6.76 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 2004

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 126,550.64 (US$ Thousands).
  2. Nicaragua exported Gold in unwrought forms non-monetary , worth 48,033.82 (US$ Thousands).
  3. Nicaragua exported Fresh or chilled boneless bovine meat , worth 46,766.06 (US$ Thousands).
  4. Nicaragua exported Frozen boneless bovine meat , worth 45,419.57 (US$ Thousands).
  5. Nicaragua exported Frozen rock lobster and other sea crawfish , worth 44,376.23 (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 234,654.12 (US$ Thousands).
  2. Nicaragua imported Petroleum oils, etc, (excl. crude); preparation , worth 186,106.32 (US$ Thousands).
  3. Nicaragua imported Other medicaments of mixed or unmixed products, , worth 96,659.29 (US$ Thousands).
  4. Nicaragua imported Transmission apparatus, for radioteleph incorpo , worth 47,113.54 (US$ Thousands).
  5. Nicaragua imported Diesel powered trucks with a GVW not exceeding , worth 31,210.62 (US$ Thousands).

Exports and Imports of Product Groups 2004

Exports and imports of products by stages of processing in 2004 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2004

Tariffs imposed by Nicaragua in 2004 are below

  • The maximum rate of tariff in percentage on any product was 62 percent.
  • The simple average tariff across all products was 5.27 percent.
  • The trade weighted average tariff was 3.76 .
  • The total duty free imports in thousands of US dollars were 1,341,218.40 and duty free tariff line items share was 52.19 percent.

Development Indicators 2004

Key Development Indicators of Nicaragua in 2004 are below

  • Nicaragua GDP in current US dollar was 5,796 million.
  • GNI per capita, Atlas method (current US$) was 1,080.00 .
  • Nicaragua Trade balance: as % of GDP was -21.08.
  • Trade balance in current US$ was -1,221.00 million.
  • Trade as percentage of GDP was 67.20 .
  • Trade in services as percentage of GDP was 14.87 .

Trade Indicators 2004

Trade Indicators for Nicaragua in 2004 are below

  • Hirschman Herfindahl market concentration index was 0.45.
  • Index of export market penetration was 2.01.
  • World Growth in percentage was 10.40 and Nicaragua Country Growth was 11.72 .