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Nicaragua Trade Summary

2005

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 2005

Overall Exports and Imports for Nicaragua 2005

Exports and imports of Nicaragua in 2005 are below, along with number of countries and products

  • The total value of exports (FoB) was 866 million.
  • The total value of imports (CIF) was 2,536 million.
  • At the HS6 digit level, 1,585 products were exported to 104 countries and 3,796 products were imported from 140 countries.

Nicaragua top 5 Export and Import partners 2005

Top five countries to which Nicaragua exported in 2005 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 307 million, with a partner share of 35.42 percent.
  2. Nicaragua exports to El Salvador worth US$ 123 million, with a partner share of 14.18 percent.
  3. Nicaragua exports to Honduras worth US$ 70 million, with a partner share of 8.05 percent.
  4. Nicaragua exports to Costa Rica worth US$ 54 million, with a partner share of 6.19 percent.
  5. Nicaragua exports to Guatemala worth US$ 45 million, with a partner share of 5.17 percent.

Top five countries from which Nicaragua imported goods in 2005 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from United States worth US$ 525 million, with a partner share of 20.72 percent.
  2. Nicaragua imports from Costa Rica worth US$ 235 million, with a partner share of 9.28 percent.
  3. Nicaragua imports from Mexico worth US$ 216 million, with a partner share of 8.51 percent.
  4. Nicaragua imports from Venezuela worth US$ 174 million, with a partner share of 6.85 percent.
  5. Nicaragua imports from Guatemala worth US$ 173 million, with a partner share of 6.82 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 2005

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 125,926.28 (US$ Thousands).
  2. Nicaragua exported Raw cane sugar, in solid form , worth 53,732.28 (US$ Thousands).
  3. Nicaragua exported Frozen shrimps and prawns , worth 52,082.61 (US$ Thousands).
  4. Nicaragua exported Frozen boneless bovine meat , worth 50,537.24 (US$ Thousands).
  5. Nicaragua exported Fresh or chilled boneless bovine meat , worth 49,489.57 (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 221,275.27 (US$ Thousands).
  2. Nicaragua imported Petroleum oils, etc, (excl. crude); preparation , worth 205,643.25 (US$ Thousands).
  3. Nicaragua imported Other medicaments of mixed or unmixed products, , worth 103,132.06 (US$ Thousands).
  4. Nicaragua imported Diesel powered trucks with a GVW not exceeding , worth 46,357.40 (US$ Thousands).
  5. Nicaragua imported Transmission apparatus, for radioteleph incorpo , worth 43,703.30 (US$ Thousands).

Exports and Imports of Product Groups 2005

Exports and imports of products by stages of processing in 2005 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2005

Tariffs imposed by Nicaragua in 2005 are below

  • The maximum rate of tariff in percentage on any product was 170 percent.
  • The simple average tariff across all products was 6.72 percent.
  • The trade weighted average tariff was 5.46 .
  • The total duty free imports in thousands of US dollars were 1,007,311.12 and duty free tariff line items share was 41.99 percent.

Development Indicators 2005

Key Development Indicators of Nicaragua in 2005 are below

  • Nicaragua GDP in current US dollar was 6,321 million.
  • GNI per capita, Atlas method (current US$) was 1,160.00 .
  • Nicaragua Trade balance: as % of GDP was -22.88.
  • Trade balance in current US$ was -1,446.00 million.
  • Trade as percentage of GDP was 71.65 .
  • Trade in services as percentage of GDP was 15.49 .

Trade Indicators 2005

Trade Indicators for Nicaragua in 2005 are below

  • Hirschman Herfindahl market concentration index was 0.40.
  • Index of export market penetration was 2.04.
  • World Growth in percentage was 6.13 and Nicaragua Country Growth was 12.63 .