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Nicaragua Trade Summary

2006

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 2006

Overall Exports and Imports for Nicaragua 2006

Exports and imports of Nicaragua in 2006 are below, along with number of countries and products

  • The total value of exports (FoB) was 759 million.
  • The total value of imports (CIF) was 2,741 million.
  • At the HS6 digit level, 1,622 products were exported to 91 countries and 3,796 products were imported from 144 countries.

Nicaragua top 5 Export and Import partners 2006

Top five countries to which Nicaragua exported in 2006 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 353 million, with a partner share of 46.53 percent.
  2. Nicaragua exports to Mexico worth US$ 47 million, with a partner share of 6.19 percent.
  3. Nicaragua exports to Canada worth US$ 45 million, with a partner share of 5.95 percent.
  4. Nicaragua exports to Spain worth US$ 34 million, with a partner share of 4.54 percent.
  5. Nicaragua exports to Honduras worth US$ 34 million, with a partner share of 4.44 percent.

Top five countries from which Nicaragua imported goods in 2006 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from United States worth US$ 625 million, with a partner share of 22.80 percent.
  2. Nicaragua imports from Mexico worth US$ 407 million, with a partner share of 14.85 percent.
  3. Nicaragua imports from China worth US$ 209 million, with a partner share of 7.62 percent.
  4. Nicaragua imports from Venezuela worth US$ 186 million, with a partner share of 6.79 percent.
  5. Nicaragua imports from Costa Rica worth US$ 148 million, with a partner share of 5.39 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 2006

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 200,738.54 (US$ Thousands).
  2. Nicaragua exported Gold in unwrought forms non-monetary , worth 58,303.16 (US$ Thousands).
  3. Nicaragua exported Frozen boneless bovine meat , worth 53,190.96 (US$ Thousands).
  4. Nicaragua exported Raw cane sugar, in solid form , worth 49,715.01 (US$ Thousands).
  5. Nicaragua exported Frozen shrimps and prawns , worth 45,247.05 (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 362,305.03 (US$ Thousands).
  2. Nicaragua imported Petroleum oils, etc, (excl. crude); preparation , worth 295,813.33 (US$ Thousands).
  3. Nicaragua imported Other medicaments of mixed or unmixed products, , worth 118,561.71 (US$ Thousands).
  4. Nicaragua imported Urea , worth 74,456.65 (US$ Thousands).
  5. Nicaragua imported Transmission apparatus, for radioteleph incorpo , worth 67,581.09 (US$ Thousands).

Exports and Imports of Product Groups 2006

Exports and imports of products by stages of processing in 2006 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2006

Tariffs imposed by Nicaragua in 2006 are below

  • The maximum rate of tariff in percentage on any product was 170 percent.
  • The simple average tariff across all products was 5.73 percent.
  • The trade weighted average tariff was 4.13 .
  • The total duty free imports in thousands of US dollars were 1,384,648.10 and duty free tariff line items share was 46.96 percent.

Development Indicators 2006

Key Development Indicators of Nicaragua in 2006 are below

  • Nicaragua GDP in current US dollar was 6,763 million.
  • GNI per capita, Atlas method (current US$) was 1,200.00 .
  • Nicaragua Trade balance: as % of GDP was -24.78.
  • Trade balance in current US$ was -1,676.00 million.
  • Trade as percentage of GDP was 87.31 .
  • Trade in services as percentage of GDP was 15.57 .

Trade Indicators 2006

Trade Indicators for Nicaragua in 2006 are below

  • Hirschman Herfindahl market concentration index was 0.50.
  • Index of export market penetration was 2.03.
  • World Growth in percentage was 7.66 and Nicaragua Country Growth was 6.95 .