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Nicaragua Trade Summary

2007

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 2007

Overall Exports and Imports for Nicaragua 2007

Exports and imports of Nicaragua in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,195 million.
  • The total value of imports (CIF) was 3,538 million.
  • At the HS6 digit level, 1,820 products were exported to 109 countries and 3,684 products were imported from 157 countries.

Nicaragua top 5 Export and Import partners 2007

Top five countries to which Nicaragua exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 372 million, with a partner share of 31.15 percent.
  2. Nicaragua exports to El Salvador worth US$ 168 million, with a partner share of 14.09 percent.
  3. Nicaragua exports to Honduras worth US$ 111 million, with a partner share of 9.33 percent.
  4. Nicaragua exports to Costa Rica worth US$ 87 million, with a partner share of 7.27 percent.
  5. Nicaragua exports to Canada worth US$ 69 million, with a partner share of 5.81 percent.

Top five countries from which Nicaragua imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from United States worth US$ 815 million, with a partner share of 23.03 percent.
  2. Nicaragua imports from Mexico worth US$ 465 million, with a partner share of 13.13 percent.
  3. Nicaragua imports from Costa Rica worth US$ 304 million, with a partner share of 8.58 percent.
  4. Nicaragua imports from China worth US$ 280 million, with a partner share of 7.92 percent.
  5. Nicaragua imports from Guatemala worth US$ 217 million, with a partner share of 6.13 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 2007

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 188,301.04 (US$ Thousands).
  2. Nicaragua exported Fresh or chilled boneless bovine meat , worth 88,386.36 (US$ Thousands).
  3. Nicaragua exported Frozen boneless bovine meat , worth 72,539.86 (US$ Thousands).
  4. Nicaragua exported Raw cane sugar, in solid form , worth 72,533.44 (US$ Thousands).
  5. Nicaragua exported Gold in unwrought forms non-monetary , worth 64,564.29 (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 409,435.05 (US$ Thousands).
  2. Nicaragua imported Petroleum oils, etc, (excl. crude); preparation , worth 344,014.01 (US$ Thousands).
  3. Nicaragua imported Other medicaments of mixed or unmixed products, , worth 139,591.00 (US$ Thousands).
  4. Nicaragua imported Diesel powered trucks with a GVW not exceeding , worth 57,192.31 (US$ Thousands).
  5. Nicaragua imported Transmission apparatus, for radioteleph incorpo , worth 47,186.65 (US$ Thousands).

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Nicaragua in 2007 are below

  • The maximum rate of tariff in percentage on any product was 164 percent.
  • The simple average tariff across all products was 5.39 percent.
  • The trade weighted average tariff was 3.59 .
  • The total duty free imports in thousands of US dollars were 2,137,788.05 and duty free tariff line items share was 52 percent.

Development Indicators 2007

Key Development Indicators of Nicaragua in 2007 are below

  • Nicaragua GDP in current US dollar was 7,423 million.
  • GNI per capita, Atlas method (current US$) was 1,280.00 .
  • Nicaragua Trade balance: as % of GDP was -26.90.
  • Trade balance in current US$ was -1,997.00 million.
  • Trade as percentage of GDP was 93.03 .
  • Trade in services as percentage of GDP was 16.27 .

Trade Indicators 2007

Trade Indicators for Nicaragua in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.30.
  • Index of export market penetration was 2.08.
  • World Growth in percentage was 183.19 and Nicaragua Country Growth was 37.60 .