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Nicaragua Trade Summary

2008

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 2008

Overall Exports and Imports for Nicaragua 2008

Exports and imports of Nicaragua in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,538 million.
  • The total value of imports (CIF) was 4,744 million.
  • At the HS6 digit level, 1,950 products were exported to 105 countries and 3,670 products were imported from 153 countries.

Nicaragua top 5 Export and Import partners 2008

Top five countries to which Nicaragua exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 1,028 million, with a partner share of 40.53 percent.
  2. Nicaragua exports to Unspecified worth US$ 387 million, with a partner share of 15.27 percent.
  3. Nicaragua exports to El Salvador worth US$ 195 million, with a partner share of 7.68 percent.
  4. Nicaragua exports to Mexico worth US$ 187 million, with a partner share of 7.35 percent.
  5. Nicaragua exports to Honduras worth US$ 120 million, with a partner share of 4.74 percent.

Top five countries from which Nicaragua imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from Unspecified worth US$ 836 million, with a partner share of 17.61 percent.
  2. Nicaragua imports from United States worth US$ 811 million, with a partner share of 17.09 percent.
  3. Nicaragua imports from Venezuela worth US$ 451 million, with a partner share of 9.50 percent.
  4. Nicaragua imports from Mexico worth US$ 386 million, with a partner share of 8.14 percent.
  5. Nicaragua imports from Costa Rica worth US$ 322 million, with a partner share of 6.79 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 2008

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 268,457.70 (US$ Thousands).
  2. Nicaragua exported Ignition wiring sets&oth wiring sets of a kind , worth 134,391.66 (US$ Thousands).
  3. Nicaragua exported Frozen boneless bovine meat , worth 98,393.59 (US$ Thousands).
  4. Nicaragua exported Women's or girls' blouses, shirts, etc, of cott , worth 96,828.24 (US$ Thousands).
  5. Nicaragua exported Shelled ground-nuts, not roasted or otherwise c , worth 90,057.74 (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 446,800.48 (US$ Thousands).
  2. Nicaragua imported Petroleum oils, etc, (excl. crude); preparation , worth 412,564.49 (US$ Thousands).
  3. Nicaragua imported Other medicaments of mixed or unmixed products, , worth 191,497.93 (US$ Thousands).
  4. Nicaragua imported Rice in the husk (paddy or rough) , worth 63,366.64 (US$ Thousands).
  5. Nicaragua imported Transmission apparatus, for radioteleph incorpo , worth 57,023.07 (US$ Thousands).

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Nicaragua in 2008 are below

  • The maximum rate of tariff in percentage on any product was 164 percent.
  • The simple average tariff across all products was 5.58 percent.
  • The trade weighted average tariff was 4.40 .
  • The total duty free imports in thousands of US dollars were 1,957,205.73 and duty free tariff line items share was 47.20 percent.

Development Indicators 2008

Key Development Indicators of Nicaragua in 2008 are below

  • Nicaragua GDP in current US dollar was 8,497 million.
  • GNI per capita, Atlas method (current US$) was 1,390.00 .
  • Nicaragua Trade balance: as % of GDP was -27.85.
  • Trade balance in current US$ was -2,367.00 million.
  • Trade as percentage of GDP was 96.79 .
  • Trade in services as percentage of GDP was 18.32 .

Trade Indicators 2008

Trade Indicators for Nicaragua in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.40.
  • Index of export market penetration was 2.05.
  • World Growth in percentage was -59.29 and Nicaragua Country Growth was -18.39 .