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Nicaragua Trade Summary

2011

Nicaragua exports, imports, tariff by year.
Nicaragua monthly trade data
Nicaragua quarterly trade data

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 2011

Overall Exports and Imports for Nicaragua 2011

Exports and imports of Nicaragua in 2011 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,281 million.
  • The total value of imports (CIF) was 5,047 million.
  • At the HS6 digit level, 1,933 products were exported to 104 countries and 3,674 products were imported from 164 countries.

Nicaragua top 5 Export and Import partners 2011

Top five countries to which Nicaragua exported in 2011 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 694 million, with a partner share of 30.43 percent.
  2. Nicaragua exports to Venezuela worth US$ 303 million, with a partner share of 13.27 percent.
  3. Nicaragua exports to Canada worth US$ 273 million, with a partner share of 11.98 percent.
  4. Nicaragua exports to El Salvador worth US$ 199 million, with a partner share of 8.72 percent.
  5. Nicaragua exports to Costa Rica worth US$ 117 million, with a partner share of 5.15 percent.

Top five countries from which Nicaragua imported goods in 2011 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from United States worth US$ 949 million, with a partner share of 18.81 percent.
  2. Nicaragua imports from Venezuela worth US$ 794 million, with a partner share of 15.74 percent.
  3. Nicaragua imports from China worth US$ 465 million, with a partner share of 9.22 percent.
  4. Nicaragua imports from Costa Rica worth US$ 433 million, with a partner share of 8.57 percent.
  5. Nicaragua imports from Mexico worth US$ 406 million, with a partner share of 8.05 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 2011

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 429,298.69 (US$ Thousands).
  2. Nicaragua exported Gold in unwrought forms non-monetary , worth 364,127.30 (US$ Thousands).
  3. Nicaragua exported Frozen boneless bovine meat , worth 318,183.62 (US$ Thousands).
  4. Nicaragua exported Raw cane sugar, in solid form , worth 109,700.70 (US$ Thousands).
  5. Nicaragua exported Fresh or chilled boneless bovine meat , worth 101,094.11 (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 617,492.25 (US$ Thousands).
  2. Nicaragua imported Petroleum oils, etc, (excl. crude); preparation , worth 421,278.90 (US$ Thousands).
  3. Nicaragua imported Other medicaments of mixed or unmixed products, , worth 229,354.67 (US$ Thousands).
  4. Nicaragua imported Crude soya-bean oil , worth 62,591.60 (US$ Thousands).
  5. Nicaragua imported Diesel powered trucks with a GVW not exceeding , worth 58,709.03 (US$ Thousands).

Exports and Imports of Product Groups 2011

Exports and imports of products by stages of processing in 2011 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2011

Tariffs imposed by Nicaragua in 2011 are below

  • The maximum rate of tariff in percentage on any product was 164 percent.
  • The simple average tariff across all products was 4.39 percent.
  • The trade weighted average tariff was 2.88 .
  • The total duty free imports in thousands of US dollars were 2,889,777.75 and duty free tariff line items share was 54.38 percent.

Development Indicators 2011

Key Development Indicators of Nicaragua in 2011 are below

  • Nicaragua GDP in current US dollar was 9,774 million.
  • GNI per capita, Atlas method (current US$) was 1,560.00 .
  • Nicaragua Trade balance: as % of GDP was -21.79.
  • Trade balance in current US$ was -2,130.00 million.
  • Trade as percentage of GDP was 111.83 .
  • Trade in services as percentage of GDP was 18.87 .

Trade Indicators 2011

Trade Indicators for Nicaragua in 2011 are below

  • Hirschman Herfindahl market concentration index was 0.30.
  • Index of export market penetration was 2.11.
  • World Growth in percentage was 9.23 and Nicaragua Country Growth was 22.37 .