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Nicaragua Trade Summary

2012

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 2012

Overall Exports and Imports for Nicaragua 2012

Exports and imports of Nicaragua in 2012 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,551 million.
  • The total value of imports (CIF) was 6,030 million.
  • At the HS6 digit level, 407 products were exported to 116 countries and 3,704 products were imported from 153 countries.

Nicaragua top 5 Export and Import partners 2012

Top five countries to which Nicaragua exported in 2012 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 2,100 million, with a partner share of 46.16 percent.
  2. Nicaragua exports to Mexico worth US$ 484 million, with a partner share of 10.64 percent.
  3. Nicaragua exports to Venezuela worth US$ 444 million, with a partner share of 9.76 percent.
  4. Nicaragua exports to Canada worth US$ 322 million, with a partner share of 7.07 percent.
  5. Nicaragua exports to El Salvador worth US$ 251 million, with a partner share of 5.51 percent.

Top five countries from which Nicaragua imported goods in 2012 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from United States worth US$ 1,088 million, with a partner share of 18.05 percent.
  2. Nicaragua imports from Venezuela worth US$ 807 million, with a partner share of 13.38 percent.
  3. Nicaragua imports from China worth US$ 579 million, with a partner share of 9.60 percent.
  4. Nicaragua imports from Curaçao worth US$ 552 million, with a partner share of 9.16 percent.
  5. Nicaragua imports from Costa Rica worth US$ 462 million, with a partner share of 7.67 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 2012

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 US$ 521,820.78 million.
  2. Nicaragua exported Co-axial cable and other co-axial electric cond , worth US$ 451,039.13 million.
  3. Nicaragua exported Gold in unwrought forms non-monetary , worth US$ 431,985.73 million.
  4. Nicaragua exported Frozen boneless bovine meat , worth US$ 365,101.87 million.
  5. Nicaragua exported Women's or girls' blouses, shirts, etc, of cott , worth US$ 300,191.10 million.

The top five imported HS 6 digit level products from world by Nicaragua along with trade value are

  1. Nicaragua imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 960,357.63 million.
  2. Nicaragua imported Petroleum oils and oils obtained from bituminou , worth US$ 440,510.15 million.
  3. Nicaragua imported Other medicaments of mixed or unmixed products, , worth US$ 232,089.90 million.
  4. Nicaragua imported Diesel powered trucks with a GVW not exceeding , worth US$ 84,074.15 million.
  5. Nicaragua imported Electric generating sets, nes , worth US$ 62,720.47 million.

Exports and Imports of Product Groups 2012

Exports and imports of products by stages of processing in 2012 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2012

Tariffs imposed by Nicaragua in 2012 are below

  • The maximum rate of tariff in percentage on any product was 164 percent.
  • The simple average tariff across all products was 4.30 percent.
  • The trade weighted average tariff was 2.87 .
  • The total duty free imports in thousands of US dollars were 3,123,083.76 and duty free tariff line items share was 54.66 percent.

Development Indicators 2012

Key Development Indicators of Nicaragua in 2012 are below

  • Nicaragua GDP in current US dollar was 10,532 million.
  • GNI per capita, Atlas method (current US$) was 1,660.00 .
  • Nicaragua Trade balance: as % of GDP was -20.24.
  • Trade balance in current US$ was -2,132.00 million.
  • Trade as percentage of GDP was 115.18 .
  • Trade in services as percentage of GDP was 18.98 .

Trade Indicators 2012

Trade Indicators for Nicaragua in 2012 are below

  • Hirschman Herfindahl market concentration index was 0.30.
  • Index of export market penetration was 2.23.
  • World Growth in percentage was -0.02 and Nicaragua Country Growth was 0.94 .