Loading..

Nicaragua Trade Summary

2014

Nicaragua exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2014

Overall Exports and Imports for Nicaragua 2014

Exports and imports of Nicaragua in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,974 million.
  • The total value of imports (CIF) was 5,746 million.
  • At the HS6 digit level, 2,044 products were exported to 117 countries and 3,719 products were imported from 164 countries.

Nicaragua top 5 Export and Import partners 2014

Top five countries to which Nicaragua exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 2,406 million, with a partner share of 48.37 percent.
  2. Nicaragua exports to Mexico worth US$ 617 million, with a partner share of 12.41 percent.
  3. Nicaragua exports to Venezuela worth US$ 390 million, with a partner share of 7.84 percent.
  4. Nicaragua exports to Canada worth US$ 250 million, with a partner share of 5.03 percent.
  5. Nicaragua exports to El Salvador worth US$ 228 million, with a partner share of 4.59 percent.

Top five countries from which Nicaragua imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from United States worth US$ 936 million, with a partner share of 16.28 percent.
  2. Nicaragua imports from China worth US$ 858 million, with a partner share of 14.93 percent.
  3. Nicaragua imports from Mexico worth US$ 546 million, with a partner share of 9.50 percent.
  4. Nicaragua imports from Costa Rica worth US$ 465 million, with a partner share of 8.08 percent.
  5. Nicaragua imports from Venezuela worth US$ 456 million, with a partner share of 7.94 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 2014

The top five exported HS 6 digit level products to world by Nicaragua along with trade value are:

  1. Nicaragua exported Ignition wiring sets&oth wiring sets of a kind , worth 561,623.41 (US$ Thousands).
  2. Nicaragua exported Coffee, not roasted or decaffeinated , worth 395,555.70 (US$ Thousands).
  3. Nicaragua exported Gold in unwrought forms non-monetary , worth 387,040.34 (US$ Thousands).
  4. Nicaragua exported Frozen boneless bovine meat , worth 328,428.64 (US$ Thousands).
  5. Nicaragua exported Women's or girls' blouses, shirts, etc, of cott , worth 262,190.54 (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 508,070.78 (US$ Thousands).
  2. Nicaragua imported Petroleum oils, etc, (excl. crude); preparation , worth 429,770.67 (US$ Thousands).
  3. Nicaragua imported Other medicaments of mixed or unmixed products, , worth 244,164.40 (US$ Thousands).
  4. Nicaragua imported Diesel powered trucks with a GVW not exceeding , worth 96,004.94 (US$ Thousands).
  5. Nicaragua imported Telegraphic apparatus, nes , worth 74,998.04 (US$ Thousands).

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Nicaragua in 2014 are below

  • The maximum rate of tariff in percentage on any product was 164 percent.
  • The simple average tariff across all products was 3.86 percent.
  • The trade weighted average tariff was 1.95 .
  • The total duty free imports in thousands of US dollars were 4,294,096.07 and duty free tariff line items share was 60.99 percent.

Development Indicators 2014

Key Development Indicators of Nicaragua in 2014 are below

  • Nicaragua GDP in current US dollar was 11,880 million.
  • GNI per capita, Atlas method (current US$) was 1,810.00 .
  • Nicaragua Trade balance: as % of GDP was -16.68.
  • Trade balance in current US$ was -1,982.00 million.
  • Trade as percentage of GDP was 106.70 .
  • Trade in services as percentage of GDP was 18.52 .

Trade Indicators 2014

Trade Indicators for Nicaragua in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.36.
  • Index of export market penetration was 2.29.
  • World Growth in percentage was 0.08 and Nicaragua Country Growth was -0.98 .