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Nicaragua Trade Summary

2015

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 2015

Overall Exports and Imports for Nicaragua 2015

Exports and imports of Nicaragua in 2015 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,667 million.
  • The total value of imports (CIF) was 5,866 million.
  • At the HS6 digit level, 1,939 products were exported to 123 countries and 3,731 products were imported from 166 countries.

Nicaragua top 5 Export and Import partners 2015

Top five countries to which Nicaragua exported in 2015 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 2,507 million, with a partner share of 53.71 percent.
  2. Nicaragua exports to Mexico worth US$ 519 million, with a partner share of 11.12 percent.
  3. Nicaragua exports to Venezuela worth US$ 290 million, with a partner share of 6.22 percent.
  4. Nicaragua exports to El Salvador worth US$ 259 million, with a partner share of 5.56 percent.
  5. Nicaragua exports to Honduras worth US$ 174 million, with a partner share of 3.73 percent.

Top five countries from which Nicaragua imported goods in 2015 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from United States worth US$ 1,057 million, with a partner share of 18.01 percent.
  2. Nicaragua imports from China worth US$ 846 million, with a partner share of 14.41 percent.
  3. Nicaragua imports from Mexico worth US$ 610 million, with a partner share of 10.40 percent.
  4. Nicaragua imports from Costa Rica worth US$ 479 million, with a partner share of 8.17 percent.
  5. Nicaragua imports from Guatemala worth US$ 407 million, with a partner share of 6.95 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 2015

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 567,043.23 (US$ Thousands).
  2. Nicaragua exported Coffee, not roasted or decaffeinated , worth 392,362.60 (US$ Thousands).
  3. Nicaragua exported Gold in unwrought forms non-monetary , worth 313,745.04 (US$ Thousands).
  4. Nicaragua exported Frozen boneless bovine meat , worth 284,649.77 (US$ Thousands).
  5. Nicaragua exported T-shirts, singlets and other vests, of cotton, , worth 258,558.36 (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, etc, (excl. crude); preparation , worth 387,974.90 (US$ Thousands).
  2. Nicaragua imported Petroleum oils and oils obtained from bituminou , worth 300,750.61 (US$ Thousands).
  3. Nicaragua imported Other medicaments of mixed or unmixed products, , worth 251,785.22 (US$ Thousands).
  4. Nicaragua imported Diesel powered trucks with a GVW not exceeding , worth 126,656.51 (US$ Thousands).
  5. Nicaragua imported Other food preparations, nes , worth 73,793.00 (US$ Thousands).

Exports and Imports of Product Groups 2015

Exports and imports of products by stages of processing in 2015 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2015

Tariffs imposed by Nicaragua in 2015 are below

  • The maximum rate of tariff in percentage on any product was 164 percent.
  • The simple average tariff across all products was 3.79 percent.
  • The trade weighted average tariff was 1.93 .
  • The total duty free imports in thousands of US dollars were 4,439,467.88 and duty free tariff line items share was 60.77 percent.

Development Indicators 2015

Key Development Indicators of Nicaragua in 2015 are below

  • Nicaragua GDP in current US dollar was 12,757 million.
  • GNI per capita, Atlas method (current US$) was 1,870.00 .
  • Nicaragua Trade balance: as % of GDP was -18.03.
  • Trade balance in current US$ was -2,300.00 million.
  • Trade as percentage of GDP was 98.19 .
  • Trade in services as percentage of GDP was 17.85 .

Trade Indicators 2015

Trade Indicators for Nicaragua in 2015 are below

  • Hirschman Herfindahl market concentration index was 0.41.
  • Index of export market penetration was 2.23.
  • World Growth in percentage was -6.31 and Nicaragua Country Growth was -2.25 .