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Nicaragua Trade Summary

2016

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 2016

Overall Exports and Imports for Nicaragua 2016

Exports and imports of Nicaragua in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,592 million.
  • The total value of imports (CIF) was 7,476 million.
  • At the HS6 digit level, 1,999 products were exported to 122 countries and 3,827 products were imported from 174 countries.

Nicaragua top 5 Export and Import partners 2016

Top five countries to which Nicaragua exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Nicaragua exports to United States worth US$ 2,529 million, with a partner share of 55.07 percent.
  2. Nicaragua exports to Mexico worth US$ 631 million, with a partner share of 13.75 percent.
  3. Nicaragua exports to El Salvador worth US$ 262 million, with a partner share of 5.70 percent.
  4. Nicaragua exports to Honduras worth US$ 150 million, with a partner share of 3.27 percent.
  5. Nicaragua exports to Costa Rica worth US$ 146 million, with a partner share of 3.17 percent.

Top five countries from which Nicaragua imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Nicaragua imports from United States worth US$ 1,664 million, with a partner share of 22.26 percent.
  2. Nicaragua imports from China worth US$ 1,149 million, with a partner share of 15.37 percent.
  3. Nicaragua imports from Mexico worth US$ 837 million, with a partner share of 11.19 percent.
  4. Nicaragua imports from Costa Rica worth US$ 485 million, with a partner share of 6.49 percent.
  5. Nicaragua imports from Guatemala worth US$ 470 million, with a partner share of 6.29 percent.

Nicaragua Top 5 Productsexports imports at HS 6 digit level 2016

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 655,889.65 (US$ Thousands).
  2. Nicaragua exported Coffee, not roasted or decaffeinated , worth 402,259.77 (US$ Thousands).
  3. Nicaragua exported Gold in unwrought forms non-monetary , worth 357,868.78 (US$ Thousands).
  4. Nicaragua exported T-shirts, singlets and other vests, of cotton, , worth 271,336.21 (US$ Thousands).
  5. Nicaragua exported Frozen boneless bovine meat , worth 225,140.11 (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, etc, (excl. crude); preparation , worth 364,006.99 (US$ Thousands).
  2. Nicaragua imported Other medicaments of mixed or unmixed products, , worth 291,271.13 (US$ Thousands).
  3. Nicaragua imported T-shirts, singlets and other vests, of cotton, , worth 251,457.35 (US$ Thousands).
  4. Nicaragua imported Weft knits or crocheted fabrics of cotton , worth 234,172.45 (US$ Thousands).
  5. Nicaragua imported Other articles of plastics, nes , worth 199,371.73 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Nicaragua in 2016 are below

  • The maximum rate of tariff in percentage on any product was 150.80 percent.
  • The simple average tariff across all products was 3.57 percent.
  • The trade weighted average tariff was 2.17 .
  • The total duty free imports in thousands of US dollars were 5,499,399.99 and duty free tariff line items share was 61.29 percent.

Development Indicators 2016

Key Development Indicators of Nicaragua in 2016 are below

  • Nicaragua GDP in current US dollar was 13,286 million.
  • GNI per capita, Atlas method (current US$) was 1,930.00 .
  • Nicaragua Trade balance: as % of GDP was -16.05.
  • Trade balance in current US$ was -2,132.00 million.
  • Trade as percentage of GDP was 93.81 .
  • Trade in services as percentage of GDP was 18.04 .

Trade Indicators 2016

Trade Indicators for Nicaragua in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.40.
  • Index of export market penetration was 2.35.
  • World Growth in percentage was -1.38 and Nicaragua Country Growth was 2.49 .