Nicaragua Trade Summary

2018 Data

Nicaragua exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 5,014
No. Of products: 2,148
No. Of partners: 121
Importsmore »
Imports (in US$ Mil): 7,351
No. Of products: 3,717
No. Of partners: 168

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Ignition wiring sets ...529,086.75
T-shirts, singlets a ...436,375.70
Coffee, not roasted ...418,008.96
Gold in unwrought fo ...370,930.09
Frozen boneless bovi ...248,813.18
Imports (US$ Thousands)
Petroleum oils, etc, ...562,267.77
Petroleum oils and o ...397,615.67
Weft knits or croche ...310,032.05
T-shirts, singlets a ...267,871.39
Other medicaments of ...261,148.26

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States3,064 61.11
El Salvador286 5.70
Mexico282 5.63
Honduras220 4.39
Costa Rica155 3.10
Exporter Trade (US$ Mil) Partner share(%)
United States2,042 27.77
China974 13.24
Mexico740 10.07
Honduras567 7.71
Guatemala455 6.19

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,513 30.17 720 9.80 1.67
Intermediate goods808 16.11 1,902 25.88 1.50
Consumer goods2,649 52.84 3,695 50.27 1.87
Capital goods44 0.87 1,031 14.03 1.33

Trade Indicators

more »
HH Market concentration index: 0.41
Index of export market penetration: 2.31
World Growth: 3.50
Country Growth: 1.30

Tariffs

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No Of Tariff Agreement: 13
Maximum Rate (%): 123.70
Simple Average (%): 3.33
Weighted Average (%): 1.95
Duty Free Imports (US$ Thousand): 5,532,597.46
Duty Free Tariff Lines Share (%): 64.24

Development Indicators

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GDP (current US$): 13,064
GNI per capita, Atlas method (current US$): 1,970.00
Trade Balance (% of GDP): -9.32
Trade Balance (current US$ Mil): -1,218.00
Trade in services (% of GDP): 17.48
Trade (% of GDP): 93.62