Nicaragua Trade Summary

2019 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): 5,273
No. Of products: 2,125
No. Of partners: 111
Importsmore »
Imports (in US$ Mil): 6,986
No. Of products: 3,660
No. Of partners: 159

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Ignition wiring sets ...506,922.27
T-shirts, singlets a ...500,555.21
Gold in unwrought fo ...498,974.43
Coffee, not roasted ...458,281.62
Frozen boneless bovi ...281,806.66
Imports (US$ Thousands)
Petroleum oils, etc, ...614,545.46
T-shirts, singlets a ...313,801.65
Petroleum oils and o ...267,439.33
Other medicaments of ...249,978.75
Weft knits or croche ...245,645.69

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States3,254 61.71
El Salvador295 5.59
Mexico293 5.56
Honduras249 4.72
Costa Rica159 3.01
Exporter Trade (US$ Mil) Partner share(%)
United States1,982 28.37
China894 12.80
Mexico695 9.95
Honduras608 8.70
Guatemala459 6.58

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,584 30.05 613 8.78 2.56
Intermediate goods931 17.67 1,859 26.62 1.43
Consumer goods2,720 51.58 3,682 52.71 1.53
Capital goods37 0.70 829 11.87 1.12

Trade Indicators

more »
HH Market concentration index: 0.42
Index of export market penetration: 2.41
World Growth: -1.13
Country Growth: 5.75

Tariffs

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No Of Tariff Agreement: 16
Maximum Rate (%): 164
Simple Average (%): 3.19
Weighted Average (%): 1.86
Duty Free Imports (US$ Thousand): 5,286,884.06
Duty Free Tariff Lines Share (%): 64.60

Development Indicators

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GDP (current US$): 12,521
GNI per capita, Atlas method (current US$): 1,890.00
Trade Balance (% of GDP): -4.86
Trade Balance (current US$ Mil): -609.00
Trade in services (% of GDP): 17.62
Trade (% of GDP): 95.08