Nicaragua Trade Summary

2020 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): 5,087
No. Of products: 1,945
No. Of partners: 113
Importsmore »
Imports (in US$ Mil): 6,545
No. Of products: 3,651
No. Of partners: 162

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Gold in unwrought fo ...666,642.23
Coffee, not roasted ...438,202.08
T-shirts, singlets a ...407,326.96
Ignition wiring sets ...388,624.63
Frozen boneless bovi ...276,893.23
Imports (US$ Thousands)
Petroleum oils, etc, ...374,406.26
Other medicaments of ...260,997.26
Weft knits or croche ...257,820.25
T-shirts, singlets a ...190,035.45
Petroleum oils and o ...188,127.95

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States3,032 59.60
Mexico399 7.84
El Salvador333 6.54
Honduras190 3.74
Costa Rica153 3.00
Exporter Trade (US$ Mil) Partner share(%)
United States1,656 25.31
China901 13.76
Mexico691 10.56
Guatemala555 8.47
Honduras463 7.07

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,555 30.56 566 8.64 2.53
Intermediate goods1,129 22.19 1,734 26.49 1.13
Consumer goods2,374 46.67 3,313 50.62 1.73
Capital goods30 0.58 931 14.22 1.12

Trade Indicators

more »
HH Market concentration index: 0.40
Index of export market penetration: 2.54
World Growth: -3.77
Country Growth: -2.61

Tariffs

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No Of Tariff Agreement: 17
Maximum Rate (%): 82.61
Simple Average (%): 3.26
Weighted Average (%): 1.84
Duty Free Imports (US$ Thousand): 4,870,836.89
Duty Free Tariff Lines Share (%): 63.52

Development Indicators

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GDP (current US$): 12,678
GNI per capita, Atlas method (current US$): 1,760.00
Trade Balance (% of GDP): -5.12
Trade Balance (current US$ Mil): -649.00
Trade in services (% of GDP): 12.30
Trade (% of GDP): 88.93