Nicaragua Trade Summary

2021 Data

Nicaragua exports, imports, tariff by year.

Country / Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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): 6,495
No. Of products: 1,968
No. Of partners: 127
Importsmore »
Imports (in US$ Mil): 9,826
No. Of products: 3,638
No. Of partners: 174

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Gold in unwrought fo ...867,704.74
Ignition wiring sets ...589,761.38
T-shirts, singlets a ...545,890.18
Coffee, not roasted ...507,895.24
Cigars, cheroots and ...355,221.59
Imports (US$ Thousands)
Petroleum oils, etc, ...1,260,568.45
Petroleum oils and o ...384,421.90
Weft knits or croche ...331,302.72
T-shirts, singlets a ...313,994.42
Other medicaments of ...273,573.65

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States3,671 56.52
Mexico769 11.83
El Salvador386 5.95
Honduras337 5.19
Costa Rica189 2.92
Exporter Trade (US$ Mil) Partner share(%)
United States2,443 24.86
China1,224 12.46
Mexico868 8.84
Netherlands724 7.37
Guatemala719 7.31

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,919 29.54 914 9.30 2.22
Intermediate goods1,462 22.50 2,382 24.24 2.02
Consumer goods3,075 47.34 5,079 51.69 1.79
Capital goods40 0.61 1,451 14.77 1.22

Trade Indicators

more »
HH Market concentration index: 0.39
Index of export market penetration: 2.58
World Growth: 12.50
Country Growth: 15.11

Tariffs

more »
No Of Tariff Agreement: 18
Maximum Rate (%): 60
Simple Average (%): 3.04
Weighted Average (%): 1.96
Duty Free Imports (US$ Thousand): 6,403,859.21
Duty Free Tariff Lines Share (%): 64.24

Development Indicators

more »
GDP (current US$): 14,146
GNI per capita, Atlas method (current US$): 1,970.00
Trade Balance (% of GDP): -13.46
Trade Balance (current US$ Mil): -1,904.00
Trade in services (% of GDP): 13.51
Trade (% of GDP): 106.68