Nicaragua trade statistics

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Exports, Imports, Products, Tariffs, GDP and related Development Indicator.

       

Country ISO3 : NIC Country Code : 558 Income Group : Lower middle income Lending Category : IDA Region : Latin America & Caribbean Currency Unit : Nicaraguan gold cordoba WTO Member : Yes

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Product Exports and Imports

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Nicaragua had a total export of 5,013,907.57 in thousands of US$ and total imports of 7,351,000.18 in thousands of US$ leading to a negative trade balance of -2,337,092.61 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Nicaragua is 1.95% and the Most Favored Nation (MFN) Weighted Average tariff is 6.72%.The trade growth is 1.30% compared to a world growth of 3.50%. GDP of Nicaragua is 13,117,845,417 in current US$. Nicaragua services export is 1,342,900,000 in BoP, current US$ and services import is 928,700,000 in Bop, current US$.Nicaragua exports of goods and services as percentage of GDP is 41.98% and imports of goods and services as percentage of GDP is 51.27%.

Nicaragua Country Growth v/s World Growth v/s GDP Growth
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