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 4,925,581.18 in thousands of US$ and total imports of 7,703,836.56 in thousands of US$ leading to a negative trade balance of -2,778,255.38 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Nicaragua is 2.33% and the Most Favored Nation (MFN) Weighted Average tariff is 6.90%.The trade growth is -4.36% compared to a world growth of 1.50%. GDP of Nicaragua is 13,814,261,535.54 in current US$. Nicaragua services export is 1,557,300,000 in BoP, current US$ and services import is 1,043,700,000 in Bop, current US$.Nicaragua exports of goods and services as percentage of GDP is 41.23% and imports of goods and services as percentage of GDP is 55.42%.

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