Nicaragua trade statistics


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 5,272,553.12 in thousands of US$ and total imports of 6,985,507.83 in thousands of US$ leading to a negative trade balance of -1,712,954.71 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Nicaragua is 1.86% and the Most Favored Nation (MFN) Weighted Average tariff is 7.01%.The trade growth is 5.75% compared to a world growth of -1.13%. GDP of Nicaragua is 12,611,218,627.06 in current US$. Nicaragua services export is 1,373,100,000 in BoP, current US$ and services import is 854,600,000 in Bop, current US$.Nicaragua exports of goods and services as percentage of GDP is 45.04% and imports of goods and services as percentage of GDP is 49.53%.

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