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Nicaragua Trade at a Glance : Most Recent Values

Latest trade data available from various sources.
Nicaragua monthly trade data
Nicaragua quarterly trade data

Please note: The data from various sources are not from the same year.

Year

Nicaragua exports, imports, trade and tariff indicators 2023

Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

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Nicaragua Trade

Overall Exports and Imports for Nicaragua 2024

The total value of exports (FOB) is US$ 7,522 million.
The total value of imports (CIF) is US$ 11,463 million.
The total trade was US$ 18,985 million.
The trade balance was US$ -3,941 million.

China Monthly Exports and imports, in Dec 2024

The total value of exports (FOB) is US$ 494,317 K.
The total value of imports (CIF) is US$ 931,852 K.
The total trade was US$ 1,426,169 K.
The trade balance was US$ -437,534 K.

Nicaragua Trade Indicators 2023

Hirschman Herfindahl Market concentration index is 0.33.
Index of export market penetration is 0.33.
World Growth in percentage is 0.33 and Nicaragua Country Growth is -2.92.

Nicaragua Service Trade data from WDI 2023

Nicaragua, Service imports (BoP, current US$) is 1,138,600,000.00.
Nicaragua, Service exports (BoP, current US$) is 1,559,200,000.00.
Nicaragua, Imports of goods and services as percentage of GDP is 59.15 %.
Nicaragua, Exports of goods and services as percentage of GDP is 45.85 %.

Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by Nicaragua in 2023 are below.

The maximum rate of tariff in percentage on any product is 60.
The simple average tariff across all products is 2.94.
The trade weighted average tariff is 1.89.
The total duty free imports in thousands of US dollars are 7,343,567.82 and duty free tariff line items share is 70.31.

Nicaragua Foreign Direct Investment (FDI) 2024

FDI Inward stock (in US$ Mil) was US$ 14,787 million.
FDI Inward stock flow (in US$ Mil) was US$ 1,352 million.
FDI Outward stock (in US$ Mil) was US$ 950 million.
FDI Outward stock flow (in US$ Mil) was US$ 74 million.

Non-Tariff Measures (NTM)

No Of NTM Measures is 55.
No Of NTM Affected Products (HS 6 Digit) is 1,026.

Nicaragua World Development Indicators (WDI) 2023

Key Development Indicators of Nicaragua in 2023 are below

The population of Nicaragua is 6,465,513.
GDP in US$ is 17,806 million .
GNI per capita, Atlas method in current US dollars is 2,360.00.
Trade balance in US$ is -2,369.00 million.
Trade in services as percentage of GDP is -13.30 %.

WDI

Nicaragua Global Value Chain (GVC) 2015

GVC related output as percentage of output was 4.50 %.
GVC related trade as percentage of trade was 31 %.

GVC

Nicaragua Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index (Over All) for Nicaragua is 12.80.

SPRD