Nicaragua Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Nicaragua monthly trade data
Nicaragua quarterly trade data

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For viewing trade, tariff data for country or region by year 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.

TRADE SUMMARY FOR Nicaragua

2019

Overall Exports and Imports

Exports
Exports (in US$ Mil) 5,273
No. Of products 2,125
No. Of partners 111
Imports
Imports (in US$ Mil) 6,986
No. Of products 3,660
No. Of partners 159

Trade Indicator

HH Market concentration index0.42
Index of export market penetration2.41
World Growth-1.13
Country Growth5.75

Service Indicators 2019

Service imports (BoP, current US$)854,600,000.00
Service exports (BoP, current US$)1,373,100,000.00
Imports of goods and services (% of GDP)49.53
Exports of goods and services (% of GDP)45.04

Nicaragua top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States3,254 61.71
El Salvador295 5.59
Mexico293 5.56
Honduras249 4.72
Costa Rica159 3.01
Exporter Trade (US$ Mil) Partner share(%)
United States1,982 28.37
China894 12.80
Mexico695 9.95
Honduras608 8.70
Guatemala459 6.58

Nicaragua Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,584 30.05 613 8.78 2.56
Intermediate goods931 17.67 1,859 26.62 1.43
Consumer goods2,720 51.58 3,682 52.71 1.53
Capital goods37 0.70 829 11.87 1.12

Top 5 Products exports imports at HS 6 digit level

Exports
Ignition wiring sets ...506,922.27
T-shirts, singlets a ...500,555.21
Gold in unwrought fo ...498,974.43
Coffee, not roasted ...458,281.62
Frozen boneless bovi ...281,806.66
Imports
Petroleum oils, etc, ...614,545.46
T-shirts, singlets a ...313,801.65
Petroleum oils and o ...267,439.33
Other medicaments of ...249,978.75
Weft knits or croche ...245,645.69

Tariff and Trade Barriers for Nicaragua

Tariffs 2019

No. Of Tariff Agreement 16
Simple Average (%) 3.19
Duty Free Imports (US$ Thousand) 5,286,884.06
Maximum Rate (%) 164
Weighted Average (%) 1.86
Duty Free Tariff Lines Share (%) 64.60

Overall Trade Restrictiveness Index (OTRI) 2009

OTRI »
Overall Trade Restrictiveness Index - MFN Tariff (2009)0.15
Overall Trade Restrictiveness Index - Applied Tariff (2009)0.12

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All12.80

Non-Tariff Measures (NTM) 2014

No Of NTM Measures (2014)55
No Of NTM Affected Products (HS 6 Digit) (2014)1,026

Temporary Trade Barriers Database (TTDB)

TTDB »
Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2019 WDI »
Population6,465,513
GDP (current US$ Mil)12,611
GNI per capita, Atlas method (current US$)1,900.00
Trade Balance (current US$ Mil)-566.00
Trade Balance (% of GDP)-4.49

Doing Business

2019 Doing Business »
Ease of Doing Business Rank142
Trading Across Borders Rank84

Country Policy and Institutional Assessment (CPIA)

2018 CPIA »
CPIA Trade Ratings4.50

Logistics Performance Index (LPI)

2016 LPI »
LPI Score2.53
LPI Rank102