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

Country / Region
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.



Overall Exports and Imports

Exports (in US$ Mil) 6,495
No. Of products 1,968
No. Of partners 127
Imports (in US$ Mil) 9,826
No. Of products 3,638
No. Of partners 174

Trade Indicator

HH Market concentration index0.39
Index of export market penetration2.57
World Growth12.59
Country Growth15.07

Service Indicators 2021

Service imports (BoP, current US$)867,100,000.00
Service exports (BoP, current US$)1,043,621,141.86
Imports of goods and services (% of GDP)60.07
Exports of goods and services (% of GDP)46.61

Nicaragua top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States3,671 56.52
Mexico769 11.83
El Salvador386 5.95
Honduras337 5.19
Costa Rica189 2.92
Exporter Trade (US$ Mil) Partner share(%)
United States2,443 24.86
China1,224 12.46
Mexico868 8.84
Netherlands724 7.37
Guatemala719 7.31

Nicaragua Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,919 29.54 914 9.30 2.22
Intermediate goods1,462 22.50 2,382 24.24 2.02
Consumer goods3,075 47.34 5,079 51.69 1.79
Capital goods40 0.61 1,451 14.77 1.22

Top 5 Products exports imports at HS 6 digit level

Gold in unwrought fo ...867,704.74
Ignition wiring sets ...589,761.38
T-shirts, singlets a ...545,890.18
Coffee, not roasted ...507,895.24
Cigars, cheroots and ...355,221.59
Petroleum oils, etc, ...1,260,568.45
Petroleum oils and o ...384,421.90
Weft knits or croche ...331,302.72
T-shirts, singlets a ...313,994.42
Other medicaments of ...273,573.65

Tariff and Trade Barriers for Nicaragua

Tariffs 2021

No. Of Tariff Agreement 18
Simple Average (%) 3.04
Duty Free Imports (US$ Thousand) 6,403,859.21
Maximum Rate (%) 60
Weighted Average (%) 1.96
Duty Free Tariff Lines Share (%) 64.24

Overall Trade Restrictiveness Index (OTRI) 2009

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

Services Service Policy Restrictive Database (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)

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

World Development Indicators (WDI)

2021 WDI »
GDP (current US$ Mil)14,146
GNI per capita, Atlas method (current US$)1,970.00
Trade Balance (current US$ Mil)-1,904.00
Trade Balance (% of GDP)-13.46

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