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) 5,087
No. Of products 1,945
No. Of partners 113
Imports (in US$ Mil) 6,545
No. Of products 3,651
No. Of partners 162

Trade Indicator

HH Market concentration index0.39
Index of export market penetration2.45
World Growth-3.91
Country Growth-2.48

Service Indicators 2020

Service imports (BoP, current US$)614,500,000.00
Service exports (BoP, current US$)943,300,000.00
Imports of goods and services (% of GDP)47.15
Exports of goods and services (% of GDP)42.32

Nicaragua top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States3,032 59.60
Mexico399 7.84
El Salvador333 6.54
Honduras190 3.74
Costa Rica153 3.00
Exporter Trade (US$ Mil) Partner share(%)
United States1,656 25.31
China901 13.76
Mexico691 10.56
Guatemala555 8.47
Honduras463 7.07

Nicaragua Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,555 30.56 566 8.64 2.53
Intermediate goods1,129 22.19 1,734 26.49 1.13
Consumer goods2,374 46.67 3,313 50.62 1.73
Capital goods30 0.58 931 14.22 1.12

Top 5 Products exports imports at HS 6 digit level

Gold in unwrought fo ...666,642.23
Coffee, not roasted ...438,202.08
T-shirts, singlets a ...407,326.96
Ignition wiring sets ...388,624.63
Frozen boneless bovi ...276,893.23
Petroleum oils, etc, ...374,406.26
Other medicaments of ...260,997.26
Weft knits or croche ...257,820.25
T-shirts, singlets a ...190,035.45
Petroleum oils and o ...188,127.95

Tariff and Trade Barriers for Nicaragua

Tariffs 2020

No. Of Tariff Agreement 17
Simple Average (%) 3.26
Duty Free Imports (US$ Thousand) 4,870,836.89
Maximum Rate (%) 82.61
Weighted Average (%) 1.84
Duty Free Tariff Lines Share (%) 63.52

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)

2020 WDI »
GDP (current US$ Mil)12,621
GNI per capita, Atlas method (current US$)1,850.00
Trade Balance (current US$ Mil)-609.00
Trade Balance (% of GDP)-4.83

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