Overall Exports and Imports for Nicaragua 2023
- The total value of exports (FOB) is US$ 7,378 million.
- The total value of imports (CIF) is US$ 10,912 million.
- At the HS6 digit level, 1,954 products are exported to 129 countries and 3,581 products are imported from 162 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Nicaragua along with trade value are:
- Nicaragua exported Gold in unwrought forms non-monetary , worth 1,128,988.76 (US$ Thousands).
- Nicaragua exported Ignition wiring sets&oth wiring sets of a kind , worth 838,452.72 (US$ Thousands).
- Nicaragua exported T-shirts, singlets and other vests, of cotton, , worth 705,114.95 (US$ Thousands).
- Nicaragua exported Coffee, not roasted or decaffeinated , worth 607,053.75 (US$ Thousands).
- Nicaragua exported Cigars, cheroots and cigarillos containing toba , worth 425,443.26 (US$ Thousands).
The top five imported HS 6 digit level products from world by Nicaragua along with trade value are
- Nicaragua imported Petroleum oils, etc, (excl. crude); preparation , worth 834,943.12 (US$ Thousands).
- Nicaragua imported Petroleum oils and oils obtained from bituminou , worth 604,926.46 (US$ Thousands).
- Nicaragua imported T-shirts, singlets and other vests, of cotton, , worth 397,569.79 (US$ Thousands).
- Nicaragua imported Other medicaments of mixed or unmixed products, , worth 319,505.34 (US$ Thousands).
- Nicaragua imported Weft knits or crocheted fabrics of cotton , worth 251,609.14 (US$ Thousands).
Nicaragua top 5 Export and Import partners 2023
The top five countries to which Nicaragua exported 2023 along with the partner share in percentage are:
- Nicaragua exports to United States worth US$ 3,707 million, with a partner share of 50.24 percent.
- Nicaragua exports to Mexico worth US$ 1,010 million, with a partner share of 13.68 percent.
- Nicaragua exports to El Salvador worth US$ 482 million, with a partner share of 6.54 percent.
- Nicaragua exports to Canada worth US$ 427 million, with a partner share of 5.78 percent.
- Nicaragua exports to Honduras worth US$ 368 million, with a partner share of 4.99 percent.
The top five countries to which Nicaragua imported goods 2023 along with the share in percentage are
- Nicaragua imports from United States worth US$ 2,703 million, with a partner share of 24.77 percent.
- Nicaragua imports from China worth US$ 1,380 million, with a partner share of 12.65 percent.
- Nicaragua imports from Mexico worth US$ 1,021 million, with a partner share of 9.35 percent.
- Nicaragua imports from Honduras worth US$ 1,003 million, with a partner share of 9.19 percent.
- Nicaragua imports from Guatemala worth US$ 852 million, with a partner share of 7.81 percent.
Nicaragua Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Nicaragua Raw materials exports are worth US$ 1,934 million, product share of 26.21%.
- Nicaragua Raw materials imports are worth US$ 1,219 million, product share of 11.17%.
- Nicaragua Intermediate goods exports are worth US$ 1,788 million, product share of 24.23%.
- Nicaragua Intermediate goods imports are worth US$ 2,343 million, product share of 21.48%.
- Nicaragua Consumer goods exports are worth US$ 3,610 million, product share of 48.93%.
- Nicaragua Consumer goods imports are worth US$ 5,711 million, product share of 52.34%.
- Nicaragua Capital goods exports are worth US$ 46 million, product share of 0.63%.
- Nicaragua Capital goods imports are worth US$ 1,638 million, product share of 15.02%.
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 %.