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Nicaragua Trade

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
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

Overall Exports and Imports for Nicaragua 2019

  • The total value of exports (FOB) is US$ 5,273 million.
  • The total value of imports (CIF) is US$ 6,986 million.
  • At the HS6 digit level, 2,125 products are exported to 111 countries and 3,660 products are imported from 159 countries.

Top 5 Products exports imports at HS 6 digit level 2019

The top five exported HS 6 digit level products to world by Nicaragua along with trade value are:

  • Nicaragua exported Ignition wiring sets&oth wiring sets of a kind , worth US$ 506,922.27 million.
  • Nicaragua exported T-shirts, singlets and other vests, of cotton, , worth US$ 500,555.21 million.
  • Nicaragua exported Gold in unwrought forms non-monetary , worth US$ 498,974.43 million.
  • Nicaragua exported Coffee, not roasted or decaffeinated , worth US$ 458,281.62 million.
  • Nicaragua exported Frozen boneless bovine meat , worth US$ 281,806.66 million.

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 US$ 614,545.46 million.
  • Nicaragua imported T-shirts, singlets and other vests, of cotton, , worth US$ 313,801.65 million.
  • Nicaragua imported Petroleum oils and oils obtained from bituminou , worth US$ 267,439.33 million.
  • Nicaragua imported Other medicaments of mixed or unmixed products, , worth US$ 249,978.75 million.
  • Nicaragua imported Weft knits or crocheted fabrics of cotton , worth US$ 245,645.69 million.

Nicaragua top 5 Export and Import partners 2019

The top five countries to which Nicaragua exported 2019 along with the partner share in percentage are:

  1. Nicaragua exports to United States worth US$ 3,254 million, with a partner share of 61.71 percent.
  2. Nicaragua exports to El Salvador worth US$ 295 million, with a partner share of 5.59 percent.
  3. Nicaragua exports to Mexico worth US$ 293 million, with a partner share of 5.56 percent.
  4. Nicaragua exports to Honduras worth US$ 249 million, with a partner share of 4.72 percent.
  5. Nicaragua exports to Costa Rica worth US$ 159 million, with a partner share of 3.01 percent.

The top five countries to which Nicaragua imported goods 2019 along with the share in percentage are

  1. Nicaragua imports from United States worth US$ 1,982 million, with a partner share of 28.37 percent.
  2. Nicaragua imports from China worth US$ 894 million, with a partner share of 12.80 percent.
  3. Nicaragua imports from Mexico worth US$ 695 million, with a partner share of 9.95 percent.
  4. Nicaragua imports from Honduras worth US$ 608 million, with a partner share of 8.70 percent.
  5. Nicaragua imports from Guatemala worth US$ 459 million, with a partner share of 6.58 percent.

Nicaragua Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2019

Tariffs imposed by Nicaragua in 2019 are below.

  • The maximum rate of tariff in percentage on any product is 164.
  • The simple average tariff across all products is 3.19.
  • The trade weighted average tariff is 1.86.
  • The total duty free imports in thousands of US dollars are 5,286,884.06 and duty free tariff line items share is 64.60.

Overall Trade Restrictiveness Index (OTRI) 2009

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year 2009 is 0.12.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year 2009 is 0.15.

Non-Tariff Measures (NTM)

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

Temporary Trade Barriers Database (TTDB) .

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  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Nicaragua World Development Indicators (WDI) 2019

Key Development Indicators of Nicaragua in 2019 are below

WDI

Nicaragua Doing Business 2019

  • The ease of doing business rank for Nicaragua is 142.
  • The trade across border rank is 84.
Doing Business

Nicaragua Country Policy and Institutional Assessment (CPIA), 2018

  • The CPIA Trade Ratings for 2018 is 4.50.
CPIA

NicaraguaLogistics Performance Index (LPI) 2016

  • The LPI score for Nicaragua in 2016 is 2.53.
  • The LPI rank is 102.
LPI

Nicaragua Services Service Policy Restrictive Database (SPRD)

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