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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 2020

  • The total value of exports (FOB) is US$ 5,087 million.
  • The total value of imports (CIF) is US$ 6,545 million.
  • At the HS6 digit level, 1,945 products are exported to 113 countries and 3,651 products are imported from 162 countries.

Top 5 Products exports imports at HS 6 digit level 2020

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 US$ 666,642.23 million.
  • Nicaragua exported Coffee, not roasted or decaffeinated , worth US$ 438,202.08 million.
  • Nicaragua exported T-shirts, singlets and other vests, of cotton, , worth US$ 407,326.96 million.
  • Nicaragua exported Ignition wiring sets&oth wiring sets of a kind , worth US$ 388,624.63 million.
  • Nicaragua exported Frozen boneless bovine meat , worth US$ 276,893.23 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$ 374,406.26 million.
  • Nicaragua imported Other medicaments of mixed or unmixed products, , worth US$ 260,997.26 million.
  • Nicaragua imported Weft knits or crocheted fabrics of cotton , worth US$ 257,820.25 million.
  • Nicaragua imported T-shirts, singlets and other vests, of cotton, , worth US$ 190,035.45 million.
  • Nicaragua imported Petroleum oils and oils obtained from bituminou , worth US$ 188,127.95 million.

Nicaragua top 5 Export and Import partners 2020

The top five countries to which Nicaragua exported 2020 along with the partner share in percentage are:

  1. Nicaragua exports to United States worth US$ 3,032 million, with a partner share of 59.60 percent.
  2. Nicaragua exports to Mexico worth US$ 399 million, with a partner share of 7.84 percent.
  3. Nicaragua exports to El Salvador worth US$ 333 million, with a partner share of 6.54 percent.
  4. Nicaragua exports to Honduras worth US$ 190 million, with a partner share of 3.74 percent.
  5. Nicaragua exports to Costa Rica worth US$ 153 million, with a partner share of 3.00 percent.

The top five countries to which Nicaragua imported goods 2020 along with the share in percentage are

  1. Nicaragua imports from United States worth US$ 1,656 million, with a partner share of 25.31 percent.
  2. Nicaragua imports from China worth US$ 901 million, with a partner share of 13.76 percent.
  3. Nicaragua imports from Mexico worth US$ 691 million, with a partner share of 10.56 percent.
  4. Nicaragua imports from Guatemala worth US$ 555 million, with a partner share of 8.47 percent.
  5. Nicaragua imports from Honduras worth US$ 463 million, with a partner share of 7.07 percent.

Nicaragua Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2020

Tariffs imposed by Nicaragua in 2020 are below.

  • The maximum rate of tariff in percentage on any product is 82.61.
  • The simple average tariff across all products is 3.26.
  • The trade weighted average tariff is 1.84.
  • The total duty free imports in thousands of US dollars are 4,870,836.89 and duty free tariff line items share is 63.52.

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) 2020

Key Development Indicators of Nicaragua in 2020 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