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Nicaragua: Trade Statistics

Exporter Rank

93 / 146

Importer Rank

92 / 145

Trade Balance Rank

99 / 145

Total Trade [1]

Total Exports (2016) $4,591,961,798
Total Imports (2016) $7,475,805,835
Trade Balance (2016) ($2,883,844,037)
Exports of goods and services (% of GDP) (2017) [2] 41.23%
Imports of goods and services (% of GDP) (2017) [2] 55.42%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $2,528,651,142
Mexico $631,346,155
El Salvador $261,677,903
Honduras $150,074,037
Costa Rica $145,651,001
Venezuela $113,616,938
Guatemala $96,448,395
Spain $56,310,089
United Kingdom $55,890,572
France $43,772,220

Import Partners

Top 10 Import Countries

Country Import USD$
United States $1,664,326,686
China $1,149,016,881
Mexico $836,553,900
Costa Rica $485,337,895
Guatemala $470,050,546
Honduras $462,980,403
El Salvador $327,676,169
India $179,190,779
South Korea $168,263,955
Brazil $156,473,194

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(61) Apparel: Knit $786,715,502
(85) Electrical Machinery $662,577,860
(62) Apparel: Non Knit $486,066,958
(02) Meat $436,851,553
(09) Coffee & Spices $405,510,028
(71) Precious Stones & Metals $376,884,780
(03) Seafood $247,475,638
(24) Tobacco $198,678,967
(04) Dairy Products $169,500,518
(17) Sugar & Confectionery $132,865,153

Top 10 Import Goods

HS Code Import USD$
(85) Electrical Machinery $783,684,181
(27) Oil & Mineral Fuels $614,676,754
(84) Industrial Machinery $567,171,701
(87) Motor Vehicles & Parts $495,701,418
(30) Pharmaceuticals $415,940,641
(60) Knitted Fabrics $372,574,023
(39) Plastics $368,318,918
(61) Apparel: Knit $300,763,142
(52) Cotton $189,034,721
(72) Iron & Steel $173,322,092

Sources:

  1. UN Comtrade (2016) except where stated otherwise.
  2. The World Bank. Accessed: 9/22/2018
Nicaragua