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Nicaragua: Trade Statistics

Exporter Rank

83 / 121

Importer Rank

84 / 121

Trade Balance Rank

74 / 121

Total Trade [1]

Total Exports (2017) $4,925,581,177
Total Imports (2017) $7,703,836,557
Trade Balance (2017) ($2,778,255,380)
Exports of goods and services (% of GDP) (2018) [2] 41.98%
Imports of goods and services (% of GDP) (2018) [2] 51.27%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $2,888,145,029
Mexico $323,753,830
El Salvador $276,058,456
Honduras $173,612,512
Costa Rica $155,032,524
Venezuela $116,819,506
Guatemala $110,206,711
United Kingdom $80,218,833
Germany $71,881,862
Spain $54,822,995

Import Partners

Top 10 Import Countries

Country Import USD$
United States $1,808,020,623
China $1,172,353,488
Mexico $849,813,550
Honduras $514,592,701
Costa Rica $488,563,273
Guatemala $476,831,234
El Salvador $349,144,153
Japan $158,108,692
India $157,011,752
Brazil $150,421,642

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

Top 10 Export Goods

HS Code Export USD$
(61) Apparel: Knit $819,674,718
(85) Electrical Machinery $595,384,329
(02) Meat $529,645,528
(09) Coffee & Spices $513,056,191
(62) Apparel: Non Knit $477,117,785
(71) Precious Stones & Metals $355,573,044
(03) Seafood $273,571,164
(24) Tobacco $227,610,979
(17) Sugar & Confectionery $199,594,337
(04) Dairy Products $176,266,339

Top 10 Import Goods

HS Code Import USD$
(85) Electrical Machinery $766,254,879
(27) Oil & Mineral Fuels $668,929,443
(84) Industrial Machinery $516,814,562
(30) Pharmaceuticals $458,176,422
(87) Motor Vehicles & Parts $457,270,142
(60) Knitted Fabrics $424,920,473
(39) Plastics $355,577,929
(61) Apparel: Knit $346,404,074
(48) Paper $193,934,001
(72) Iron & Steel $179,064,639

Sources:

  1. UN Comtrade (2017) except where stated otherwise.
  2. The World Bank. Accessed: 9/30/2019
Nicaragua