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Nicaragua: Trade Statistics

Exporter Rank

87 / 127

Importer Rank

89 / 127

Trade Balance Rank

71 / 127

Total Trade [1]

Total Exports (2019) $5,272,553,121
Total Imports (2019) $6,985,507,830
Trade Balance (2019) ($1,712,954,709)
Exports of goods and services (% of GDP) (2020) [2] 42.32%
Imports of goods and services (% of GDP) (2020) [2] 47.15%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $3,253,707,852
El Salvador $294,649,047
Mexico $293,318,263
Honduras $248,914,653
Costa Rica $158,678,491
Guatemala $128,242,186
Spain $68,121,741
Germany $60,995,752
United Kingdom $57,890,095
Belgium $53,637,652

Import Partners

Top 10 Import Countries

Country Import USD$
United States $1,981,936,749
China $893,851,179
Mexico $695,323,859
Honduras $607,907,143
Guatemala $459,466,734
Costa Rica $430,895,065
El Salvador $304,798,310
Ecuador $197,397,555
Germany $122,296,185
India $121,490,738

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

Top 10 Export Goods

HS Code Export USD$
(61) Apparel: Knit $1,126,066,239
(71) Precious Stones & Metals $546,767,656
(02) Meat $544,852,081
(85) Electrical Machinery $514,750,377
(09) Coffee & Spices $460,795,581
(62) Apparel: Non Knit $375,620,333
(03) Seafood $304,169,363
(24) Tobacco $249,522,084
(17) Sugar & Confectionery $198,917,835
(04) Dairy Products $168,184,994

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $946,670,987
(85) Electrical Machinery $541,443,272
(60) Knitted Fabrics $466,901,015
(61) Apparel: Knit $439,155,752
(30) Pharmaceuticals $361,686,801
(84) Industrial Machinery $349,841,937
(39) Plastics $315,682,506
(48) Paper $244,332,526
(52) Cotton $222,204,996
(87) Motor Vehicles & Parts $165,912,796

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 10/4/2021
Nicaragua