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Nicaragua: Trade Statistics

Exporter Rank

86 / 119

Importer Rank

87 / 119

Trade Balance Rank

62 / 119

Total Trade [1]

Total Exports (2018) $5,013,907,569
Total Imports (2018) $7,351,000,180
Trade Balance (2018) ($2,337,092,611)
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 $3,063,901,576
El Salvador $285,607,629
Mexico $282,033,936
Honduras $220,041,607
Costa Rica $155,320,527
Guatemala $129,263,819
United Kingdom $72,134,829
Germany $68,835,536
China $67,923,032
Belgium $56,552,377

Import Partners

Top 10 Import Countries

Country Import USD$
United States $2,041,596,940
China $973,552,932
Mexico $740,406,643
Honduras $566,907,131
Guatemala $454,778,924
Costa Rica $450,761,130
El Salvador $317,713,419
Colombia $171,932,848
Brazil $139,968,124
Germany $135,035,200

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

Top 10 Export Goods

HS Code Export USD$
(61) Apparel: Knit $1,006,199,734
(85) Electrical Machinery $538,666,433
(02) Meat $502,093,840
(09) Coffee & Spices $420,367,697
(71) Precious Stones & Metals $415,470,856
(62) Apparel: Non Knit $411,186,032
(03) Seafood $291,237,750
(24) Tobacco $255,204,831
(17) Sugar & Confectionery $194,945,491
(04) Dairy Products $163,295,806

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $1,048,542,060
(85) Electrical Machinery $599,142,423
(60) Knitted Fabrics $491,188,380
(84) Industrial Machinery $428,134,650
(61) Apparel: Knit $397,803,528
(30) Pharmaceuticals $375,550,687
(39) Plastics $316,742,619
(87) Motor Vehicles & Parts $263,775,936
(52) Cotton $207,984,009
(48) Paper $174,965,679

Sources:

  1. UN Comtrade (2018) except where stated otherwise.
  2. The World Bank. Accessed: 1/12/2020
Nicaragua