Trade Profiles
2021 Trade in commercial services
Transport
Travel Other commercial services
Industrial property
Merchandise trade Agricultural products Nonagricultural products
Nicaragua
Nicaragua
GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)
12 146 1 937 3.3 903 46.6
Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade
Exports
107 83 116 90
Imports
113 88 146 120
MERCHANDISE TRADE Value
Million US$ Merchandise exports, f.o.b. Merchandise imports, f.o.b. a Share in world total exports (%)
Annual percentage change
2020 5 087 6 545
2010-2020 5 na
2019 5 -5
2020 0.03
Share in world total imports (%)
2020 -4 -6 2020 0.04
Breakdown in economy's total exports
Breakdown in economy's total imports
By main commodity group, % (2019)
By main commodity group, % (2019)
Agricultural products: 46.5
Fuels and mining products: 1
Agricultural products: 16
Fuels and mining products: 14.1
Manufactures: 43.1
Other: 9.5
Manufactures: 69.9
Other: 0
By main destination, % (2019)
By main origin, % (2019)
United States of America: 61.7 El Salvador: 5.6 Honduras: 4.7
European Union: 6.5 Mexico: 5.6 Other: 15.9
United States of America: 28.4 Mexico: 10 Guatemala: 6.6
China: 12.8 Honduras: 8.7 Other: 33.6
Agricultural Products Value
Top exported products (Million US$) HS0901 HS0202 HS0201 HS2402 HS1701
2019 . 460 293 230 222 173
Coffee Meat of bovine animals, frozen Bovine meat, fresh, chilled Cigars, cheroots, cigarillos Cane or beet sugar
Value
Top imported products (Million US$) HS2401 HS2106 HS2309 HS1005 HS1905
2019
Unmanufactured tobacco Other food preparations Preparations of a kind used in animal feeding Maize (corn) Bread, pastry, other bakers' wares
91 77 66 59 58
Share in economy's trade in agricultural products Exports 0%
20%
Imports 40%
0%
HS0901
HS2401
HS0202
HS2106
HS0201
HS2309
HS2402
HS1005
HS1701
HS1905
5%
10%
Million US$ Exports Imports
Value
2019 2 124 1 034
Annual percentage change
2010-2019 6 5
2018 -4 -2
2019 3 -2
Non-Agricultural Products Value
Top exported products (Million US$) HS6109 HS8544 HS7108 HS0306 HS6203
T-shirts, singlets and other vests Insulated electric conductors Gold Crustaceans whether in shell or not Men's or boys' suits
2019
Top imported products (Million US$)
690 509 499 230 201
HS2710 HS6109 HS6006 HS3004 HS2709
Value 2019
Petroleum oils, other than crude T-shirts, singlets and other vests Other knitted or crocheted fabrics Medicaments in measured doses Petroleum oils, crude
615 408 396 318 267
Share in economy's trade in non-agricultural products Exports 0%
20%
Imports 40%
0%
HS6109
HS2710
HS8544
HS6109
HS7108
HS6006
HS0306
HS3004
HS6203
HS2709
5%
10%
15%
Million US$ Exports Imports
Value
2019 3 148 5 950
Annual percentage change
2010-2019 22 6
2018 6 -5
2019 7 -5
a Break in series: 2016 for imports.
264
World Trade Organization – Trade Profiles 2021
Nicaragua TRADE IN COMMERCIAL SERVICES Value
Million US$ Commercial services exports Commercial services imports
Annual percentage change
2020
2010-2020
882 591 2020 0.02
Share in world total exports (%) Breakdown in economy's total exports
2 -2
2019
2020
1 -12
-30 -27 2020 0.01
Share in world total imports (%) Breakdown in economy's total imports
By main services item, % (2020)
By main services item, % (2020)
Transport: 6.5 Other commercial services: 30.5
Travel: 22.5 Goods-related services: 40.5
Transport: 55.1 Other commercial services: 34.2
By main destination
Travel: 10.7 Goods-related services: 0
By main origin
Value
FATS sales Inward (million US$) Outward (million US$)
Annual percentage change
2020 na na
2010-2020 na na
2019 na na
2020 na na
Transport Nicaragua
200
World
100 0
2010
2013
2016
Value
Million US$ Exports Imports
2020
Transport exports (Index 2010=100)
2020 57 326
Exports By sea (2020) By air (2020) By other (2020)
Value 32 2 22
2010-2020 4 0
Share (%)
Annual percentage change 2019 0 -6
Imports By sea (2020) By air (2020) By other (2020)
55.1 4.2 39.1
2020 -5 -17
Value
Share (%)
141 72 110
43.2 22.2 33.9
Travel Nicaragua
300
World
Value
Million US$ Exports Imports
200 100 0
2010
2013
2016
2020 199 63
2010-2020 -4 -6
Annual percentage change 2019 -5 -17
2020 -61 -65
2020
Travel exports (Index 2010=100)
Other Commercial Services and Goods-related Services Million US$
Exports of OCS by main item (2020) 2.4
Other commercial services Exports Imports
ICTs
28.8 68.8
Value
Other business services
2020
2010-2020
269 202
8 -2
2020
Insurance & pension
Goods-related services Exports Imports
Annual percentage change
2010-2020
358 na
4 na
2019
2020
-2 -15
14 -13
2019
2020
10 na
-22 na
INDUSTRIAL PROPERTY Patent applications, 2014 Residents
1
Non-residents
145
Trademark applications, 2013 Total
146
World Trade Organization – Trade Profiles 2021
Residents
1 146
Non-residents
6 800
Industrial design applications, 2014 Total
7 946
Residents
na
Non-residents
6
Total
6
265