Nicaragua

Compare Nicaragua →

NI · NIC · BACI 558 · latest data 2024

Exports

$8.8B USD, nominal · 2024

= $8,768 M42.9% over 5 yrs (up)

Imports

$11.7B USD, nominal · 2024

= $11,725 M58.7% over 5 yrs (up)

Trade balancedeficit

−$3.0B USD, nominal · 2024

= −$2,957 M

Total trade

$20.5B USD, nominal · 2024

= $20,494 M51.5% over 5 yrs (up)

World position: #109 of 225 exporters · top half · #110 of 225 importers · top half · 2024
World export share since 1995: +0.0 pp

Trade timeline

Nicaragua's exports grew from $638M in 1995 to $8.8B in 2024; the 2024 balance was −$3.0B.

Loading trade timeline…

View timeline table

Exports, imports, trade balance and total trade of Nicaragua per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$638 M	$1,223 M	−$585 M	$1,861 M
1996	$851 M	$1,318 M	−$466 M	$2,169 M
1997	$930 M	$1,692 M	−$762 M	$2,622 M
1998	$876 M	$1,915 M	−$1,039 M	$2,791 M
1999	$862 M	$1,892 M	−$1,030 M	$2,754 M
2000	$934 M	$1,963 M	−$1,029 M	$2,896 M
2001	$977 M	$1,974 M	−$997 M	$2,951 M
2002	$1,019 M	$2,052 M	−$1,033 M	$3,072 M
2003	$1,215 M	$2,162 M	−$947 M	$3,377 M
2004	$1,499 M	$2,614 M	−$1,115 M	$4,113 M
2005	$1,780 M	$2,976 M	−$1,196 M	$4,756 M
2006	$1,963 M	$3,367 M	−$1,404 M	$5,330 M
2007	$2,195 M	$4,201 M	−$2,006 M	$6,397 M
2008	$2,735 M	$4,619 M	−$1,884 M	$7,354 M
2009	$2,474 M	$4,180 M	−$1,706 M	$6,654 M
2010	$3,232 M	$4,928 M	−$1,696 M	$8,160 M
2011	$4,156 M	$6,071 M	−$1,915 M	$10,227 M
2012	$6,298 M	$6,867 M	−$570 M	$13,165 M
2013	$6,537 M	$6,355 M	$182 M	$12,893 M
2014	$5,330 M	$6,565 M	−$1,236 M	$11,895 M
2015	$5,280 M	$6,631 M	−$1,351 M	$11,911 M
2016	$5,340 M	$7,932 M	−$2,592 M	$13,271 M
2017	$5,525 M	$8,275 M	−$2,750 M	$13,799 M
2018	$5,696 M	$7,704 M	−$2,008 M	$13,399 M
2019	$6,136 M	$7,389 M	−$1,253 M	$13,524 M
2020	$5,904 M	$6,989 M	−$1,085 M	$12,893 M
2021	$7,401 M	$9,997 M	−$2,596 M	$17,398 M
2022	$9,066 M	$11,496 M	−$2,430 M	$20,562 M
2023	$8,512 M	$11,062 M	−$2,550 M	$19,574 M
2024	$8,768 M	$11,725 M	−$2,957 M	$20,494 M

30 rows

World share & rank

World export share moved from 0.0% in 1995 to 0.0% in 2024; export rank #117 → #109.

Loading world share and rank…

View share & rank table

World export and import share in percent, and world ranks, of Nicaragua per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.01%	0.02%	#117	#110
1996	0.02%	0.02%	#113	#115
1997	0.02%	0.03%	#116	#110
1998	0.02%	0.03%	#116	#108
1999	0.01%	0.03%	#117	#105
2000	0.01%	0.03%	#125	#114
2001	0.02%	0.03%	#127	#113
2002	0.02%	0.03%	#127	#112
2003	0.02%	0.03%	#125	#115
2004	0.02%	0.03%	#124	#118
2005	0.02%	0.03%	#125	#120
2006	0.02%	0.03%	#126	#120
2007	0.02%	0.03%	#127	#122
2008	0.02%	0.03%	#121	#127
2009	0.02%	0.03%	#118	#129
2010	0.02%	0.03%	#117	#127
2011	0.02%	0.03%	#121	#132
2012	0.03%	0.04%	#106	#125
2013	0.04%	0.03%	#111	#131
2014	0.03%	0.04%	#117	#128
2015	0.03%	0.04%	#112	#126
2016	0.03%	0.05%	#110	#112
2017	0.03%	0.05%	#112	#112
2018	0.03%	0.04%	#115	#119
2019	0.03%	0.04%	#111	#120
2020	0.03%	0.04%	#110	#117
2021	0.03%	0.05%	#111	#110
2022	0.04%	0.05%	#107	#111
2023	0.04%	0.05%	#109	#110
2024	0.04%	0.05%	#109	#110

30 rows

Trading partners

United States was Nicaragua's top trading partner in 2024, at 33.3% of total trade; the top five partners covered 63.8%.

Year

Top partner share: 33.3%
Top-5 share: 63.8%
Partners: 184
Partner HHI (0–1): 0.143

Loading world basemap…

United States $4.1B

Mexico $1.0B

Canada $572M

El Salvador $488M

Senegal $383M

Switzerland $313M

Honduras $309M

Costa Rica $225M

Guatemala $183M

China $87M

Germany $72M

India $50M

Ecuador $29M

Japan $21M

Argentina $0M

View partner table

Top partners of Nicaragua in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	United States	$4,102 M	$2,719 M	$6,821 M	$1,382 M
#2	Mexico	$1,017 M	$997 M	$2,014 M	$20 M
#3	China	$87 M	$1,671 M	$1,758 M	−$1,584 M
#4	Honduras	$309 M	$990 M	$1,299 M	−$681 M
#5	Guatemala	$183 M	$995 M	$1,178 M	−$813 M
#6	El Salvador	$488 M	$578 M	$1,066 M	−$89 M
#7	Costa Rica	$225 M	$707 M	$932 M	−$482 M
#8	Canada	$572 M	$99 M	$671 M	$473 M
#9	India	$50 M	$377 M	$427 M	−$327 M
#10	Senegal	$383 M	$0 M	$383 M	$383 M
#11	Switzerland	$313 M	$27 M	$340 M	$285 M
#12	Ecuador	$29 M	$268 M	$297 M	−$239 M
#13	Japan	$21 M	$231 M	$252 M	−$210 M
#14	Germany	$72 M	$153 M	$225 M	−$82 M
#15	Argentina	$0 M	$224 M	$224 M	−$223 M

15 rows

Products & sectors

Product composition of Nicaragua's trade in 2024.

Year

Loading product detail for 2024 (large file, fetched on demand)…

View product table

The product table loads with the product data for 2024.

Concentration & risk

Nicaragua's export partners held steady over 1995–2024 — HHI 0.246 → 0.246, a moderately concentrated export base across 154 partners in 2024.

Loading concentration trends…

View concentration table

Export and import partner HHI (0–1) and partner counts of Nicaragua per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.246	0.123	81	81
1996	0.304	0.118	85	88
1997	0.316	0.138	95	99
1998	0.293	0.106	101	107
1999	0.342	0.133	105	98
2000	0.291	0.096	107	109
2001	0.259	0.101	117	122
2002	0.388	0.093	118	130
2003	0.412	0.091	110	142
2004	0.420	0.078	120	144
2005	0.342	0.071	130	146
2006	0.443	0.079	134	147
2007	0.324	0.082	134	153
2008	0.301	0.082	141	154
2009	0.306	0.083	126	160
2010	0.299	0.089	140	162
2011	0.215	0.082	147	168
2012	0.284	0.078	153	154
2013	0.265	0.078	157	158
2014	0.258	0.076	153	163
2015	0.330	0.078	158	166
2016	0.343	0.098	162	177
2017	0.352	0.101	160	178
2018	0.387	0.115	157	170
2019	0.395	0.118	154	158
2020	0.375	0.108	150	161
2021	0.345	0.105	163	173
2022	0.328	0.113	153	159
2023	0.291	0.108	149	162
2024	0.246	0.105	154	164

30 rows

Downloads

The exact artifacts behind this page, as published: