Nicaragua

In 2014, the value of merchandise exports of Nicaragua increased moderately by 8.3 percent to reach 5.0 bln US$, while its merchandise imports increased slightly by 4.5 percent to reach 5.7 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively small deficit of 772.9 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed North America at 1.7 bln US$ (see graph 4). Merchandise exports in Nicaragua were highly concentrated amongst partners; imports were diversified. The top 6 partners accounted for 80 percent or more of exports and 11 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Nicaragua increased slightly by 0.7 percent, reaching 731.4 mln US$, while its imports of services increased slightly by 1.3 percent and reached 933.8 mln US$ (see graph 2). There was a moderate trade in services deficit of 202.4 mln US$.

Related Subject(s): International Trade and Finance

Countries: Nicaragua