2022
Flag  
GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$15.7BCURRENT US$
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2012-2022
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GDP GROWTH
48.8%CURRENT US$
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2022
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GDP PC 
$92,101CURRENT US$
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2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
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2022
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GDP PC
$2,255CURRENT US$
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2012-2022
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GDP PC GROWTH
29.1%CURRENT US$
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About

Switzerland-Nicaragua In 2022, Switzerland exported $17.5M to Nicaragua. The main products that Switzerland exported to Nicaragua are Packaged Medicaments ($7.22M), Machinery Having Individual Functions ($1.03M), and Flavored Water ($751k). During the last 27 years the exports of Switzerland to Nicaragua have increased at an annualized rate of 6.22%, from $3.43M in 1995 to $17.5M in 2022.

In 2022, Switzerland did not export any services to Nicaragua.

Nicaragua-Switzerland In 2022, Nicaragua exported $118M to Switzerland. The main products that Nicaragua exported to Switzerland were Gold ($59.6M), Coffee ($49.9M), and Bananas ($2.56M). During the last 27 years the exports of Nicaragua to Switzerland have increased at an annualized rate of 13.1%, from $4.24M in 1995 to $118M in 2022.

In 2022, Nicaragua did not export any services to Switzerland.

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B). That same year, Nicaragua ranked 107 in the Economic Complexity Index (ECI -1.03), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $17.5M to Nicaragua. The main products exported from Switzerland to Nicaragua were Packaged Medicaments ($7.22M), Machinery Having Individual Functions ($1.03M), and Flavored Water ($751k). During the last 27 years the exports of Switzerland to Nicaragua have increased at an annualized rate of 6.22%, from $3.43M in 1995 to $17.5M in 2022.

In 2022, Nicaragua exported $118M to Switzerland. The main products exported from Nicaragua to Switzerland were Gold ($59.6M), Coffee ($49.9M), and Bananas ($2.56M). During the last 27 years the exports of Nicaragua to Switzerland have increased at an annualized rate of 13.1%, from $4.24M in 1995 to $118M in 2022.

Exports from Switzerland (Flag) to Nicaragua (Flag) (2022)

Exports from Nicaragua (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and Nicaragua (Flag)

Switzerland Exports

Nicaragua Exports

Date

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Nicaragua
Top Destination
United States$4.09B

This map shows whether countries import more from Switzerland or Nicaragua. Each country is colored based on the difference in imports they receive from Switzerland and Nicaragua or the difference in the growth in imports.

In 2021, countries that imported more from Switzerland than Nicaragua were United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2021, countries that imported more from Nicaragua than Switzerland were Honduras ($541M), El Salvador ($437M), and Guatemala ($221M).

Difference in imports from Nicaragua (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - Nicaragua

Flow
Scale

This chart compares trade between Switzerland and Nicaragua by product, considering products traded by both, Switzerland and Nicaragua.

During 2022, Switzerland had a large net trade with Nicaragua in the exports of Chemical Products ($8.77M), Machines ($3.94M), and Metals ($2.12M).

During 2022, Nicaragua had a large net trade with Switzerland in the exports of Precious Metals ($61.5M), Vegetable Products ($52.4M), and Foodstuffs ($2.3M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Switzerland has comparative advantage over Nicaragua. Similarly, the more yellow a dot/product is, the more Nicaragua has comparative advantage over Switzerland.

Product Space of Switzerland (Flag) and Nicaragua (Flag) (2022)

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