2021
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 204
2011-2021
Flag
GDP GROWTH
136%CURRENT US$
Rnk 6 / 204
2021
Flag
 GDP
$14.1BCURRENT US$
Rnk 131 / 204
2011-2021
Flag
GDP GROWTH
44.7%CURRENT US$
Rnk 69 / 204
2021
Flag
GDP PC 
$12,618CURRENT US$
Rnk 75 / 204
2011-2021
Flag
GDP PC GROWTH
125%CURRENT US$
Rnk 5 / 204
2021
Flag
GDP PC
$2,065CURRENT US$
Rnk 164 / 204
2011-2021
Flag
GDP PC GROWTH
25.5%CURRENT US$
Rnk 70 / 204

About

China-Nicaragua In 2021, China exported $1.12B to Nicaragua. The main products that China exported to Nicaragua are Light Rubberized Knitted Fabric ($174M), Broadcasting Equipment ($46.5M), and Motorcycles and cycles ($40M). During the last 26 years the exports of China to Nicaragua have increased at an annualized rate of 22%, from $6.3M in 1995 to $1.12B in 2021.

In 2021, China did not export any services to Nicaragua.

Nicaragua-China In 2021, Nicaragua exported $18M to China. The main products that Nicaragua exported to China were Ground Nut Oil ($5.22M), Scrap Copper ($3.66M), and Sawn Wood ($2.57M). During the last 26 years the exports of Nicaragua to China have increased at an annualized rate of 30.2%, from $18.7k in 1995 to $18M in 2021.

In 2021, Nicaragua did not export any services to China.

Comparison In 2021,  China ranked 25 in the Economic Complexity Index (ECI 1.07), and 1 in total exports ($3.34T). That same year, Nicaragua ranked 108 in the Economic Complexity Index (ECI -1.03), and 110 in total exports ($6.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, China exported $1.12B to Nicaragua. The main products exported from China to Nicaragua were Light Rubberized Knitted Fabric ($174M), Broadcasting Equipment ($46.5M), and Motorcycles and cycles ($40M). During the last 26 years the exports of China to Nicaragua have increased at an annualized rate of 22%, from $6.3M in 1995 to $1.12B in 2021.

In 2021, Nicaragua exported $18M to China. The main products exported from Nicaragua to China were Ground Nut Oil ($5.22M), Scrap Copper ($3.66M), and Sawn Wood ($2.57M). During the last 26 years the exports of Nicaragua to China have increased at an annualized rate of 30.2%, from $18.7k in 1995 to $18M in 2021.

Exports from China (Flag) to Nicaragua (Flag) (2021)

Exports from Nicaragua (Flag) to China (Flag) (2021)

Market Competitiveness

Color
China
Top Destination
United States$530B
Nicaragua
Top Destination
United States$3.9B

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

In 2021, countries that imported more from China than Nicaragua were United States ($530B), Hong Kong ($323B), and Japan ($168B).

In 2021, countries that imported more from Nicaragua than China were Anguilla ($37.6k).

Difference in imports from Nicaragua (Flag) and China (Flag) (2021)

Comparative Advantage China - Nicaragua

Flow
Scale

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

During 2021, China had a large net trade with Nicaragua in the exports of Textiles ($297M), Machines ($277M), and Chemical Products ($117M).

During 2021, Nicaragua had a large net trade with China in the exports of Animal and Vegetable Bi-Products ($5.22M), Metals ($4.12M), and Mineral Products ($2.75M).

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 China has comparative advantage over Nicaragua. Similarly, the more yellow a dot/product is, the more Nicaragua has comparative advantage over China.

Product Space of China (Flag) and Nicaragua (Flag) (2021)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with