China / Nicaragua

Overview In February 2024, China exported $58.2M and imported $3.89M from Nicaragua, resulting in a positive trade balance of $54.4M. Between February 2023 and February 2024 the exports of China have increased by $27.7M (91%) from $30.5M to $58.2M, while imports increased by $1.83M (88.7%) from $2.06M to $3.89M.

Trade In February 2024, the top exports of China to Nicaragua were Motorcycles and cycles ($2.36M), Rubber Tires ($2.33M), Other knitted or crocheted fabrics. ($2.15M), Iron Cloth ($2.03M), and Glass Bottles ($1.7M). In February 2024 the top imports of China from Nicaragua were Scrap Copper ($649k), Precious Metal Ore ($470k), Copper Ore ($354k), Rolled Tobacco ($256k), and Knit Men's Suits ($150k).

Origins In February 2024 the exports of China were mainly from Zhejiang Province ($14.6M), Guangdong Province ($13.2M), Jiangsu Province ($8.36M), Shandong Province ($5.69M), and Chongqing ($3.19M), while imports destinations were mainly Shaanxi Province ($1.92M), Shanghai Province ($741k), Jiangxi Province ($480k), Guangdong Province ($390k), and Anhui Province ($171k).

Growth In February 2024, the increase in China's year-by-year exports to Nicaragua was explained primarily by an increase in product exports in Glass Bottles ($1.7M or 21.8k%), Machinery Having Individual Functions ($1.22M or 707%), and Rubber Tires ($853k or 57.9%). In February 2024, the increase in China's year-by-year imports  from Nicaragua was explained primarily by an increase in product imports  in Knit Men's Suits ($149k or 11.5k%), Scrap Copper ($110k or 20.4%), and Knit T-shirts ($22.7k or 2.09k%).