China / Nicaragua

Overview In October 2024, China exported $91.4M and imported $5.52M from Nicaragua, resulting in a positive trade balance of $85.9M. Between October 2023 and October 2024 the exports of China have increased by $10.1M (12.4%) from $81.3M to $91.4M, while imports increased by $1.97M (55.3%) from $3.56M to $5.52M.

Trade In October 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 October 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 October 2024 the exports of China were mainly from Zhejiang Province ($29.9M), Shandong Province ($13.2M), Jiangsu Province ($11.9M), Guangdong Province ($8.85M), and Chongqing ($4.73M), while imports destinations were mainly Jiangxi Province ($1.7M), Guangdong Province ($1.11M), Beijing ($1.09M), Shandong Province ($679k), and Jiangsu Province ($345k).

Growth In October 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 October 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%).