2022
Flag  
GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH
3.7%CURRENT US$
Rnk 157 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH
48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC 
$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC
$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH
29.1%CURRENT US$
Rnk 66 / 186

About

France-Nicaragua Trade: In 2022, France exported $28M to Nicaragua. The main products that France exported to Nicaragua were Kraft Paper ($3.17M), Packaged Medicaments ($2M), and Other Uncoated Paper ($1.76M). Over the past 5 years the exports of France to Nicaragua have increased at an annualized rate of 7.99%, from $19.1M in 2017 to $28M in 2022.

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

Nicaragua-France Trade: In 2022, Nicaragua exported $30.1M to France. The main products that Nicaragua exported to France were Crustaceans ($15.3M), Coffee ($12.5M), and Other Vegetables ($405k). Over the past 5 years the exports of Nicaragua to France have decreased at an annualized rate of 5.34%,  from $41.8M in 2017 to $30.1M in 2022.

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

Comparison: In 2022,  France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B). That same year, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, France exported $28M to Nicaragua. The main products exported from France to Nicaragua were Kraft Paper ($3.17M), Packaged Medicaments ($2M), and Other Uncoated Paper ($1.76M). During the last 5 years the exports of France to Nicaragua have increased at an annualized rate of 7.99%, from $19.1M in 2017 to $28M in 2022.

In 2017, Nicaragua exported $30.1M to France. The main products exported from Nicaragua to France were Crustaceans ($15.3M), Coffee ($12.5M), and Other Vegetables ($405k). During the last 5 years the exports of Nicaragua to France have decreased at an annualized rate of 5.34%, from $41.8M in 2022 to $30.1M in 2017.

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

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

Latest Data

Trade between France (Flag) and Nicaragua (Flag)

France Exports

Nicaragua Exports

Date

Market Competitiveness

Color
France
Top Destination
Germany$78.3B
Nicaragua
Top Destination
United States$4.09B

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

In 2022, countries that imported more from France than Nicaragua included Germany ($78.3B), Italy ($56.4B), and Belgium ($47.8B).

In 2022, countries that imported more from Nicaragua than France included Honduras ($541M), El Salvador ($437M), and Costa Rica ($230M).

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

Comparative Advantage France - Nicaragua

Flow
Scale

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

During 2022, France had a large net trade with Nicaragua in the exports of Chemical Products ($6.94M), Machines ($6.63M), and Paper Goods ($5.12M).

During 2017, Nicaragua had a large net trade with France in the exports of Animal Products ($15.3M), Vegetable Products ($13.3M), and Foodstuffs ($678k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Nicaragua+$3.24MPackaged Medicaments
Top Product Potential Nicaragua France+$12.9MCoffee

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of France and Nicaragua. This means that a dot/product with the flag of France indicates it has a comparative advantage over Nicaragua. Similarly, a dot/product with the flag of Nicaragua indicates it has a comparative advantage over France.

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

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