Mexico / Nicaragua

Mexico-Nicaragua Trade: In 2023, Mexico exported $1.01B to Nicaragua. The main products that Mexico exported to Nicaragua were Insulated Wire ($161M), Other Plastic Products ($64.6M), and Heavy Pure Woven Cotton ($56.7M). Over the past 5 years the exports of Mexico to Nicaragua have increased at an annualized rate of 3.45%, from $855M in 2018 to $1.01B in 2023.

In 2023, Mexico did not export any services to Nicaragua.

Nicaragua-Mexico Trade: In 2023, Nicaragua exported $1.04B to Mexico. The main products that Nicaragua exported to Mexico were Insulated Wire ($667M), Bovine Meat ($123M), and Knit T-shirts ($68.9M). Over the past 5 years the exports of Nicaragua to Mexico have increased at an annualized rate of 28.5%,  from $297M in 2018 to $1.04B in 2023.

In 2023, Nicaragua did not export any services to Mexico.

Comparison: In 2023,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B). That same year, Nicaragua ranked 111 in the Economic Complexity Index (ECI -1), and 110 in total exports ($8.51B).