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Pricing

2022
Flag → Flag
Exports $553kRnk 80 / 148
2022
Flag → Flag
Top Product $253kRolled Tobacco
2022
Flag → Flag
Exports $131MRnk 70 / 168
2022
Flag → Flag
Top Product $100MDelivery Trucks
2022
Flag
Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Nicaragua-Argentina Trade: In 2022, Nicaragua exported $553k to Argentina. The main products that Nicaragua exported to Argentina were Rolled Tobacco ($253k), Coffee ($139k), and Hard Liquor ($80.1k). Over the past 5 years the exports of Nicaragua to Argentina have increased at an annualized rate of 8.43%, from $369k in 2017 to $553k in 2022.

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

Argentina-Nicaragua Trade: In 2022, Argentina exported $131M to Nicaragua. The main products that Argentina exported to Nicaragua were Delivery Trucks ($100M), Soybean Oil ($9.22M), and Cars ($6.45M). Over the past 5 years the exports of Argentina to Nicaragua have increased at an annualized rate of 10.6%,  from $79.3M in 2017 to $131M in 2022.

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

Comparison: In 2022,  Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nicaragua exported $553k to Argentina. The main products exported from Nicaragua to Argentina were Rolled Tobacco ($253k), Coffee ($139k), and Hard Liquor ($80.1k). During the last 5 years the exports of Nicaragua to Argentina have increased at an annualized rate of 8.43%, from $369k in 2017 to $553k in 2022.

In 2017, Argentina exported $131M to Nicaragua. The main products exported from Argentina to Nicaragua were Delivery Trucks ($100M), Soybean Oil ($9.22M), and Cars ($6.45M). During the last 5 years the exports of Argentina to Nicaragua have increased at an annualized rate of 10.6%, from $79.3M in 2022 to $131M in 2017.

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

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

Latest Data

Trade between Nicaragua (Flag) and Argentina (Flag)

Nicaragua Exports

Argentina Exports

Market Competitiveness

Color
Nicaragua
Top DestinationUnited States$4.09B
Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Nicaragua than Argentina included Honduras ($541M), El Salvador ($437M), and Mexico ($943M).

In 2022, countries that imported more from Argentina than Nicaragua included Brazil ($12.6B), China ($8B), and Chile ($5.11B).

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

Comparative Advantage Nicaragua - Argentina

Flow
Scale

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

During 2022, Nicaragua had a large net trade with Argentina in the exports of Foodstuffs ($333k), Vegetable Products ($139k), and Textiles ($73.7k).

During 2017, Argentina had a large net trade with Nicaragua in the exports of Transportation ($108M), Animal and Vegetable Bi-Products ($9.37M), and Chemical Products ($6.97M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nicaragua Argentina+$509kCoffee
Top Product Potential Argentina Nicaragua+$2.36MCars

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 Nicaragua and Argentina. This means that a dot/product with the flag of Nicaragua indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Nicaragua.

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

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