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Pricing

2022
Flag → Flag
Exports $2.24MRnk 60 / 148
2022
Flag → Flag
Top Product $2.04MRolled Tobacco
2022
Flag → Flag
Exports $60.2kRnk 175 / 194
2022
Flag → Flag
Top Product $50.1kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 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$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Nicaragua-Cyprus Trade: In 2022, Nicaragua exported $2.24M to Cyprus. The main products that Nicaragua exported to Cyprus were Rolled Tobacco ($2.04M), Coffee ($98.5k), and Other Footwear ($95.7k). Over the past 5 years the exports of Nicaragua to Cyprus have increased at an annualized rate of 90.2%, from $90.2k in 2017 to $2.24M in 2022.

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

Cyprus-Nicaragua Trade: In 2022, Cyprus exported $60.2k to Nicaragua. The main products that Cyprus exported to Nicaragua were Packaged Medicaments ($50.1k), Knit Gloves ($3.66k), and Medical Instruments ($2.83k). Over the past 5 years the exports of Cyprus to Nicaragua have increased at an annualized rate of 46.9%,  from $8.82k in 2017 to $60.2k in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nicaragua exported $2.24M to Cyprus. The main products exported from Nicaragua to Cyprus were Rolled Tobacco ($2.04M), Coffee ($98.5k), and Other Footwear ($95.7k). During the last 5 years the exports of Nicaragua to Cyprus have increased at an annualized rate of 90.2%, from $90.2k in 2017 to $2.24M in 2022.

In 2017, Cyprus exported $60.2k to Nicaragua. The main products exported from Cyprus to Nicaragua were Packaged Medicaments ($50.1k), Knit Gloves ($3.66k), and Medical Instruments ($2.83k). During the last 5 years the exports of Cyprus to Nicaragua have increased at an annualized rate of 46.9%, from $8.82k in 2022 to $60.2k in 2017.

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

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

Latest Data

Trade between Nicaragua (Flag) and Cyprus (Flag)

Nicaragua Exports

Cyprus Exports

Market Competitiveness

Color
Nicaragua
Top DestinationUnited States$4.09B
Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Nicaragua than Cyprus included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

In 2022, countries that imported more from Cyprus than Nicaragua included Greece ($471M), Hong Kong ($482M), and Lebanon ($329M).

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

Comparative Advantage Nicaragua - Cyprus

Flow
Scale

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

During 2022, Nicaragua had a large net trade with Cyprus in the exports of Foodstuffs ($2.04M), Vegetable Products ($98.5k), and Footwear and Headwear ($95.7k).

During 2017, Cyprus had a large net trade with Nicaragua in the exports of Chemical Products ($50.1k), Textiles ($4.8k), and Instruments ($2.83k).

Economic Complexity

Competitive Landscape

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

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

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