2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH
48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
 GDP
$10.9BCURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC 
$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH
29.1%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC
$1,607CURRENT US$
Rnk 153 / 186
2012-2022
Flag
GDP PC GROWTH
36.4%CURRENT US$
Rnk 56 / 186

About

Nicaragua-Kyrgyzstan Trade: In 2022, Nicaragua exported $693 to Kyrgyzstan. The main products that Nicaragua exported to Kyrgyzstan were Hard Liquor ($560) and Insulated Wire ($133). Over the past 8 years the exports of Nicaragua to Kyrgyzstan have increased at an annualized rate of 26.6%, from $105 in 2014 to $693 in 2022.

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

Kyrgyzstan-Nicaragua Trade: In 2022, Kyrgyzstan exported $51 to Nicaragua. The main products that Kyrgyzstan exported to Nicaragua were Iron Fasteners ($51). Over the past 8 years the exports of Kyrgyzstan to Nicaragua have decreased at an annualized rate of 35.2%,  from $448 in 2014 to $51 in 2022.

In 2009, Kyrgyzstan exported services to Nicaragua worth $0, with being the largest in terms of value.

Comparison: In 2022,  Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B). That same year, Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12), and 141 in total exports ($2.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nicaragua exported $693 to Kyrgyzstan. The main products exported from Nicaragua to Kyrgyzstan were Hard Liquor ($560) and Insulated Wire ($133). During the last 8 years the exports of Nicaragua to Kyrgyzstan have increased at an annualized rate of 26.6%, from $105 in 2014 to $693 in 2022.

In 2017, Kyrgyzstan exported $51 to Nicaragua. The main products exported from Kyrgyzstan to Nicaragua were Iron Fasteners ($51). During the last 5 years the exports of Kyrgyzstan to Nicaragua have decreased at an annualized rate of 35.2%, from $448 in 2022 to $51 in 2017.

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

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

Market Competitiveness

Color
Nicaragua
Top Destination
United States$4.09B
Kyrgyzstan
Top Destination
Russia$1.07B

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

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

In 2022, countries that imported more from Kyrgyzstan than Nicaragua included Russia ($1.07B), Kazakhstan ($445M), and Uzbekistan ($240M).

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

Comparative Advantage Nicaragua - Kyrgyzstan

Flow
Scale

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

During 2022, Nicaragua had a large net trade with Kyrgyzstan in the exports of Foodstuffs ($560) and Machines ($133).

During 2017, Kyrgyzstan had a large net trade with Nicaragua in the exports of Metals ($51).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nicaragua Kyrgyzstan+$4.33kInsulated Wire
Top Product Potential Kyrgyzstan Nicaragua+$2.44kRefined Petroleum

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

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

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