2022
Exports
$308kWorld Rnk 88 / 200
Flag Rnk 240 / 877
2022
PRODUCT COMPLEXITY IN Other Non-Knit Clothing Accessories
-0.62Rnk 737 / 1025
2022
Imports
$264MWorld Rnk 2 / 222
Flag Rnk 6 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $308k in Other Non-Knit Clothing Accessories, making it the 88th largest exporter of Other Non-Knit Clothing Accessories in the world. At the same year, Other Non-Knit Clothing Accessories was the 240th most exported product in Nicaragua. The main destination of Other Non-Knit Clothing Accessories exports from Nicaragua are: El Salvador ($118k), Guatemala ($104k), Kuwait ($60.1k), United States ($13.9k), and Australia ($3.41k).

The fastest growing export markets for Other Non-Knit Clothing Accessories of Nicaragua between 2021 and 2022 were El Salvador ($112k), Guatemala ($76.4k), and Kuwait ($60.1k).

Imports In 2022, Nicaragua imported $264M in Other Non-Knit Clothing Accessories, becoming the 2nd largest importer of Other Non-Knit Clothing Accessories in the world. At the same year, Other Non-Knit Clothing Accessories was the 6th most imported product in Nicaragua. Nicaragua imports Other Non-Knit Clothing Accessories primarily from: India ($235M), Honduras ($19.8M), China ($2.71M), South Korea ($2.27M), and United States ($2.01M).

The fastest growing import markets in Other Non-Knit Clothing Accessories for Nicaragua between 2021 and 2022 were India ($101M), Honduras ($17.8M), and South Korea ($2.26M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Non-Knit Clothing Accessories. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$308k
IMPORTS (2022)$264M
NET TRADE (2022)-$264M

In 2022, Nicaragua exported $308k in Other Non-Knit Clothing Accessories. The main destinations of Nicaragua exports on Other Non-Knit Clothing Accessories were El Salvador ($118k), Guatemala ($104k), Kuwait ($60.1k), United States ($13.9k), and Australia ($3.41k).

In 2022, Nicaragua imported $264M in Other Non-Knit Clothing Accessories, mainly from India ($235M), Honduras ($19.8M), China ($2.71M), South Korea ($2.27M), and United States ($2.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Non-Knit Clothing Accessories EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
El Salvador$112k (1.73k%)
Guatemala$76.4k (281%)
Kuwait$60.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Non-Knit Clothing Accessories BY Nicaragua WERE (2021 - 2022):
Honduras-$196k (-99.8%)
United States-$12.2k (-46.7%)
United Arab Emirates-$3.47k (-54.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Other Non-Knit Clothing Accessories were:
In 2022, Nicaragua's main importing competitors in Other Non-Knit Clothing Accessories were:

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Trade Value of Other Non-Knit Clothing Accessories by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $54.2k
TOP IMPORT POTENTIALChina+ $1.63M

Other Non-Knit Clothing Accessories’s highest export potential is United States. With an export gap of $54.2k.   Other Non-Knit Clothing Accessories’s highest import potential is China with an import gap of $1.63M.

See methodology.

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