2023
Exports
$790kWorld Rnk 45 / 147
Flag Rnk 168 / 852
2023
PRODUCT COMPLEXITY IN Artistry Paints
0.16Rnk 501 / 1025
2023
Imports
$1.32MWorld Rnk 81 / 212
Flag Rnk 476 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $790k in Artistry Paints, making it the 45th largest exporter of Artistry Paints in the world. At the same year, Artistry Paints was the 168th most exported product in Nicaragua. The main destination of Artistry Paints exports from Nicaragua are: Costa Rica ($716k), Panama ($63.4k), El Salvador ($10.4k), and Canada ($95).

The fastest growing export markets for Artistry Paints of Nicaragua between 2022 and 2023 were Panama ($27.3k), El Salvador ($10.4k), and Canada ($34).

Imports In 2023, Nicaragua imported $1.32M in Artistry Paints, becoming the 81st largest importer of Artistry Paints in the world. At the same year, Artistry Paints was the 476th most imported product in Nicaragua. Nicaragua imports Artistry Paints primarily from: China ($1.01M), Brazil ($100k), Colombia ($89.7k), Mexico ($28.2k), and Costa Rica ($26.1k).

The fastest growing import markets in Artistry Paints for Nicaragua between 2022 and 2023 were United States ($11.7k), Brazil ($10.6k), and Costa Rica ($5.87k).

Latest Trends

Dec 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 Artistry Paints. 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 (2023)$790k
IMPORTS (2023)$1.32M
NET TRADE (2023)-$530k

In 2023, Nicaragua exported $790k in Artistry Paints. The main destinations of Nicaragua exports on Artistry Paints were Costa Rica ($716k), Panama ($63.4k), El Salvador ($10.4k), and Canada ($95).

In 2023, Nicaragua imported $1.32M in Artistry Paints, mainly from China ($1.01M), Brazil ($100k), Colombia ($89.7k), Mexico ($28.2k), and Costa Rica ($26.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Artistry Paints EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
Panama$27.3k (75.8%)
El Salvador$10.4k (20.4k%)
Canada$34 (55.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artistry Paints BY Nicaragua WERE (2022 - 2023):
Costa Rica-$88.1k (-11%)
Netherlands-$124 (-100%)
United States-$20 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Artistry Paints were:
In 2023, Nicaragua's main importing competitors in Artistry Paints were:

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Trade Value of Artistry Paints by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPanama+ $7.41k
TOP IMPORT POTENTIALMexico+ $21k

Artistry Paints’s highest export potential is Panama. With an export gap of $7.41k.   Artistry Paints’s highest import potential is Mexico with an import gap of $21k.

See methodology.

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