2022
Exports
$1.16kWorld Rnk 150 / 177
Flag Rnk 683 / 877
2022
PRODUCT COMPLEXITY IN Bandages
0.96Rnk 187 / 1025
2022
Imports
$3.99MWorld Rnk 108 / 221
Flag Rnk 290 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $1.16k in Bandages, making it the 150th largest exporter of Bandages in the world. At the same year, Bandages was the 683rd most exported product in Nicaragua. The main destination of Bandages exports from Nicaragua are: Belize ($1k), Honduras ($75), Costa Rica ($60), El Salvador ($24), and United States ($2).

The fastest growing export markets for Bandages of Nicaragua between 2021 and 2022 were Belize ($1k), Honduras ($75), and Costa Rica ($60).

Imports In 2022, Nicaragua imported $3.99M in Bandages, becoming the 108th largest importer of Bandages in the world. At the same year, Bandages was the 290th most imported product in Nicaragua. Nicaragua imports Bandages primarily from: China ($2.65M), United States ($666k), Japan ($130k), Peru ($108k), and Colombia ($102k).

The fastest growing import markets in Bandages for Nicaragua between 2021 and 2022 were China ($370k), Peru ($108k), and Guatemala ($33.6k).

Latest Trends

Oct 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 Bandages. 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)$1.16k
IMPORTS (2022)$3.99M
NET TRADE (2022)-$3.99M

In 2022, Nicaragua exported $1.16k in Bandages. The main destinations of Nicaragua exports on Bandages were Belize ($1k), Honduras ($75), Costa Rica ($60), El Salvador ($24), and United States ($2).

In 2022, Nicaragua imported $3.99M in Bandages, mainly from China ($2.65M), United States ($666k), Japan ($130k), Peru ($108k), and Colombia ($102k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Belize$1k (1%)
Honduras$75 (1%)
Costa Rica$60 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Nicaragua WERE (2021 - 2022):
Panama-$2.88k (-100%)
Gambia-$58 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Bandages were:
In 2022, Nicaragua's main importing competitors in Bandages were:

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $698
TOP IMPORT POTENTIALUnited States+ $316k

Bandages’s highest export potential is United States. With an export gap of $698.   Bandages’s highest import potential is United States with an import gap of $316k.

See methodology.

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