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2022
Exports $34.1kWorld Rnk 159 / 216
Flag Rnk 447 / 877
2022
Destination $10.3k Guatemala
2021 - 2022
FASTEST GROWING MARKET $10.3kGuatemala
2022
PRODUCT COMPLEXITY IN Beauty Products0.42Rnk 400 / 1025
2022
Imports $18.4MWorld Rnk 124 / 223
Flag Rnk 106 / 1109
2022
Origin $942k Guatemala
2021 - 2022
FASTEST GROWING ORIGIN $942kGuatemala
2022
ECONOMIC COMPLEXITY of Nicaragua-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $34.1k in Beauty Products, making it the 159th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 447th most exported product in Nicaragua. The main destination of Beauty Products exports from Nicaragua are: Guatemala ($11.1k), Honduras ($6.65k), El Salvador ($5.7k), Panama ($5.4k), and Costa Rica ($1.87k).

The fastest growing export markets for Beauty Products of Nicaragua between 2021 and 2022 were Guatemala ($10.3k), Honduras ($1.65k), and Ireland ($573).

Imports In 2022, Nicaragua imported $18.4M in Beauty Products, becoming the 124th largest importer of Beauty Products in the world. At the same year, Beauty Products was the 106th most imported product in Nicaragua. Nicaragua imports Beauty Products primarily from: Guatemala ($6.71M), Mexico ($4.29M), Poland ($1.04M), United States ($1.02M), and Spain ($867k).

The fastest growing import markets in Beauty Products for Nicaragua between 2021 and 2022 were Guatemala ($942k), Germany ($302k), and Brazil ($208k).

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 Beauty Products. 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)$34.1k
IMPORTS (2022)$18.4M
NET TRADE (2022)-$18.4M

In 2022, Nicaragua exported $34.1k in Beauty Products. The main destinations of Nicaragua exports on Beauty Products were Guatemala ($11.1k), Honduras ($6.65k), El Salvador ($5.7k), Panama ($5.4k), and Costa Rica ($1.87k).

In 2022, Nicaragua imported $18.4M in Beauty Products, mainly from Guatemala ($6.71M), Mexico ($4.29M), Poland ($1.04M), United States ($1.02M), and Spain ($867k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Guatemala$10.3k (1.31k%)
Honduras$1.65k (33.1%)
Ireland$573 (47.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY Nicaragua WERE (2021 - 2022):
El Salvador-$19.3k (-77.2%)
Panama-$15.2k (-73.8%)
Costa Rica-$4.51k (-70.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Beauty Products were:
France $10.8B
South Korea $7.09B
United States $6.02B
In 2022, Nicaragua's main importing competitors in Beauty Products were:
China $11.1B
United States $5.77B
Hong Kong $3.78B

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Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $8.43k
TOP IMPORT POTENTIALUnited States+ $1.02M

Beauty Products’s highest export potential is Guatemala. With an export gap of $8.43k.   Beauty Products’s highest import potential is United States with an import gap of $1.02M.

See methodology.

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