2022
Exports
$584World Rnk 156 / 170
Flag Rnk 733 / 877
2022
PRODUCT COMPLEXITY IN Cement
-1.46Rnk 943 / 1025
2022
Imports
$35.7MWorld Rnk 91 / 224
Flag Rnk 55 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $584 in Cement, making it the 156th largest exporter of Cement in the world. At the same year, Cement was the 733rd most exported product in Nicaragua. The main destination of Cement exports from Nicaragua are: Costa Rica ($409), El Salvador ($95), Switzerland ($60), and Panama ($20).

The fastest growing export markets for Cement of Nicaragua between 2021 and 2022 were Costa Rica ($333), Switzerland ($60), and Panama ($20).

Imports In 2022, Nicaragua imported $35.7M in Cement, becoming the 91st largest importer of Cement in the world. At the same year, Cement was the 55th most imported product in Nicaragua. Nicaragua imports Cement primarily from: Costa Rica ($14.7M), El Salvador ($7.83M), Ecuador ($4.17M), Mexico ($2.78M), and Panama ($2.16M).

The fastest growing import markets in Cement for Nicaragua between 2021 and 2022 were El Salvador ($2.75M), Ecuador ($2.6M), and Vietnam ($1.96M).

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 Cement. 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)$584
IMPORTS (2022)$35.7M
NET TRADE (2022)-$35.7M

In 2022, Nicaragua exported $584 in Cement. The main destinations of Nicaragua exports on Cement were Costa Rica ($409), El Salvador ($95), Switzerland ($60), and Panama ($20).

In 2022, Nicaragua imported $35.7M in Cement, mainly from Costa Rica ($14.7M), El Salvador ($7.83M), Ecuador ($4.17M), Mexico ($2.78M), and Panama ($2.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Costa Rica$333 (438%)
Switzerland$60 (1%)
Panama$20 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Nicaragua WERE (2021 - 2022):
El Salvador-$39.1k (-99.8%)
Guatemala-$37.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $950
TOP IMPORT POTENTIALVietnam+ $711k

Cement’s highest export potential is United States. With an export gap of $950.   Cement’s highest import potential is Vietnam with an import gap of $711k.

See methodology.

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