2023
Exports
$85World Rnk 135 / 143
Flag Rnk 808 / 852
2023
PRODUCT COMPLEXITY IN Electrical Insulators
0.91Rnk 200 / 1025
2023
Imports
$678kWorld Rnk 137 / 206
Flag Rnk 583 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $85 in Electrical Insulators, making it the 135th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 808th most exported product in Nicaragua. The main destination of Electrical Insulators exports from Nicaragua are: United States ($85).

The fastest growing export markets for Electrical Insulators of Nicaragua between 2022 and 2023 were United States ($85).

Imports In 2023, Nicaragua imported $678k in Electrical Insulators, becoming the 137th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 583rd most imported product in Nicaragua. Nicaragua imports Electrical Insulators primarily from: China ($238k), Colombia ($156k), United States ($128k), Brazil ($48.8k), and India ($30.6k).

The fastest growing import markets in Electrical Insulators for Nicaragua between 2022 and 2023 were Colombia ($65.4k), Brazil ($32.5k), and India ($13.8k).

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 Electrical Insulators. 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)$85
IMPORTS (2023)$678k
NET TRADE (2023)-$678k

In 2023, Nicaragua exported $85 in Electrical Insulators. The main destinations of Nicaragua exports on Electrical Insulators were United States ($85).

In 2023, Nicaragua imported $678k in Electrical Insulators, mainly from China ($238k), Colombia ($156k), United States ($128k), Brazil ($48.8k), and India ($30.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):United States$85 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Nicaragua WERE (2022 - 2023):Costa Rica-$449 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Electrical Insulators were:
In 2023, Nicaragua's main importing competitors in Electrical Insulators were:

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Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $625
TOP IMPORT POTENTIALChina+ $121k

Electrical Insulators’s highest export potential is United States. With an export gap of $625.   Electrical Insulators’s highest import potential is China with an import gap of $121k.

See methodology.

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