2023
Exports
$15.3MWorld Rnk 51 / 208
Flag Rnk 49 / 852
2023
PRODUCT COMPLEXITY IN Knit Men's Shirts
-1.58Rnk 956 / 1025
2023
Imports
$4.27MWorld Rnk 90 / 222
Flag Rnk 278 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $15.3M in Knit Men's Shirts, making it the 51st largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 49th most exported product in Nicaragua. The main destination of Knit Men's Shirts exports from Nicaragua are: United States ($14M), Honduras ($335k), Costa Rica ($215k), Chile ($129k), and Thailand ($107k).

The fastest growing export markets for Knit Men's Shirts of Nicaragua between 2022 and 2023 were Costa Rica ($152k), Mexico ($59.1k), and Belgium ($58.3k).

Imports In 2023, Nicaragua imported $4.27M in Knit Men's Shirts, becoming the 90th largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 278th most imported product in Nicaragua. Nicaragua imports Knit Men's Shirts primarily from: El Salvador ($1.94M), China ($637k), India ($451k), Honduras ($315k), and Guatemala ($160k).

The fastest growing import markets in Knit Men's Shirts for Nicaragua between 2022 and 2023 were India ($334k), Honduras ($197k), and Canada ($116k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Knit Men's Shirts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$15.3M
IMPORTS (2023)$4.27M
NET TRADE (2023)$11.1M

In 2023, Nicaragua exported $15.3M in Knit Men's Shirts. The main destinations of Nicaragua exports on Knit Men's Shirts were United States ($14M), Honduras ($335k), Costa Rica ($215k), Chile ($129k), and Thailand ($107k).

In 2023, Nicaragua imported $4.27M in Knit Men's Shirts, mainly from El Salvador ($1.94M), China ($637k), India ($451k), Honduras ($315k), and Guatemala ($160k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
Costa Rica$152k (242%)
Mexico$59.1k (224%)
Belgium$58.3k (1.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Nicaragua WERE (2022 - 2023):
United States-$13.8M (-49.6%)
South Korea-$448k (-98.5%)
Honduras-$337k (-50.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Nicaragua's main exporting competitors in Knit Men's Shirts were:
In 2023, Nicaragua's main importing competitors in Knit Men's Shirts were:

Explore Visualizations

Trade Value of Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.1M
TOP IMPORT POTENTIALChina+ $333k

Knit Men's Shirts’s highest export potential is United States. With an export gap of $10.1M.   Knit Men's Shirts’s highest import potential is China with an import gap of $333k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with