2022
Exports
$104MWorld Rnk 12 / 196
Flag Rnk 15 / 877
2022
PRODUCT COMPLEXITY IN Knit Women's Shirts
-1.35Rnk 923 / 1025
2022
Imports
$1.18MWorld Rnk 100 / 221
Flag Rnk 485 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $104M in Knit Women's Shirts, making it the 12th largest exporter of Knit Women's Shirts in the world. At the same year, Knit Women's Shirts was the 15th most exported product in Nicaragua. The main destination of Knit Women's Shirts exports from Nicaragua are: United States ($103M), Mexico ($769k), El Salvador ($239k), Honduras ($117k), and Canada ($58.9k).

The fastest growing export markets for Knit Women's Shirts of Nicaragua between 2021 and 2022 were Mexico ($755k), Honduras ($106k), and El Salvador ($76.2k).

Imports In 2022, Nicaragua imported $1.18M in Knit Women's Shirts, becoming the 100th largest importer of Knit Women's Shirts in the world. At the same year, Knit Women's Shirts was the 485th most imported product in Nicaragua. Nicaragua imports Knit Women's Shirts primarily from: China ($739k), El Salvador ($77.6k), Bangladesh ($56.2k), India ($51.6k), and Honduras ($42.5k).

The fastest growing import markets in Knit Women's Shirts for Nicaragua between 2021 and 2022 were Bangladesh ($24.8k), India ($18.9k), and United States ($12.7k).

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 Knit Women's Shirts. 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)$104M
IMPORTS (2022)$1.18M
NET TRADE (2022)$103M

In 2022, Nicaragua exported $104M in Knit Women's Shirts. The main destinations of Nicaragua exports on Knit Women's Shirts were United States ($103M), Mexico ($769k), El Salvador ($239k), Honduras ($117k), and Canada ($58.9k).

In 2022, Nicaragua imported $1.18M in Knit Women's Shirts, mainly from China ($739k), El Salvador ($77.6k), Bangladesh ($56.2k), India ($51.6k), and Honduras ($42.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Shirts EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Mexico$755k (5.42k%)
Honduras$106k (930%)
El Salvador$76.2k (46.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Shirts BY Nicaragua WERE (2021 - 2022):
United States-$59.8M (-36.8%)
Panama-$152k (-99.8%)
Germany-$125k (-90.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Knit Women's Shirts were:
In 2022, Nicaragua's main importing competitors in Knit Women's Shirts were:

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Trade Value of Knit Women's Shirts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMexico+ $1.16M
TOP IMPORT POTENTIALBangladesh+ $73.3k

Knit Women's Shirts’s highest export potential is Mexico. With an export gap of $1.16M.   Knit Women's Shirts’s highest import potential is Bangladesh with an import gap of $73.3k.

See methodology.

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