2023
Exports
$87.4MWorld Rnk 12 / 186
Flag Rnk 17 / 852
2023
PRODUCT COMPLEXITY IN Knit Women's Shirts
-1.45Rnk 939 / 1025
2023
Imports
$1.98MWorld Rnk 90 / 218
Flag Rnk 413 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $87.4M 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 17th most exported product in Nicaragua. The main destination of Knit Women's Shirts exports from Nicaragua are: United States ($85.8M), Canada ($721k), Mexico ($512k), El Salvador ($131k), and Costa Rica ($56.4k).

The fastest growing export markets for Knit Women's Shirts of Nicaragua between 2022 and 2023 were United States ($21.2M), Canada ($662k), and Malaysia ($37.6k).

Imports In 2023, Nicaragua imported $1.98M in Knit Women's Shirts, becoming the 90th largest importer of Knit Women's Shirts in the world. At the same year, Knit Women's Shirts was the 413th most imported product in Nicaragua. Nicaragua imports Knit Women's Shirts primarily from: China ($1.11M), Indonesia ($239k), Vietnam ($147k), El Salvador ($97.4k), and Guatemala ($96.4k).

The fastest growing import markets in Knit Women's Shirts for Nicaragua between 2022 and 2023 were Indonesia ($233k), Vietnam ($129k), and Guatemala ($29.1k).

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 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 (2023)$87.4M
IMPORTS (2023)$1.98M
NET TRADE (2023)$85.4M

In 2023, Nicaragua exported $87.4M in Knit Women's Shirts. The main destinations of Nicaragua exports on Knit Women's Shirts were United States ($85.8M), Canada ($721k), Mexico ($512k), El Salvador ($131k), and Costa Rica ($56.4k).

In 2023, Nicaragua imported $1.98M in Knit Women's Shirts, mainly from China ($1.11M), Indonesia ($239k), Vietnam ($147k), El Salvador ($97.4k), and Guatemala ($96.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Shirts EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
United States$21.2M (32.8%)
Canada$662k (1.12k%)
Malaysia$37.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Shirts BY Nicaragua WERE (2022 - 2023):
Mexico-$257k (-33.4%)
Honduras-$110k (-93.6%)
South Korea-$63.4k (-98.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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