2022
Exports
$659kWorld Rnk 93 / 180
Flag Rnk 193 / 877
2022
PRODUCT COMPLEXITY IN Light Rubberized Knitted Fabric
-0.28Rnk 640 / 1025
2022
Imports
$510MWorld Rnk 18 / 215
Flag Rnk 3 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $659k in Light Rubberized Knitted Fabric, making it the 93rd largest exporter of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 193rd most exported product in Nicaragua. The main destination of Light Rubberized Knitted Fabric exports from Nicaragua are: Guatemala ($428k), Indonesia ($117k), Costa Rica ($32.7k), Dominican Republic ($31.8k), and El Salvador ($26.1k).

The fastest growing export markets for Light Rubberized Knitted Fabric of Nicaragua between 2021 and 2022 were Guatemala ($255k), Indonesia ($117k), and Dominican Republic ($31.8k).

Imports In 2022, Nicaragua imported $510M in Light Rubberized Knitted Fabric, becoming the 18th largest importer of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 3rd most imported product in Nicaragua. Nicaragua imports Light Rubberized Knitted Fabric primarily from: Guatemala ($173M), China ($141M), United States ($72.2M), India ($33.5M), and Honduras ($27M).

The fastest growing import markets in Light Rubberized Knitted Fabric for Nicaragua between 2021 and 2022 were Guatemala ($23.7M), Pakistan ($16.4M), and Mexico ($9.59M).

Latest Trends

Sep 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 Light Rubberized Knitted Fabric. 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)$659k
IMPORTS (2022)$510M
NET TRADE (2022)-$510M

In 2022, Nicaragua exported $659k in Light Rubberized Knitted Fabric. The main destinations of Nicaragua exports on Light Rubberized Knitted Fabric were Guatemala ($428k), Indonesia ($117k), Costa Rica ($32.7k), Dominican Republic ($31.8k), and El Salvador ($26.1k).

In 2022, Nicaragua imported $510M in Light Rubberized Knitted Fabric, mainly from Guatemala ($173M), China ($141M), United States ($72.2M), India ($33.5M), and Honduras ($27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Light Rubberized Knitted Fabric EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Guatemala$255k (148%)
Indonesia$117k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Rubberized Knitted Fabric BY Nicaragua WERE (2021 - 2022):
Honduras-$240k (-99.3%)
Costa Rica-$32.8k (-50%)
South Korea-$4.56k (-70.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Light Rubberized Knitted Fabric were:
In 2022, Nicaragua's main importing competitors in Light Rubberized Knitted Fabric were:

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Trade Value of Light Rubberized Knitted Fabric by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALHonduras+ $925
TOP IMPORT POTENTIALChina+ $12.8k

Light Rubberized Knitted Fabric’s highest export potential is Honduras. With an export gap of $925.   Light Rubberized Knitted Fabric’s highest import potential is China with an import gap of $12.8k.

See methodology.

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