HS Icon Locust beans, seaweed, sugar beet, cane, for food in  Flag Nicaragua

2019
Exports | Imports
: $269k | $3.7k, World Rnk 87 / 162
Flag Rnk 246 / 869 | World Rnk 158 / 196
Flag Rnk 1026 / 1114

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $892 | $3.06k, Germany |  United States

2019
ECONOMIC COMPLEXITY of Nicaragua
: -1.06, Rnk 126 / 147

2019
PRODUCT COMPLEXITY  IN Locust beans, seaweed, sugar beet, cane, for food
: -1.71, Rnk 978 / 1029

Exports In 2019, Nicaragua exported $269k in Locust beans, seaweed, sugar beet, cane, for food, making it the 87th largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 246th most exported product in Nicaragua. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Nicaragua are: United States ($267k), Germany ($892), Italy ($420), Bosnia and Herzegovina ($114), and Costa Rica ($11).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Nicaragua between 2018 and 2019 were Germany ($892), Bosnia and Herzegovina ($114), and Costa Rica ($6).

Imports In 2019, Nicaragua imported $3.7k in Locust beans, seaweed, sugar beet, cane, for food, becoming the 158th largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 1026th most imported product in Nicaragua. Nicaragua imports Locust beans, seaweed, sugar beet, cane, for food primarily from: United States ($3.47k) and Chinese Taipei ($226).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Nicaragua between 2018 and 2019 were United States ($3.06k) and Chinese Taipei ($226).

Tariffs In 2018, the average tariff for Nicaragua in Locust beans, seaweed, sugar beet, cane, for food was 1.39%. The countries with the highest import tariffs for Locust beans, seaweed, sugar beet, cane, for food were Cyprus (Preferential tariff for European Union countries, 4%), Austria (Preferential tariff for European Union countries, 4%), Belgium (Preferential tariff for European Union countries, 4%), Bulgaria (Preferential tariff for European Union countries, 4%), and Czechia (Preferential tariff for European Union countries, 4%).

Historical Data

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EXPORTS (2019): $269k

IMPORTS (2019): $3.7k

NET TRADE (2019): $265k

In 2019, Nicaragua exported $269k in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Nicaragua exports on Locust beans, seaweed, sugar beet, cane, for food were United States ($267k), Germany ($892), Italy ($420), Bosnia and Herzegovina ($114), and Costa Rica ($11).

In 2019, Nicaragua imported $3.7k in Locust beans, seaweed, sugar beet, cane, for food, mainly from United States ($3.47k) and Chinese Taipei ($226).

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IN 2019, Nicaragua HAD A POSITIVE NET TRADE IN Locust beans, seaweed, sugar beet, cane, for food WITH:: United States , $264k ($267k - $3.47k)

Flow

THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Nicaragua WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Nicaragua WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Nicaragua's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:

In 2019, Nicaragua's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:

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Tariffs by Country

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In 2018, the average tariff for Nicaragua in Locust beans, seaweed, sugar beet, cane, for food was 1.39%.

The countries with the highest tariffs for Locust beans, seaweed, sugar beet, cane, for food in Nicaragua were Cyprus (Preferential tariff for European Union countries, 4%), Austria (Preferential tariff for European Union countries, 4%), Belgium (Preferential tariff for European Union countries, 4%), Bulgaria (Preferential tariff for European Union countries, 4%), and Czechia (Preferential tariff for European Union countries, 4%).