2022
Exports
$53.8MWorld Rnk 7 / 181
Flag Rnk 23 / 877
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Undergarments
-1.31Rnk 914 / 1025
2022
Imports
$436kWorld Rnk 125 / 214
Flag Rnk 648 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $53.8M in Non-Knit Men's Undergarments, making it the 7th largest exporter of Non-Knit Men's Undergarments in the world. At the same year, Non-Knit Men's Undergarments was the 23rd most exported product in Nicaragua. The main destination of Non-Knit Men's Undergarments exports from Nicaragua are: United States ($53.4M), Canada ($235k), Netherlands ($63.1k), Dominican Republic ($13.5k), and South Korea ($11.5k).

The fastest growing export markets for Non-Knit Men's Undergarments of Nicaragua between 2021 and 2022 were Canada ($106k), Dominican Republic ($13.5k), and Spain ($7.35k).

Imports In 2022, Nicaragua imported $436k in Non-Knit Men's Undergarments, becoming the 125th largest importer of Non-Knit Men's Undergarments in the world. At the same year, Non-Knit Men's Undergarments was the 648th most imported product in Nicaragua. Nicaragua imports Non-Knit Men's Undergarments primarily from: China ($305k), Mexico ($37.5k), Costa Rica ($29k), Bangladesh ($10.9k), and Vietnam ($7.52k).

The fastest growing import markets in Non-Knit Men's Undergarments for Nicaragua between 2021 and 2022 were China ($132k), Mexico ($15.8k), and Guatemala ($5.52k).

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 Non-Knit Men's Undergarments. 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)$53.8M
IMPORTS (2022)$436k
NET TRADE (2022)$53.3M

In 2022, Nicaragua exported $53.8M in Non-Knit Men's Undergarments. The main destinations of Nicaragua exports on Non-Knit Men's Undergarments were United States ($53.4M), Canada ($235k), Netherlands ($63.1k), Dominican Republic ($13.5k), and South Korea ($11.5k).

In 2022, Nicaragua imported $436k in Non-Knit Men's Undergarments, mainly from China ($305k), Mexico ($37.5k), Costa Rica ($29k), Bangladesh ($10.9k), and Vietnam ($7.52k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Undergarments EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Canada$106k (82.1%)
Spain$7.35k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Undergarments BY Nicaragua WERE (2021 - 2022):
United States-$12.5M (-18.9%)
Honduras-$14.3k (-99.3%)
Germany-$8.56k (-99.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Non-Knit Men's Undergarments were:
In 2022, Nicaragua's main importing competitors in Non-Knit Men's Undergarments were:

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Trade Value of Non-Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $296k
TOP IMPORT POTENTIALChina+ $41.8k

Non-Knit Men's Undergarments’s highest export potential is Canada. With an export gap of $296k.   Non-Knit Men's Undergarments’s highest import potential is China with an import gap of $41.8k.

See methodology.

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