2023
Exports
$2.25MWorld Rnk 69 / 158
Flag Rnk 113 / 852
2023
PRODUCT COMPLEXITY IN Non-Retail Synthetic Filament Yarn
0.15Rnk 506 / 1025
2023
Imports
$4.34MWorld Rnk 101 / 211
Flag Rnk 273 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $2.25M in Non-Retail Synthetic Filament Yarn, making it the 69th largest exporter of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 113th most exported product in Nicaragua. The main destination of Non-Retail Synthetic Filament Yarn exports from Nicaragua are: Guatemala ($1.19M), United States ($710k), El Salvador ($122k), Honduras ($114k), and China ($111k).

The fastest growing export markets for Non-Retail Synthetic Filament Yarn of Nicaragua between 2022 and 2023 were China ($111k) and South Korea ($1).

Imports In 2023, Nicaragua imported $4.34M in Non-Retail Synthetic Filament Yarn, becoming the 101st largest importer of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 273rd most imported product in Nicaragua. Nicaragua imports Non-Retail Synthetic Filament Yarn primarily from: Honduras ($1.83M), Guatemala ($701k), United States ($504k), South Korea ($312k), and China ($276k).

The fastest growing import markets in Non-Retail Synthetic Filament Yarn for Nicaragua between 2022 and 2023 were Guatemala ($513k), Dominican Republic ($195k), and Turkey ($69.9k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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-Retail Synthetic Filament Yarn. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$2.25M
IMPORTS (2023)$4.34M
NET TRADE (2023)-$2.09M

In 2023, Nicaragua exported $2.25M in Non-Retail Synthetic Filament Yarn. The main destinations of Nicaragua exports on Non-Retail Synthetic Filament Yarn were Guatemala ($1.19M), United States ($710k), El Salvador ($122k), Honduras ($114k), and China ($111k).

In 2023, Nicaragua imported $4.34M in Non-Retail Synthetic Filament Yarn, mainly from Honduras ($1.83M), Guatemala ($701k), United States ($504k), South Korea ($312k), and China ($276k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Synthetic Filament Yarn EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
China$111k (1%)
South Korea$1 (33.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Synthetic Filament Yarn BY Nicaragua WERE (2022 - 2023):
El Salvador-$4.65M (-97.4%)
Honduras-$1.11M (-90.6%)
Guatemala-$242k (-16.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Nicaragua's main exporting competitors in Non-Retail Synthetic Filament Yarn were:
China $7.94B
India $870M
In 2023, Nicaragua's main importing competitors in Non-Retail Synthetic Filament Yarn were:

Explore Visualizations

Trade Value of Non-Retail Synthetic Filament Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.09M
TOP IMPORT POTENTIALChina+ $1.12M

Non-Retail Synthetic Filament Yarn’s highest export potential is United States. With an export gap of $1.09M.   Non-Retail Synthetic Filament Yarn’s highest import potential is China with an import gap of $1.12M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with