2022
Exports
$8.31MWorld Rnk 59 / 158
Flag Rnk 68 / 877
2022
PRODUCT COMPLEXITY IN Non-Retail Synthetic Filament Yarn
0.016Rnk 540 / 1025
2022
Imports
$7.31MWorld Rnk 92 / 210
Flag Rnk 214 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $8.31M in Non-Retail Synthetic Filament Yarn, making it the 59th largest exporter of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 68th most exported product in Nicaragua. The main destination of Non-Retail Synthetic Filament Yarn exports from Nicaragua are: El Salvador ($4.89M), Guatemala ($1.43M), Honduras ($1.22M), United States ($772k), and Costa Rica ($251).

The fastest growing export markets for Non-Retail Synthetic Filament Yarn of Nicaragua between 2021 and 2022 were El Salvador ($2.52M), Honduras ($1.21M), and Guatemala ($382k).

Imports In 2022, Nicaragua imported $7.31M in Non-Retail Synthetic Filament Yarn, becoming the 92nd largest importer of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 214th most imported product in Nicaragua. Nicaragua imports Non-Retail Synthetic Filament Yarn primarily from: Honduras ($3.05M), China ($1.7M), Costa Rica ($700k), South Korea ($444k), and United States ($368k).

The fastest growing import markets in Non-Retail Synthetic Filament Yarn for Nicaragua between 2021 and 2022 were Honduras ($1.81M), India ($335k), and South Korea ($208k).

COMPANIES In 2023, leading companies such as Family Tobacco Traders (1) were at the forefront of shipping Non-Retail Synthetic Filament Yarn from Nicaragua to the United States.

Latest Trends

Jul 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-Retail Synthetic Filament Yarn. 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)$8.31M
IMPORTS (2022)$7.31M
NET TRADE (2022)$995k

In 2022, Nicaragua exported $8.31M in Non-Retail Synthetic Filament Yarn. The main destinations of Nicaragua exports on Non-Retail Synthetic Filament Yarn were El Salvador ($4.89M), Guatemala ($1.43M), Honduras ($1.22M), United States ($772k), and Costa Rica ($251).

In 2022, Nicaragua imported $7.31M in Non-Retail Synthetic Filament Yarn, mainly from Honduras ($3.05M), China ($1.7M), Costa Rica ($700k), South Korea ($444k), and United States ($368k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Synthetic Filament Yarn EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
El Salvador$2.52M (106%)
Honduras$1.21M (19.2k%)
Guatemala$382k (36.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Synthetic Filament Yarn BY Nicaragua WERE (2021 - 2022):Costa Rica-$280 (-52.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Non-Retail Synthetic Filament Yarn were:
China $8.27B
India $1.18B
Vietnam $1.08B
In 2022, Nicaragua's main importing competitors in Non-Retail Synthetic Filament Yarn were:

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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.

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