2022
Exports
$5.72kWorld Rnk 140 / 181
Flag Rnk 591 / 877
2022
PRODUCT COMPLEXITY IN Optical Fibers and optical fibre bundles
1.02Rnk 166 / 1025
2022
Imports
$3.97MWorld Rnk 98 / 215
Flag Rnk 293 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $5.72k in Optical Fibers and optical fibre bundles, making it the 140th largest exporter of Optical Fibers and optical fibre bundles in the world. At the same year, Optical Fibers and optical fibre bundles was the 591st most exported product in Nicaragua. The main destination of Optical Fibers and optical fibre bundles exports from Nicaragua are: Costa Rica ($2.34k), Honduras ($1.1k), Panama ($1.01k), El Salvador ($786), and Dominican Republic ($436).

The fastest growing export markets for Optical Fibers and optical fibre bundles of Nicaragua between 2021 and 2022 were Dominican Republic ($436) and Iceland ($52).

Imports In 2022, Nicaragua imported $3.97M in Optical Fibers and optical fibre bundles, becoming the 98th largest importer of Optical Fibers and optical fibre bundles in the world. At the same year, Optical Fibers and optical fibre bundles was the 293rd most imported product in Nicaragua. Nicaragua imports Optical Fibers and optical fibre bundles primarily from: N/A.

The fastest growing import markets in Optical Fibers and optical fibre bundles for Nicaragua between 2021 and 2022 were India ($215k), Thailand ($103k), and Ireland ($43.3k).

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 Optical Fibers and optical fibre bundles. 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)$5.72k
IMPORTS (2022)$3.97M
NET TRADE (2022)-$3.96M

In 2022, Nicaragua exported $5.72k in Optical Fibers and optical fibre bundles. The main destinations of Nicaragua exports on Optical Fibers and optical fibre bundles were Costa Rica ($2.34k), Honduras ($1.1k), Panama ($1.01k), El Salvador ($786), and Dominican Republic ($436).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Optical Fibers and optical fibre bundles EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Iceland$52 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Optical Fibers and optical fibre bundles BY Nicaragua WERE (2021 - 2022):
Costa Rica-$57.1k (-96.1%)
China-$47.9k (-100%)
United States-$33.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Optical Fibers and optical fibre bundles were:
In 2022, Nicaragua's main importing competitors in Optical Fibers and optical fibre bundles were:

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Trade Value of Optical Fibers and optical fibre bundles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCosta Rica+ $2.85k
TOP IMPORT POTENTIALChina+ $616k

Optical Fibers and optical fibre bundles’s highest export potential is Costa Rica. With an export gap of $2.85k.   Optical Fibers and optical fibre bundles’s highest import potential is China with an import gap of $616k.

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