Nicaragua

Overview In 2023, Nicaragua was the number 127 economy in the world in terms of GDP (current US$), the number 110 in total exports, the number 111 in total imports, the number 145 economy in terms of GDP per capita (current US$) and the number 111 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Nicaragua are Gold ($1.24B), Insulated Wire ($1.17B), Knit T-shirts ($986M), Coffee ($719M), and Rolled Tobacco ($440M), exporting mostly to United States ($4.38B), Mexico ($1.04B), El Salvador ($488M), Canada ($476M), and Switzerland ($313M).

Imports The top imports of Nicaragua are Refined Petroleum ($789M), Crude Petroleum ($575M), Knit T-shirts ($488M), Packaged Medicaments ($382M), and Light Rubberized Knitted Fabric ($360M), importing mostly from United States ($2.7B), China ($1.41B), Mexico ($1.01B), Honduras ($980M), and Guatemala ($939M).

Location Nicaragua borders Costa Rica and Honduras by land and Colombia and El Salvador by sea.