Overview: In 2018 Nicaragua was the number 132 economy in the world in terms of GDP (current US$), the number 111 in total exports, the number 117 in total imports, and the number 117 most complex economy according to the Economic Complexity Index (ECI). In 2018, Nicaragua exported $5.25B and imported $6.76B, resulting in a negative trade balance of -$1.52B. In 2018, Nicaragua's exports per capita were $812 and its imports per capita were $1.05k.
Trade: The top exports of Nicaragua are Knit T-shirts ($629M), Insulated Wire ($537M), Gold ($457M), Coffee ($433M), and Frozen Bovine Meat ($264M). The top imports of Nicaragua are Refined Petroleum ($516M), Light Rubberized Knitted Fabric ($410M), Knit T-shirts ($335M), Crude Petroleum ($260M), and Insulated Wire ($222M).
Destinations: Nicaragua exports mostly to United States ($3.14B), Mexico ($289M), El Salvador ($285M), Honduras ($220M), and Costa Rica ($156M), and imports mostly from United States ($1.66B), Mexico ($870M), China ($760M), Honduras ($565M), and Costa Rica ($480M).
Location: Nicaragua borders Costa Rica and Honduras by land and Colombia and El Salvador by sea.