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2021
Flag → Flag
Exports $743Rnk 15 / 0
2021
Flag → Flag
Exports $235Rnk 145 / 148
2021
Flag → Flag
Top Product $70Packaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
Flag  
GDP$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC $37,152CURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP PC GROWTH-20.7%CURRENT US$
Rnk 174 / 186
2022
Flag
GDP PC$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186

About

Brunei-Nicaragua Trade: In 2021, Brunei exported $743 to Nicaragua. The main products that Brunei exported to Nicaragua were N/A. Over the past 11 years the exports of Brunei to Nicaragua have decreased at an annualized rate of 25.3%, from $18.3k in 2010 to $743 in 2021.

In 2021, Brunei did not export any services to Nicaragua.

Nicaragua-Brunei Trade: In 2021, Nicaragua exported $235 to Brunei. The main products that Nicaragua exported to Brunei were Packaged Medicaments ($70), Non-Knit Men's Suits ($58), and Cellulose Fibers Paper ($47). Over the past 11 years the exports of Nicaragua to Brunei have decreased at an annualized rate of 39.6%,  from $2.93k in 2010 to $235 in 2021.

In 2021, Nicaragua did not export any services to Brunei.

Comparison In 2022,  Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index. That same year, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Brunei exported $743 to Nicaragua. There were not main exports from Brunei to Nicaragua in 2021. During the last 11 years the exports of Brunei to Nicaragua have decreased at an annualized rate of 25.3%, from $18.3k in 2010 to $743 in 2021.

In 2017, Nicaragua exported $235 to Brunei. The main products exported from Nicaragua to Brunei were Packaged Medicaments ($70), Non-Knit Men's Suits ($58), and Cellulose Fibers Paper ($47). During the last 5 years the exports of Nicaragua to Brunei have decreased at an annualized rate of 39.6%, from $2.93k in 2022 to $235 in 2017.

Exports from Brunei (Flag) to Nicaragua (Flag) (2022)

Exports from Nicaragua (Flag) to Brunei (Flag) (2022)

Market Competitiveness

Color
Brunei
Top DestinationAustralia$2.66B
Nicaragua
Top DestinationUnited States$4.09B

This map shows whether countries import more from Brunei or Nicaragua. Each country is colored based on the difference in imports they receive from Brunei and Nicaragua or the difference in the growth in imports.

In 2022, countries that imported more from Brunei than Nicaragua included Australia ($2.66B), Japan ($2.32B), and China ($2.19B).

In 2022, countries that imported more from Nicaragua than Brunei included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

Difference in imports from Nicaragua (Flag) and Brunei (Flag) (2022)

Comparative Advantage Brunei - Nicaragua

Flow
Scale

This chart compares trade between Brunei and Nicaragua by product, considering products traded by both, Brunei and Nicaragua.

During 2021, Brunei had a large net trade with Nicaragua in the exports of .

During 2017, Nicaragua had a large net trade with Brunei in the exports of Textiles ($78), Chemical Products ($70), and Paper Goods ($47).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brunei and Nicaragua. This means that a dot/product with the flag of Brunei indicates it has a comparative advantage over Nicaragua. Similarly, a dot/product with the flag of Nicaragua indicates it has a comparative advantage over Brunei.

Product Space of Brunei (Flag) and Nicaragua (Flag) (2022)

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