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2022
Flag → Flag
Exports $7.63MRnk 146 / 198
2022
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Top Product $2.42MMedical Instruments
2022
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Exports $24.4MRnk 24 / 148
2022
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Top Product $11.9MProcessed Crustaceans
2022
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Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
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Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
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GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
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 GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
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GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
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GDP PC $48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186
2022
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GDP PC$2,255CURRENT US$
Rnk 142 / 186
2012-2022
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GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186

About

Hong Kong-Nicaragua In 2022, Hong Kong exported $7.63M to Nicaragua. The main products that Hong Kong exported to Nicaragua are Medical Instruments ($2.42M), Light Rubberized Knitted Fabric ($695k), and Pesticides ($331k). During the last 27 years the exports of Hong Kong to Nicaragua have decreased at an annualized rate of 2.06%, from $13.4M in 1995 to $7.63M in 2022.

In 2022, Hong Kong did not export any services to Nicaragua.

Nicaragua-Hong Kong In 2022, Nicaragua exported $24.4M to Hong Kong. The main products that Nicaragua exported to Hong Kong were Processed Crustaceans ($11.9M), Ground Nut Oil ($6.76M), and Rolled Tobacco ($3.47M). During the last 27 years the exports of Nicaragua to Hong Kong have increased at an annualized rate of 10.7%, from $1.57M in 1995 to $24.4M in 2022.

In 2022, Nicaragua did not export any services to Hong Kong.

Comparison In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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 2022, Hong Kong exported $7.63M to Nicaragua. The main products exported from Hong Kong to Nicaragua were Medical Instruments ($2.42M), Light Rubberized Knitted Fabric ($695k), and Pesticides ($331k). During the last 27 years the exports of Hong Kong to Nicaragua have decreased at an annualized rate of 2.06%, from $13.4M in 1995 to $7.63M in 2022.

In 2022, Nicaragua exported $24.4M to Hong Kong. The main products exported from Nicaragua to Hong Kong were Processed Crustaceans ($11.9M), Ground Nut Oil ($6.76M), and Rolled Tobacco ($3.47M). During the last 27 years the exports of Nicaragua to Hong Kong have increased at an annualized rate of 10.7%, from $1.57M in 1995 to $24.4M in 2022.

Exports from Hong Kong (Flag) to Nicaragua (Flag) (2022)

Exports from Nicaragua (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Nicaragua (Flag)

Hong Kong Exports

Nicaragua Exports

Date

Market Competitiveness

Color
Hong Kong
Top DestinationChina$23.4B
Nicaragua
Top DestinationUnited States$4.09B

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

In 2021, countries that imported more from Hong Kong than Nicaragua were China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2021, countries that imported more from Nicaragua than Hong Kong were Honduras ($541M), El Salvador ($437M), and United States ($4.09B).

Difference in imports from Nicaragua (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Nicaragua

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Nicaragua in the exports of Instruments ($2.69M), Textiles ($1.35M), and Machines ($822k).

During 2022, Nicaragua had a large net trade with Hong Kong in the exports of Foodstuffs ($15.4M), Animal and Vegetable Bi-Products ($6.76M), and Animal Products ($1.23M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Hong Kong has comparative advantage over Nicaragua. Similarly, the more yellow a dot/product is, the more Nicaragua has comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Nicaragua (Flag) (2022)

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