2022
Flag  
GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
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GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH
48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC 
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC
$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH
29.1%CURRENT US$
Rnk 66 / 186

About

Indonesia-Nicaragua In 2022, Indonesia exported $50.5M to Nicaragua. The main products that Indonesia exported to Nicaragua are Cars ($15.6M), Raw Tobacco ($8.95M), and Broadcasting Equipment ($6.92M). During the last 27 years the exports of Indonesia to Nicaragua have increased at an annualized rate of 15%, from $1.15M in 1995 to $50.5M in 2022.

In 2022, Indonesia did not export any services to Nicaragua.

Nicaragua-Indonesia In 2022, Nicaragua exported $225k to Indonesia. The main products that Nicaragua exported to Indonesia were Light Rubberized Knitted Fabric ($117k), Labels ($25k), and Hard Liquor ($19.1k). During the last 27 years the exports of Nicaragua to Indonesia have decreased at an annualized rate of 3.73%, from $628k in 1995 to $225k in 2022.

In 2022, Nicaragua did not export any services to Indonesia.

Comparison In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.078), and 26 in total exports ($320B). That same year, Nicaragua ranked 107 in the Economic Complexity Index (ECI -1.03), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Indonesia exported $50.5M to Nicaragua. The main products exported from Indonesia to Nicaragua were Cars ($15.6M), Raw Tobacco ($8.95M), and Broadcasting Equipment ($6.92M). During the last 27 years the exports of Indonesia to Nicaragua have increased at an annualized rate of 15%, from $1.15M in 1995 to $50.5M in 2022.

In 2022, Nicaragua exported $225k to Indonesia. The main products exported from Nicaragua to Indonesia were Light Rubberized Knitted Fabric ($117k), Labels ($25k), and Hard Liquor ($19.1k). During the last 27 years the exports of Nicaragua to Indonesia have decreased at an annualized rate of 3.73%, from $628k in 1995 to $225k in 2022.

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

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

Latest Data

Trade between Indonesia (Flag) and Nicaragua (Flag)

Indonesia Exports

Nicaragua Exports

Date

Market Competitiveness

Color
Indonesia
Top Destination
China$67.7B
Nicaragua
Top Destination
United States$4.09B

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

In 2021, countries that imported more from Indonesia than Nicaragua were China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2021, countries that imported more from Nicaragua than Indonesia were Honduras ($541M), El Salvador ($437M), and Costa Rica ($230M).

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

Comparative Advantage Indonesia - Nicaragua

Flow
Scale

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

During 2022, Indonesia had a large net trade with Nicaragua in the exports of Transportation ($17.8M), Machines ($9.92M), and Foodstuffs ($8.98M).

During 2022, Nicaragua had a large net trade with Indonesia in the exports of Textiles ($148k), Machines ($31.1k), and Foodstuffs ($19.3k).

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 Indonesia has comparative advantage over Nicaragua. Similarly, the more yellow a dot/product is, the more Nicaragua has comparative advantage over Indonesia.

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

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