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Pricing

2022
Flag → Flag
Exports $225kRnk 91 / 148
2022
Flag → Flag
Top Product $117kLight Rubberized Knitted Fabric
2022
Flag → Flag
Exports $50.5MRnk 119 / 216
2022
Flag → Flag
Top Product $15.6MCars
2022
Flag
Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC $2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Nicaragua-Indonesia Trade: 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). Over the past 5 years the exports of Nicaragua to Indonesia have decreased at an annualized rate of 2.02%, from $249k in 2017 to $225k in 2022.

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

Indonesia-Nicaragua Trade: In 2022, Indonesia exported $50.5M to Nicaragua. The main products that Indonesia exported to Nicaragua were Cars ($15.6M), Raw Tobacco ($8.95M), and Broadcasting Equipment ($6.92M). Over the past 5 years the exports of Indonesia to Nicaragua have increased at an annualized rate of 14.5%,  from $25.7M in 2017 to $50.5M in 2022.

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

Comparison: In 2022,  Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B). That same year, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Nicaragua to Indonesia have decreased at an annualized rate of 2.02%, from $249k in 2017 to $225k in 2022.

In 2017, 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 5 years the exports of Indonesia to Nicaragua have increased at an annualized rate of 14.5%, from $25.7M in 2022 to $50.5M in 2017.

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

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

Latest Data

Trade between Nicaragua (Flag) and Indonesia (Flag)

Nicaragua Exports

Indonesia Exports

Market Competitiveness

Color
Nicaragua
Top DestinationUnited States$4.09B
Indonesia
Top DestinationChina$67.7B

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

In 2022, countries that imported more from Nicaragua than Indonesia included Honduras ($541M), El Salvador ($437M), and Costa Rica ($230M).

In 2022, countries that imported more from Indonesia than Nicaragua included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Nicaragua - Indonesia

Flow
Scale

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

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

During 2017, Indonesia had a large net trade with Nicaragua in the exports of Transportation ($17.8M), Machines ($9.92M), and Foodstuffs ($8.98M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nicaragua Indonesia+$179kInsulated Wire
Top Product Potential Indonesia Nicaragua+$2.1MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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