Nicaragua (NIC) and British Indian Ocean Territory (IOT) Trade

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Exports $26.6BRnk 3 / 0

2022

Economic Complexity (ECI) ECI -0.97Rnk 110 / 133

2022

GDP$15.7BCURRENT US$
Rnk 129 / 186

2012-2022

GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186

2022

GDP PC $2,255CURRENT US$
Rnk 142 / 186

2012-2022

GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186

Image 1

Image by Carlos Adampol Galindo
Link: https://flic.kr/p/3KUESu

Image 2

Image by Serendigity
Link: https://flic.kr/p/imDghY

Historical Data
Economic Complexity

About

In N/A, Nicaragua did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Nicaragua In N/A, British Indian Ocean Territory did not export any products to Nicaragua.

In N/A, British Indian Ocean Territory 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, British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Nicaragua does not register exports to British Indian Ocean Territory.

British Indian Ocean Territory does not register exports to Nicaragua.

Exports from Nicaragua () to British Indian Ocean Territory () (2015)

Exports from British Indian Ocean Territory () to Nicaragua () (2015)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nicaragua
Top DestinationUnited States$4.09B

British Indian Ocean Territory
Top DestinationSingapore$4.42M

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

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

In 2022, countries that imported more from British Indian Ocean Territory than Nicaragua included Singapore ($4.42M), Uzbekistan ($280k), and Brunei ($759).

Difference in imports from British Indian Ocean Territory () and Nicaragua () (2022)

Comparative Advantage Nicaragua - British Indian Ocean Territory

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Nicaragua and British Indian Ocean Territory by product, considering products traded by both, Nicaragua and British Indian Ocean Territory.

Economic Complexity

Competitive Landscape

Year

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

Product Space of Nicaragua () and British Indian Ocean Territory () (2015)

Keep Exploring

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British Indian Ocean Territory

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