Nicaragua (NIC) and Cambodia (KHM) Trade | The Observatory of Economic Complexity

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Nicaragua-Cambodia Trade: In 2022, Nicaragua exported $472k to Cambodia. The main products that Nicaragua exported to Cambodia were Equine and Bovine Hides ($252k), Tanned Equine and Bovine Hides ($126k), and Leather Sheets ($19.2k). Over the past 6 years the exports of Nicaragua to Cambodia have increased at an annualized rate of 42.4%, from $56.5k in 2016 to $472k in 2022.

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

Cambodia-Nicaragua Trade: In 2022, Cambodia exported $1.74M to Nicaragua. The main products that Cambodia exported to Nicaragua were Non-Knit Women's Suits ($422k), Leather Footwear ($315k), and Trunks and Cases ($115k). Over the past 6 years the exports of Cambodia to Nicaragua have decreased at an annualized rate of 5.23%, from $2.27M in 2016 to $1.74M in 2022.

In 2022, Cambodia 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, Cambodia ranked 92 in the Economic Complexity Index (ECI -0.6), and 69 in total exports ($35.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nicaragua exported $472k to Cambodia. The main products exported from Nicaragua to Cambodia were Equine and Bovine Hides ($252k), Tanned Equine and Bovine Hides ($126k), and Leather Sheets ($19.2k). During the last 6 years the exports of Nicaragua to Cambodia have increased at an annualized rate of 42.4%, from $56.5k in 2016 to $472k in 2022.

In 2017, Cambodia exported $1.74M to Nicaragua. The main products exported from Cambodia to Nicaragua were Non-Knit Women's Suits ($422k), Leather Footwear ($315k), and Trunks and Cases ($115k). During the last 5 years the exports of Cambodia to Nicaragua have decreased at an annualized rate of 5.23%, from $2.27M in 2022 to $1.74M in 2017.

Exports from Nicaragua () to Cambodia () (2022)

Exports from Cambodia () to Nicaragua () (2022)

Latest Data

Trade between Nicaragua () and Cambodia ()

Nicaragua Exports

Date

Sep 2010

Jul 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nicaragua
Top DestinationUnited States$4.09B

Cambodia
Top DestinationUnited States$13B

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

In 2022, countries that imported more from Nicaragua than Cambodia included Mexico ($943M), Honduras ($541M), and El Salvador ($437M).

In 2022, countries that imported more from Cambodia than Nicaragua included United States ($13B), Vietnam ($3.67B), and Germany ($2.41B).

Difference in imports from Cambodia () and Nicaragua () (2022)

Comparative Advantage Nicaragua - Cambodia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nicaragua had a large net trade with Cambodia in the exports of Animal Hides ($398k), Machines ($45.4k), and Paper Goods ($19.6k).

During 2017, Cambodia had a large net trade with Nicaragua in the exports of Textiles ($1.1M), Footwear and Headwear ($430k), and Animal Hides ($119k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nicaragua Cambodia+$13.7kRolled Tobacco

Top Product Potential Cambodia Nicaragua+$378kNon-Knit Women's Suits

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nicaragua () to Cambodia () (2022)

Exports from Cambodia () to Nicaragua () (2022)

Latest Data

Trade between Nicaragua () and Cambodia ()

Nicaragua Exports

Market Competitiveness

Difference in imports from Cambodia () and Nicaragua () (2022)

Comparative Advantage Nicaragua - Cambodia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nicaragua () and Cambodia () (2022)

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