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ExportsNicaragua-Venezuela Trade: In 2023, Nicaragua exported $6.86M to Venezuela. The main products that Nicaragua exported to Venezuela were Vaccines, blood, antisera, toxins and cultures ($6.4M), Ground Nuts ($167k), and Rolled Tobacco ($165k). Over the past 5 years the exports of Nicaragua to Venezuela have decreased at an annualized rate of 20.1%, from $21M in 2018 to $6.86M in 2023.
In 2023, Nicaragua did not export any services to Venezuela.
Venezuela-Nicaragua Trade: In 2023, Venezuela exported $509k to Nicaragua. The main products that Venezuela exported to Nicaragua were Packaged Medicaments ($353k), Centrifuges ($54.2k), and Plastic Lids ($30.5k). Over the past 5 years the exports of Venezuela to Nicaragua have decreased at an annualized rate of 59.8%, from $48.5M in 2018 to $509k in 2023.
In 2023, Venezuela did not export any services to Nicaragua.
Comparison: In 2023, Nicaragua ranked 111 in the Economic Complexity Index (ECI -1), and 110 in total exports ($8.51B). That same year, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).
