Tajikistan (TJK) and Nicaragua (NIC) Trade | The Observatory of Economic Complexity

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Tajikistan-Nicaragua Trade: In 2023, Tajikistan exported $79 to Nicaragua. The main products that Tajikistan exported to Nicaragua were Other toys ($40), Other Headwear ($27), and Knit Socks and Hosiery ($12). Over the past 9 years the exports of Tajikistan to Nicaragua have decreased at an annualized rate of 26.4%, from $1.25k in 2014 to $79 in 2023.

In 2023, Tajikistan did not export any services to Nicaragua.

Nicaragua-Tajikistan In false, Nicaragua did not export any products to Tajikistan.

In 2023, Nicaragua did not export any services to Tajikistan.

Comparison: In 2023, Tajikistan ranked 106 in the Economic Complexity Index (ECI -0.89), and 153 in total exports ($1.49B). That same year, Nicaragua ranked 111 in the Economic Complexity Index (ECI -1), and 110 in total exports ($8.51B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Tajikistan exported $79 to Nicaragua. The main products exported from Tajikistan to Nicaragua were Other toys ($40), Other Headwear ($27), and Knit Socks and Hosiery ($12). During the last 9 years the exports of Tajikistan to Nicaragua have decreased at an annualized rate of 26.4%, from $1.25k in 2014 to $79 in 2023.

Nicaragua does not register exports to Tajikistan.

Exports from Tajikistan () to Nicaragua () (2023)

Exports from Nicaragua () to Tajikistan () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tajikistan
Top DestinationSwitzerland$468M

Nicaragua
Top DestinationUnited States$4.38B

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

In 2023, countries that imported more from Tajikistan than Nicaragua included Kazakhstan ($271M), China ($250M), and Switzerland ($468M).

In 2023, countries that imported more from Nicaragua than Tajikistan included United States ($4.38B), Mexico ($1.04B), and El Salvador ($488M).

Difference in imports from Nicaragua () and Tajikistan () (2023)

Comparative Advantage Tajikistan - Nicaragua

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Tajikistan had a large net trade with Nicaragua in the exports of Miscellaneous ($40), Footwear and Headwear ($27), and Textiles ($12).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tajikistan Nicaragua+$1.47kRaw Cotton

Top Product Potential Nicaragua Tajikistan+$1.93kInsulated Wire

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 Tajikistan and Nicaragua. This means that a dot/product with the flag of Tajikistan indicates it has a comparative advantage over Nicaragua. Similarly, a dot/product with the flag of Nicaragua indicates it has a comparative advantage over Tajikistan.

About

Historical Data

Bilateral Trade by Products

Exports from Tajikistan () to Nicaragua () (2023)

Exports from Nicaragua () to Tajikistan () (2023)

Market Competitiveness

Difference in imports from Nicaragua () and Tajikistan () (2023)

Comparative Advantage Tajikistan - Nicaragua

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Tajikistan () and Nicaragua () (2023)

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