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2020
Exports $32.9kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Artificial Textile Machinery1.99Rnk 5 / 1025
2020
Imports $365kWorld Rnk 78 / 168
Flag Rnk 667 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua-0.97Rnk 110 / 133

About

Imports In 2022, Nicaragua imported $365k in Artificial Textile Machinery, becoming the 78th largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 667th most imported product in Nicaragua. Nicaragua imports Artificial Textile Machinery primarily from: Czechia ($216k), South Korea ($43.7k), Vietnam ($33.8k), China ($28.2k), and United States ($27k).

The fastest growing import markets in Artificial Textile Machinery for Nicaragua between 2021 and 2022 were Czechia ($216k), China ($16.2k), and Malaysia ($13.3k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Artificial Textile Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2020)$32.9k
IMPORTS (2022)$365k
NET TRADE (2022)-$365k

In 2022, Nicaragua imported $365k in Artificial Textile Machinery, mainly from Czechia ($216k), South Korea ($43.7k), Vietnam ($33.8k), China ($28.2k), and United States ($27k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Nicaragua's main exporting competitors in Artificial Textile Machinery were:
Germany $678M
China $325M
Japan $159M
In 2022, Nicaragua's main importing competitors in Artificial Textile Machinery were:
China $489M
Turkey $190M
India $161M

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Trade Value of Artificial Textile Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $445
TOP IMPORT POTENTIALChina+ $26.3k

Artificial Textile Machinery’s highest export potential is China. With an export gap of $445.   Artificial Textile Machinery’s highest import potential is China with an import gap of $26.3k.

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