2022
Exports
$790kWorld Rnk 45 / 152
Flag Rnk 180 / 877
2022
PRODUCT COMPLEXITY IN Artistry Paints
0.066Rnk 530 / 1025
2022
Imports
$1.52MWorld Rnk 84 / 208
Flag Rnk 444 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $790k in Artistry Paints, making it the 45th largest exporter of Artistry Paints in the world. At the same year, Artistry Paints was the 180th most exported product in Nicaragua. The main destination of Artistry Paints exports from Nicaragua are: Costa Rica ($754k), Panama ($36k), Netherlands ($121), Canada ($60), and El Salvador ($51).

The fastest growing export markets for Artistry Paints of Nicaragua between 2021 and 2022 were Costa Rica ($153k), Netherlands ($121), and United States ($20).

Imports In 2022, Nicaragua imported $1.52M in Artistry Paints, becoming the 84th largest importer of Artistry Paints in the world. At the same year, Artistry Paints was the 444th most imported product in Nicaragua. Nicaragua imports Artistry Paints primarily from: China ($1.05M), Colombia ($165k), Brazil ($88.2k), Guatemala ($74.9k), and Hong Kong ($51.8k).

The fastest growing import markets in Artistry Paints for Nicaragua between 2021 and 2022 were China ($339k), Guatemala ($42k), and Mexico ($26.9k).

Latest Trends

Oct 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 Artistry Paints. 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 (2022)$790k
IMPORTS (2022)$1.52M
NET TRADE (2022)-$735k

In 2022, Nicaragua exported $790k in Artistry Paints. The main destinations of Nicaragua exports on Artistry Paints were Costa Rica ($754k), Panama ($36k), Netherlands ($121), Canada ($60), and El Salvador ($51).

In 2022, Nicaragua imported $1.52M in Artistry Paints, mainly from China ($1.05M), Colombia ($165k), Brazil ($88.2k), Guatemala ($74.9k), and Hong Kong ($51.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artistry Paints EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Costa Rica$153k (25.5%)
Netherlands$121 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artistry Paints BY Nicaragua WERE (2021 - 2022):
Panama-$18.7k (-34.2%)
El Salvador-$237 (-82.3%)
France-$44 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Artistry Paints were:
China $390M
France $72.4M
Germany $68.2M
In 2022, Nicaragua's main importing competitors in Artistry Paints were:

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Trade Value of Artistry Paints by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPanama+ $7.41k
TOP IMPORT POTENTIALMexico+ $21k

Artistry Paints’s highest export potential is Panama. With an export gap of $7.41k.   Artistry Paints’s highest import potential is Mexico with an import gap of $21k.

See methodology.

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