2022
Exports
$125kWorld Rnk 114 / 191
Flag Rnk 308 / 877
2022
PRODUCT COMPLEXITY IN Awnings, Tents, and Sails
-0.92Rnk 814 / 1025
2022
Imports
$1.01MWorld Rnk 162 / 224
Flag Rnk 512 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $125k in Awnings, Tents, and Sails, making it the 114th largest exporter of Awnings, Tents, and Sails in the world. At the same year, Awnings, Tents, and Sails was the 308th most exported product in Nicaragua. The main destination of Awnings, Tents, and Sails exports from Nicaragua are: United Kingdom ($54.8k), United States ($29.2k), Germany ($23.8k), Finland ($8.62k), and El Salvador ($1.99k).

The fastest growing export markets for Awnings, Tents, and Sails of Nicaragua between 2021 and 2022 were United Kingdom ($54.8k), United States ($23.3k), and Germany ($11.4k).

Imports In 2022, Nicaragua imported $1.01M in Awnings, Tents, and Sails, becoming the 162nd largest importer of Awnings, Tents, and Sails in the world. At the same year, Awnings, Tents, and Sails was the 512th most imported product in Nicaragua. Nicaragua imports Awnings, Tents, and Sails primarily from: China ($356k), Guatemala ($332k), Brazil ($92.7k), United States ($71.5k), and Mexico ($39.1k).

The fastest growing import markets in Awnings, Tents, and Sails for Nicaragua between 2021 and 2022 were China ($198k), Brazil ($72k), and Guatemala ($54.8k).

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 Awnings, Tents, and Sails. 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)$125k
IMPORTS (2022)$1.01M
NET TRADE (2022)-$883k

In 2022, Nicaragua exported $125k in Awnings, Tents, and Sails. The main destinations of Nicaragua exports on Awnings, Tents, and Sails were United Kingdom ($54.8k), United States ($29.2k), Germany ($23.8k), Finland ($8.62k), and El Salvador ($1.99k).

In 2022, Nicaragua imported $1.01M in Awnings, Tents, and Sails, mainly from China ($356k), Guatemala ($332k), Brazil ($92.7k), United States ($71.5k), and Mexico ($39.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Awnings, Tents, and Sails EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
United Kingdom$54.8k (1%)
United States$23.3k (396%)
Germany$11.4k (91.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Awnings, Tents, and Sails BY Nicaragua WERE (2021 - 2022):
Costa Rica-$16.5k (-91.6%)
France-$7.65k (-92.4%)
Finland-$4.9k (-36.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Awnings, Tents, and Sails were:
In 2022, Nicaragua's main importing competitors in Awnings, Tents, and Sails were:

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Trade Value of Awnings, Tents, and Sails by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $66.5k
TOP IMPORT POTENTIALChina+ $252k

Awnings, Tents, and Sails’s highest export potential is United States. With an export gap of $66.5k.   Awnings, Tents, and Sails’s highest import potential is China with an import gap of $252k.

See methodology.

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