2023
Exports
$16.4MWorld Rnk 48 / 187
Flag Rnk 47 / 852
2023
PRODUCT COMPLEXITY IN Knit Women's Undergarments
-1.39Rnk 924 / 1025
2023
Imports
$2.43MWorld Rnk 124 / 215
Flag Rnk 382 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $16.4M in Knit Women's Undergarments, making it the 48th largest exporter of Knit Women's Undergarments in the world. At the same year, Knit Women's Undergarments was the 47th most exported product in Nicaragua. The main destination of Knit Women's Undergarments exports from Nicaragua are: United States ($15.9M), United Kingdom ($370k), Canada ($31.7k), Netherlands ($21.4k), and Switzerland ($10.2k).

The fastest growing export markets for Knit Women's Undergarments of Nicaragua between 2022 and 2023 were United States ($2.44M), United Kingdom ($365k), and Netherlands ($12k).

Imports In 2023, Nicaragua imported $2.43M in Knit Women's Undergarments, becoming the 124th largest importer of Knit Women's Undergarments in the world. At the same year, Knit Women's Undergarments was the 382nd most imported product in Nicaragua. Nicaragua imports Knit Women's Undergarments primarily from: China ($1.26M), Honduras ($365k), Mexico ($248k), United States ($84.8k), and El Salvador ($75.2k).

The fastest growing import markets in Knit Women's Undergarments for Nicaragua between 2022 and 2023 were Mexico ($95.2k), United States ($55.2k), and Costa Rica ($34k).

Latest Trends

Jan 2025

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 Knit Women's Undergarments. 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 (2023)$16.4M
IMPORTS (2023)$2.43M
NET TRADE (2023)$14M

In 2023, Nicaragua exported $16.4M in Knit Women's Undergarments. The main destinations of Nicaragua exports on Knit Women's Undergarments were United States ($15.9M), United Kingdom ($370k), Canada ($31.7k), Netherlands ($21.4k), and Switzerland ($10.2k).

In 2023, Nicaragua imported $2.43M in Knit Women's Undergarments, mainly from China ($1.26M), Honduras ($365k), Mexico ($248k), United States ($84.8k), and El Salvador ($75.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Undergarments EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
United States$2.44M (18.1%)
United Kingdom$365k (7.35k%)
Netherlands$12k (128%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Undergarments BY Nicaragua WERE (2022 - 2023):
Mexico-$130k (-100%)
Canada-$32.3k (-50.4%)
Australia-$31.4k (-80.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Knit Women's Undergarments were:
In 2023, Nicaragua's main importing competitors in Knit Women's Undergarments were:

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Trade Value of Knit Women's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $6.17M
TOP IMPORT POTENTIALChina+ $680k

Knit Women's Undergarments’s highest export potential is United States. With an export gap of $6.17M.   Knit Women's Undergarments’s highest import potential is China with an import gap of $680k.

See methodology.

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