2022
Exports
$12.9MWorld Rnk 55 / 193
Flag Rnk 59 / 877
2022
PRODUCT COMPLEXITY IN Knit Women's Undergarments
-1.38Rnk 928 / 1025
2022
Imports
$2.95MWorld Rnk 121 / 214
Flag Rnk 343 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $12.9M in Knit Women's Undergarments, making it the 55th largest exporter of Knit Women's Undergarments in the world. At the same year, Knit Women's Undergarments was the 59th most exported product in Nicaragua. The main destination of Knit Women's Undergarments exports from Nicaragua are: United States ($12.6M), Mexico ($130k), Canada ($54.6k), Australia ($31k), and United Arab Emirates ($17.9k).

The fastest growing export markets for Knit Women's Undergarments of Nicaragua between 2021 and 2022 were Mexico ($130k), Australia ($28.5k), and China ($12.2k).

Imports In 2022, Nicaragua imported $2.95M in Knit Women's Undergarments, becoming the 121st largest importer of Knit Women's Undergarments in the world. At the same year, Knit Women's Undergarments was the 343rd most imported product in Nicaragua. Nicaragua imports Knit Women's Undergarments primarily from: China ($1.45M), Honduras ($496k), United States ($240k), Mexico ($153k), and Thailand ($133k).

The fastest growing import markets in Knit Women's Undergarments for Nicaragua between 2021 and 2022 were China ($166k), Honduras ($60.6k), and Thailand ($50.4k).

COMPANIES In 2023, leading companies such as Kontoor Brands (301) were at the forefront of shipping Knit Women's Undergarments from Nicaragua to the United States.

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 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 (2022)$12.9M
IMPORTS (2022)$2.95M
NET TRADE (2022)$9.92M

In 2022, Nicaragua exported $12.9M in Knit Women's Undergarments. The main destinations of Nicaragua exports on Knit Women's Undergarments were United States ($12.6M), Mexico ($130k), Canada ($54.6k), Australia ($31k), and United Arab Emirates ($17.9k).

In 2022, Nicaragua imported $2.95M in Knit Women's Undergarments, mainly from China ($1.45M), Honduras ($496k), United States ($240k), Mexico ($153k), and Thailand ($133k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Undergarments EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Mexico$130k (1%)
Australia$28.5k (1.11k%)
China$12.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Undergarments BY Nicaragua WERE (2021 - 2022):
United States-$1.52M (-10.8%)
United Kingdom-$90.6k (-94.8%)
Netherlands-$13.4k (-68.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Knit Women's Undergarments were:
In 2022, 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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