2022
Exports
$746World Rnk 137 / 153
Flag Rnk 717 / 877
falsefalse Malawi
2022
PRODUCT COMPLEXITY IN Laboratory Reagents
1.53Rnk 45 / 1025
2022
Imports
$194kWorld Rnk 120 / 180
Flag Rnk 754 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $746 in Laboratory Reagents, making it the 137th largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 717th most exported product in Nicaragua. The main destination of Laboratory Reagents exports from Nicaragua are: Malawi ($746).

The fastest growing export markets for Laboratory Reagents of Nicaragua between 2021 and 2022 were Malawi ($746).

Imports In 2022, Nicaragua imported $194k in Laboratory Reagents, becoming the 120th largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 754th most imported product in Nicaragua. Nicaragua imports Laboratory Reagents primarily from: Chinese Taipei ($135k) and Argentina ($58.5k).

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 Laboratory Reagents. 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)$746
IMPORTS (2022)$194k
NET TRADE (2022)-$193k

In 2022, Nicaragua exported $746 in Laboratory Reagents. The main destinations of Nicaragua exports on Laboratory Reagents were Malawi ($746).

In 2022, Nicaragua imported $194k in Laboratory Reagents, mainly from Chinese Taipei ($135k) and Argentina ($58.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):Malawi$746 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Nicaragua WERE (2021 - 2022):
Honduras-$27.3k (-100%)
Costa Rica-$21.4k (-100%)
El Salvador-$6.76k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Laboratory Reagents were:
In 2022, Nicaragua's main importing competitors in Laboratory Reagents were:

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Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALCosta Rica+ $23.3k
TOP IMPORT POTENTIALChina+ $1.87M

Laboratory Reagents’s highest export potential is Costa Rica. With an export gap of $23.3k.   Laboratory Reagents’s highest import potential is China with an import gap of $1.87M.

See methodology.

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