2023
Exports
$3.05kWorld Rnk 128 / 170
Flag Rnk 633 / 852
2023
PRODUCT COMPLEXITY IN Metal Insulating Fittings
1.16Rnk 121 / 1025
2023
Imports
$3.24MWorld Rnk 78 / 215
Flag Rnk 335 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $3.05k in Metal Insulating Fittings, making it the 128th largest exporter of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 633rd most exported product in Nicaragua. The main destination of Metal Insulating Fittings exports from Nicaragua are: Bulgaria ($2.7k), Sweden ($188), Poland ($152), and Paraguay ($7).

The fastest growing export markets for Metal Insulating Fittings of Nicaragua between 2022 and 2023 were Bulgaria ($2.7k), Sweden ($188), and Poland ($152).

Imports In 2023, Nicaragua imported $3.24M in Metal Insulating Fittings, becoming the 78th largest importer of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 335th most imported product in Nicaragua. Nicaragua imports Metal Insulating Fittings primarily from: Germany ($1.84M), Japan ($976k), Mexico ($134k), United States ($117k), and China ($46.7k).

The fastest growing import markets in Metal Insulating Fittings for Nicaragua between 2022 and 2023 were Japan ($913k), Germany ($86.4k), and United States ($56k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Metal Insulating Fittings. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$3.05k
IMPORTS (2023)$3.24M
NET TRADE (2023)-$3.23M

In 2023, Nicaragua exported $3.05k in Metal Insulating Fittings. The main destinations of Nicaragua exports on Metal Insulating Fittings were Bulgaria ($2.7k), Sweden ($188), Poland ($152), and Paraguay ($7).

In 2023, Nicaragua imported $3.24M in Metal Insulating Fittings, mainly from Germany ($1.84M), Japan ($976k), Mexico ($134k), United States ($117k), and China ($46.7k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal Insulating Fittings EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
Bulgaria$2.7k (1%)
Sweden$188 (1%)
Poland$152 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Insulating Fittings BY Nicaragua WERE (2022 - 2023):
United States-$10.3k (-100%)
Germany-$3.25k (-100%)
India-$303 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Nicaragua's main exporting competitors in Metal Insulating Fittings were:
Germany $1.22B
China $1.06B
Japan $695M
In 2023, Nicaragua's main importing competitors in Metal Insulating Fittings were:

Explore Visualizations

Trade Value of Metal Insulating Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.1k
TOP IMPORT POTENTIALJapan+ $197k

Metal Insulating Fittings’s highest export potential is United States. With an export gap of $17.1k.   Metal Insulating Fittings’s highest import potential is Japan with an import gap of $197k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with