2022
Exports
$14.1kWorld Rnk 113 / 164
Flag Rnk 520 / 877
2022
PRODUCT COMPLEXITY IN Metal Insulating Fittings
1.18Rnk 110 / 1025
2022
Imports
$6.9MWorld Rnk 61 / 214
Flag Rnk 223 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $14.1k in Metal Insulating Fittings, making it the 113th largest exporter of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 520th most exported product in Nicaragua. The main destination of Metal Insulating Fittings exports from Nicaragua are: United States ($10.3k), Germany ($3.25k), India ($303), and Czechia ($244).

The fastest growing export markets for Metal Insulating Fittings of Nicaragua between 2021 and 2022 were United States ($10.3k), Germany ($3.25k), and India ($303).

Imports In 2022, Nicaragua imported $6.9M in Metal Insulating Fittings, becoming the 61st largest importer of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 223rd most imported product in Nicaragua. Nicaragua imports Metal Insulating Fittings primarily from: Germany ($5.51M), Japan ($751k), United States ($191k), Belgium ($122k), and Spain ($95.1k).

The fastest growing import markets in Metal Insulating Fittings for Nicaragua between 2021 and 2022 were Japan ($262k), Portugal ($49k), and United States ($37.1k).

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 Metal Insulating Fittings. 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)$14.1k
IMPORTS (2022)$6.9M
NET TRADE (2022)-$6.88M

In 2022, Nicaragua exported $14.1k in Metal Insulating Fittings. The main destinations of Nicaragua exports on Metal Insulating Fittings were United States ($10.3k), Germany ($3.25k), India ($303), and Czechia ($244).

In 2022, Nicaragua imported $6.9M in Metal Insulating Fittings, mainly from Germany ($5.51M), Japan ($751k), United States ($191k), Belgium ($122k), and Spain ($95.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Insulating Fittings EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
United States$10.3k (1%)
Germany$3.25k (1%)
India$303 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Insulating Fittings BY Nicaragua WERE (2021 - 2022):Costa Rica-$126 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Metal Insulating Fittings were:
Germany $1.34B
China $989M
Japan $738M
In 2022, Nicaragua's main importing competitors in Metal Insulating Fittings were:

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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.

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