2022
Exports
$1.82MWorld Rnk 58 / 186
Flag Rnk 131 / 877
2022
PRODUCT COMPLEXITY IN Non-Knit Babies' Garments
-1.4Rnk 932 / 1025
2022
Imports
$769kWorld Rnk 123 / 215
Flag Rnk 557 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $1.82M in Non-Knit Babies' Garments, making it the 58th largest exporter of Non-Knit Babies' Garments in the world. At the same year, Non-Knit Babies' Garments was the 131st most exported product in Nicaragua. The main destination of Non-Knit Babies' Garments exports from Nicaragua are: United States ($1.81M), Kuwait ($4.45k), Peru ($2.4k), United Arab Emirates ($1.43k), and Slovakia ($537).

The fastest growing export markets for Non-Knit Babies' Garments of Nicaragua between 2021 and 2022 were United States ($1.7M), Kuwait ($4.45k), and Peru ($2.4k).

Imports In 2022, Nicaragua imported $769k in Non-Knit Babies' Garments, becoming the 123rd largest importer of Non-Knit Babies' Garments in the world. At the same year, Non-Knit Babies' Garments was the 557th most imported product in Nicaragua. Nicaragua imports Non-Knit Babies' Garments primarily from: China ($302k), Guatemala ($77k), Spain ($76.9k), Bangladesh ($69k), and United States ($48.7k).

The fastest growing import markets in Non-Knit Babies' Garments for Nicaragua between 2021 and 2022 were China ($122k), Vietnam ($29.2k), and Bangladesh ($27.6k).

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 Non-Knit Babies' Garments. 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)$1.82M
IMPORTS (2022)$769k
NET TRADE (2022)$1.05M

In 2022, Nicaragua exported $1.82M in Non-Knit Babies' Garments. The main destinations of Nicaragua exports on Non-Knit Babies' Garments were United States ($1.81M), Kuwait ($4.45k), Peru ($2.4k), United Arab Emirates ($1.43k), and Slovakia ($537).

In 2022, Nicaragua imported $769k in Non-Knit Babies' Garments, mainly from China ($302k), Guatemala ($77k), Spain ($76.9k), Bangladesh ($69k), and United States ($48.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Babies' Garments EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
United States$1.7M (1.48k%)
Kuwait$4.45k (1%)
Peru$2.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Babies' Garments BY Nicaragua WERE (2021 - 2022):
Guatemala-$393 (-100%)
Austria-$322 (-100%)
France-$122 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Non-Knit Babies' Garments were:
In 2022, Nicaragua's main importing competitors in Non-Knit Babies' Garments were:

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Trade Value of Non-Knit Babies' Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $676k
TOP IMPORT POTENTIALChina+ $84.2k

Non-Knit Babies' Garments’s highest export potential is United States. With an export gap of $676k.   Non-Knit Babies' Garments’s highest import potential is China with an import gap of $84.2k.

See methodology.

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