2023
Exports
$4.7kWorld Rnk 117 / 152
Flag Rnk 604 / 852
2023
PRODUCT COMPLEXITY IN Nonaqueous Pigments
0.86Rnk 227 / 1025
2023
Imports
$2.28MWorld Rnk 89 / 215
Flag Rnk 391 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $4.7k in Nonaqueous Pigments, making it the 117th largest exporter of Nonaqueous Pigments in the world. At the same year, Nonaqueous Pigments was the 604th most exported product in Nicaragua. The main destination of Nonaqueous Pigments exports from Nicaragua are: Costa Rica ($4.7k).

The fastest growing export markets for Nonaqueous Pigments of Nicaragua between 2022 and 2023 were Costa Rica ($4.7k).

Imports In 2018, Nicaragua imported $2.28M in Nonaqueous Pigments, becoming the 89th largest importer of Nonaqueous Pigments in the world. At the same year, Nonaqueous Pigments was the 391st most imported product in Nicaragua. Nicaragua imports Nonaqueous Pigments primarily from: Costa Rica ($1M), Mexico ($628k), Spain ($215k), El Salvador ($190k), and United States ($185k).

The fastest growing import markets in Nonaqueous Pigments for Nicaragua between 2022 and 2023 were Costa Rica ($83.9k), United States ($50.6k), and Guatemala ($6.87k).

Latest Trends

Dec 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 Nonaqueous Pigments. 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 (2023)$4.7k
IMPORTS (2023)$2.28M
NET TRADE (2023)-$2.27M

In 2023, Nicaragua exported $4.7k in Nonaqueous Pigments. The main destinations of Nicaragua exports on Nonaqueous Pigments were Costa Rica ($4.7k).

In 2023, Nicaragua imported $2.28M in Nonaqueous Pigments, mainly from Costa Rica ($1M), Mexico ($628k), Spain ($215k), El Salvador ($190k), and United States ($185k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nonaqueous Pigments EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):Costa Rica$4.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nonaqueous Pigments BY Nicaragua WERE (2022 - 2023):Spain-$68 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Nonaqueous Pigments were:
In 2023, Nicaragua's main importing competitors in Nonaqueous Pigments were:

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Trade Value of Nonaqueous Pigments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $480
TOP IMPORT POTENTIALUnited States+ $71.2k

Nonaqueous Pigments’s highest export potential is United States. With an export gap of $480.   Nonaqueous Pigments’s highest import potential is United States with an import gap of $71.2k.

See methodology.

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