2022
Exports
$225kWorld Rnk 137 / 189
Flag Rnk 265 / 877
2022
PRODUCT COMPLEXITY IN Perfume Plants
-1.82Rnk 983 / 1025
2022
Imports
$2.18MWorld Rnk 91 / 213
Flag Rnk 388 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $225k in Perfume Plants, making it the 137th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 265th most exported product in Nicaragua. The main destination of Perfume Plants exports from Nicaragua are: Guatemala ($150k), Honduras ($45.6k), Germany ($10.1k), United States ($8.62k), and France ($5.27k).

The fastest growing export markets for Perfume Plants of Nicaragua between 2021 and 2022 were Guatemala ($74.2k), United States ($3.43k), and Germany ($2.54k).

Imports In 2022, Nicaragua imported $2.18M in Perfume Plants, becoming the 91st largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 388th most imported product in Nicaragua. Nicaragua imports Perfume Plants primarily from: Nigeria ($1.83M), Costa Rica ($138k), Mexico ($42.4k), Turkey ($36.5k), and El Salvador ($28k).

The fastest growing import markets in Perfume Plants for Nicaragua between 2021 and 2022 were Nigeria ($874k), Spain ($21.3k), and United States ($11.4k).

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 Perfume Plants. 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)$225k
IMPORTS (2022)$2.18M
NET TRADE (2022)-$1.95M

In 2022, Nicaragua exported $225k in Perfume Plants. The main destinations of Nicaragua exports on Perfume Plants were Guatemala ($150k), Honduras ($45.6k), Germany ($10.1k), United States ($8.62k), and France ($5.27k).

In 2022, Nicaragua imported $2.18M in Perfume Plants, mainly from Nigeria ($1.83M), Costa Rica ($138k), Mexico ($42.4k), Turkey ($36.5k), and El Salvador ($28k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Guatemala$74.2k (98%)
United States$3.43k (66.2%)
Germany$2.54k (33.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Nicaragua WERE (2021 - 2022):
Canada-$57.5k (-92.9%)
Honduras-$21.1k (-31.6%)
France-$2.33k (-30.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Perfume Plants were:
In 2022, Nicaragua's main importing competitors in Perfume Plants were:

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

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View
TOP EXPORT POTENTIALUnited States+ $40.3k
TOP IMPORT POTENTIALMexico+ $43.5k

Perfume Plants’s highest export potential is United States. With an export gap of $40.3k.   Perfume Plants’s highest import potential is Mexico with an import gap of $43.5k.

See methodology.

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