2023
Exports
$133kWorld Rnk 133 / 163
Flag Rnk 295 / 852
falsefalse Guatemala
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2023
Imports
$136MWorld Rnk 94 / 220
Flag Rnk 14 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $133k in Petroleum Gas, making it the 133rd largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 295th most exported product in Nicaragua. The main destination of Petroleum Gas exports from Nicaragua are: Guatemala ($72.3k) and El Salvador ($60.8k).

Imports In 2023, Nicaragua imported $136M in Petroleum Gas, becoming the 94th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 14th most imported product in Nicaragua. Nicaragua imports Petroleum Gas primarily from: United States ($78.5M), El Salvador ($49M), Guatemala ($5.62M), Chile ($2.91M), and China ($90k).

The fastest growing import markets in Petroleum Gas for Nicaragua between 2022 and 2023 were Chile ($2.91M), China ($32.4k), and South Korea ($759).

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 Petroleum Gas. 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)$133k
IMPORTS (2023)$136M
NET TRADE (2023)-$136M

In 2023, Nicaragua exported $133k in Petroleum Gas. The main destinations of Nicaragua exports on Petroleum Gas were Guatemala ($72.3k) and El Salvador ($60.8k).

In 2023, Nicaragua imported $136M in Petroleum Gas, mainly from United States ($78.5M), El Salvador ($49M), Guatemala ($5.62M), Chile ($2.91M), and China ($90k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Nicaragua WERE (2022 - 2023):
Spain-$113M (-100%)
Guatemala-$339k (-82.4%)
El Salvador-$209k (-77.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Nicaragua's main exporting competitors in Petroleum Gas were:
In 2023, Nicaragua's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

Explore Visualizations

Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $835k
TOP IMPORT POTENTIALUnited States+ $23.5M

Petroleum Gas’s highest export potential is Guatemala. With an export gap of $835k.   Petroleum Gas’s highest import potential is United States with an import gap of $23.5M.

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