2023
Exports
$15.1kWorld Rnk 103 / 141
Flag Rnk 510 / 852
2023
PRODUCT COMPLEXITY IN Pile Fabric
0.083Rnk 525 / 1025
2023
Imports
$14.9MWorld Rnk 57 / 195
Flag Rnk 127 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $15.1k in Pile Fabric, making it the 103rd largest exporter of Pile Fabric in the world. At the same year, Pile Fabric was the 510th most exported product in Nicaragua. The main destination of Pile Fabric exports from Nicaragua are: Guatemala ($13.5k), El Salvador ($820), Costa Rica ($723), Chinese Taipei ($16), and China ($10).

The fastest growing export markets for Pile Fabric of Nicaragua between 2022 and 2023 were Guatemala ($13.5k), Costa Rica ($603), and El Salvador ($598).

Imports In 2023, Nicaragua imported $14.9M in Pile Fabric, becoming the 57th largest importer of Pile Fabric in the world. At the same year, Pile Fabric was the 127th most imported product in Nicaragua. Nicaragua imports Pile Fabric primarily from: El Salvador ($6.5M), China ($5.88M), United States ($2.17M), Mexico ($302k), and Costa Rica ($1.99k).

The fastest growing import markets in Pile Fabric for Nicaragua between 2022 and 2023 were United States ($1.6M), El Salvador ($210k), and Costa Rica ($1.25k).

Latest Trends

Jan 2025

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 Pile Fabric. 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)$15.1k
IMPORTS (2023)$14.9M
NET TRADE (2023)-$14.8M

In 2023, Nicaragua exported $15.1k in Pile Fabric. The main destinations of Nicaragua exports on Pile Fabric were Guatemala ($13.5k), El Salvador ($820), Costa Rica ($723), Chinese Taipei ($16), and China ($10).

In 2023, Nicaragua imported $14.9M in Pile Fabric, mainly from El Salvador ($6.5M), China ($5.88M), United States ($2.17M), Mexico ($302k), and Costa Rica ($1.99k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pile Fabric EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
Guatemala$13.5k (1%)
Costa Rica$603 (503%)
El Salvador$598 (269%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pile Fabric BY Nicaragua WERE (2022 - 2023):
United States-$1.49k (-99.9%)
China-$52 (-83.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Pile Fabric were:
In 2023, Nicaragua's main importing competitors in Pile Fabric were:

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Trade Value of Pile Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.95k
TOP IMPORT POTENTIALChina+ $475k

Pile Fabric’s highest export potential is United States. With an export gap of $2.95k.   Pile Fabric’s highest import potential is China with an import gap of $475k.

See methodology.

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