2004
Exports
$12.8kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Prepared Explosives
-0.95Rnk 814 / 1025
2004
Imports
$13.6MWorld Rnk 25 / 170
Flag Rnk 134 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Imports In 2023, Nicaragua imported $13.6M in Prepared Explosives, becoming the 25th largest importer of Prepared Explosives in the world. At the same year, Prepared Explosives was the 134th most imported product in Nicaragua. Nicaragua imports Prepared Explosives primarily from: Costa Rica ($11.9M), Peru ($1.26M), Mexico ($416k), and Russia ($67.1k).

The fastest growing import markets in Prepared Explosives for Nicaragua between 2022 and 2023 were Costa Rica ($1.78M), Mexico ($238k), and Peru ($235k).

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 Prepared Explosives. 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 (2004)$12.8k
IMPORTS (2023)$13.6M
NET TRADE (2023)-$13.6M

In 2023, Nicaragua imported $13.6M in Prepared Explosives, mainly from Costa Rica ($11.9M), Peru ($1.26M), Mexico ($416k), and Russia ($67.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Prepared Explosives were:
In 2023, Nicaragua's main importing competitors in Prepared Explosives were:

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Trade Value of Prepared Explosives by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $426
TOP IMPORT POTENTIALMexico+ $104k

Prepared Explosives’s highest export potential is United States. With an export gap of $426.   Prepared Explosives’s highest import potential is Mexico with an import gap of $104k.

See methodology.

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