2022
Exports
$15.4MWorld Rnk 45 / 144
Flag Rnk 52 / 877
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$96.5kWorld Rnk 107 / 182
Flag Rnk 843 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $15.4M in Silver, making it the 45th largest exporter of Silver in the world. At the same year, Silver was the 52nd most exported product in Nicaragua. The main destination of Silver exports from Nicaragua are: United States ($14.2M) and Switzerland ($1.25M).

The fastest growing export markets for Silver of Nicaragua between 2021 and 2022 were Switzerland ($108k).

Imports In 2022, Nicaragua imported $96.5k in Silver, becoming the 107th largest importer of Silver in the world. At the same year, Silver was the 843rd most imported product in Nicaragua. Nicaragua imports Silver primarily from: United States ($90.8k), Costa Rica ($1.97k), Brazil ($1.53k), Guatemala ($1.19k), and Ecuador ($966).

The fastest growing import markets in Silver for Nicaragua between 2021 and 2022 were Costa Rica ($1.33k), Guatemala ($1.19k), and Ecuador ($966).

Latest Trends

Jul 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 Silver. 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)$15.4M
IMPORTS (2022)$96.5k
NET TRADE (2022)$15.3M

In 2022, Nicaragua exported $15.4M in Silver. The main destinations of Nicaragua exports on Silver were United States ($14.2M) and Switzerland ($1.25M).

In 2022, Nicaragua imported $96.5k in Silver, mainly from United States ($90.8k), Costa Rica ($1.97k), Brazil ($1.53k), Guatemala ($1.19k), and Ecuador ($966).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):Switzerland$108k (9.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Nicaragua WERE (2021 - 2022):
United States-$6.11M (-30.1%)
Austria-$4.63k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.51M
TOP IMPORT POTENTIALUnited States+ $43.8k

Silver’s highest export potential is United States. With an export gap of $6.51M.   Silver’s highest import potential is United States with an import gap of $43.8k.

See methodology.

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