2022
Exports
$300World Rnk 106 / 119
Flag Rnk 760 / 877
2022
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.53Rnk 47 / 1025
2022
Imports
$5.62MWorld Rnk 49 / 178
Flag Rnk 243 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $300 in Textile Fiber Machinery, making it the 106th largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 760th most exported product in Nicaragua. The main destination of Textile Fiber Machinery exports from Nicaragua are: Costa Rica ($300).

The fastest growing export markets for Textile Fiber Machinery of Nicaragua between 2021 and 2022 were Costa Rica ($300).

Imports In 2022, Nicaragua imported $5.62M in Textile Fiber Machinery, becoming the 49th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 243rd most imported product in Nicaragua. Nicaragua imports Textile Fiber Machinery primarily from: Belgium ($1.46M), Germany ($1.29M), Japan ($1.26M), China ($775k), and India ($451k).

The fastest growing import markets in Textile Fiber Machinery for Nicaragua between 2021 and 2022 were Belgium ($1.46M), Czechia ($181k), and Switzerland ($145k).

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 Textile Fiber Machinery. 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)$300
IMPORTS (2022)$5.62M
NET TRADE (2022)-$5.62M

In 2022, Nicaragua exported $300 in Textile Fiber Machinery. The main destinations of Nicaragua exports on Textile Fiber Machinery were Costa Rica ($300).

In 2022, Nicaragua imported $5.62M in Textile Fiber Machinery, mainly from Belgium ($1.46M), Germany ($1.29M), Japan ($1.26M), China ($775k), and India ($451k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):Costa Rica$300 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Nicaragua WERE (2021 - 2022):Guatemala-$169 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Textile Fiber Machinery were:
China $1.08B
Japan $807M
In 2022, Nicaragua's main importing competitors in Textile Fiber Machinery were:
China $687M
India $547M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $589
TOP IMPORT POTENTIALChina+ $263k

Textile Fiber Machinery’s highest export potential is China. With an export gap of $589.   Textile Fiber Machinery’s highest import potential is China with an import gap of $263k.

See methodology.

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