2022
Exports
$2.37kWorld Rnk 132 / 157
Flag Rnk 646 / 877
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.61Rnk 312 / 1025
2022
Imports
$3.03MWorld Rnk 109 / 215
Flag Rnk 338 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $2.37k in Unpackaged Medicaments, making it the 132nd largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 646th most exported product in Nicaragua. The main destination of Unpackaged Medicaments exports from Nicaragua are: Honduras ($1.83k), Costa Rica ($536), and Canada ($8).

The fastest growing export markets for Unpackaged Medicaments of Nicaragua between 2021 and 2022 were Costa Rica ($536) and Canada ($8).

Imports In 2022, Nicaragua imported $3.03M in Unpackaged Medicaments, becoming the 109th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 338th most imported product in Nicaragua. Nicaragua imports Unpackaged Medicaments primarily from: El Salvador ($763k), Dominican Republic ($561k), Panama ($395k), France ($369k), and India ($312k).

The fastest growing import markets in Unpackaged Medicaments for Nicaragua between 2021 and 2022 were Dominican Republic ($561k), France ($335k), and India ($141k).

Latest Trends

Oct 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 Unpackaged Medicaments. 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)$2.37k
IMPORTS (2022)$3.03M
NET TRADE (2022)-$3.03M

In 2022, Nicaragua exported $2.37k in Unpackaged Medicaments. The main destinations of Nicaragua exports on Unpackaged Medicaments were Honduras ($1.83k), Costa Rica ($536), and Canada ($8).

In 2022, Nicaragua imported $3.03M in Unpackaged Medicaments, mainly from El Salvador ($763k), Dominican Republic ($561k), Panama ($395k), France ($369k), and India ($312k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Costa Rica$536 (1%)
Canada$8 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Nicaragua WERE (2021 - 2022):
Guatemala-$13.5k (-100%)
Honduras-$11.4k (-86.2%)
El Salvador-$10 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHonduras+ $1.19k
TOP IMPORT POTENTIALIndia+ $196k

Unpackaged Medicaments’s highest export potential is Honduras. With an export gap of $1.19k.   Unpackaged Medicaments’s highest import potential is India with an import gap of $196k.

See methodology.

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