2023
Exports
$14.3MWorld Rnk 62 / 208
Flag Rnk 51 / 852
2023
PRODUCT COMPLEXITY IN Vaccines, blood, antisera, toxins and cultures
1.25Rnk 89 / 1025
2023
Imports
$93.5MWorld Rnk 93 / 222
Flag Rnk 21 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $14.3M in Vaccines, blood, antisera, toxins and cultures, making it the 62nd largest exporter of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 51st most exported product in Nicaragua. The main destination of Vaccines, blood, antisera, toxins and cultures exports from Nicaragua are: Venezuela ($6.4M), United States ($2.99M), Cuba ($1.6M), Japan ($732k), and Panama ($585k).

The fastest growing export markets for Vaccines, blood, antisera, toxins and cultures of Nicaragua between 2022 and 2023 were Japan ($591k), United States ($379k), and Peru ($255k).

Imports In 2023, Nicaragua imported $93.5M in Vaccines, blood, antisera, toxins and cultures, becoming the 93rd largest importer of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 21st most imported product in Nicaragua. Nicaragua imports Vaccines, blood, antisera, toxins and cultures primarily from: Hungary ($29.7M), Russia ($29.7M), Germany ($8.43M), China ($4.74M), and United States ($3.34M).

The fastest growing import markets in Vaccines, blood, antisera, toxins and cultures for Nicaragua between 2022 and 2023 were Hungary ($29.6M), Russia ($24.1M), and Germany ($1.9M).

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 Vaccines, blood, antisera, toxins and cultures. 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)$14.3M
IMPORTS (2023)$93.5M
NET TRADE (2023)-$79.2M

In 2023, Nicaragua exported $14.3M in Vaccines, blood, antisera, toxins and cultures. The main destinations of Nicaragua exports on Vaccines, blood, antisera, toxins and cultures were Venezuela ($6.4M), United States ($2.99M), Cuba ($1.6M), Japan ($732k), and Panama ($585k).

In 2023, Nicaragua imported $93.5M in Vaccines, blood, antisera, toxins and cultures, mainly from Hungary ($29.7M), Russia ($29.7M), Germany ($8.43M), China ($4.74M), and United States ($3.34M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vaccines, blood, antisera, toxins and cultures EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
Japan$591k (418%)
United States$379k (14.5%)
Peru$255k (88.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vaccines, blood, antisera, toxins and cultures BY Nicaragua WERE (2022 - 2023):
Venezuela-$13.6M (-68%)
Colombia-$144k (-48.2%)
Guatemala-$56k (-13%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Vaccines, blood, antisera, toxins and cultures were:
In 2023, Nicaragua's main importing competitors in Vaccines, blood, antisera, toxins and cultures were:

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Trade Value of Vaccines, blood, antisera, toxins and cultures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.5M
TOP IMPORT POTENTIALUnited States+ $6.59M

Vaccines, blood, antisera, toxins and cultures’s highest export potential is United States. With an export gap of $5.5M.   Vaccines, blood, antisera, toxins and cultures’s highest import potential is United States with an import gap of $6.59M.

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