2022
Exports
$5.26kWorld Rnk 98 / 164
Flag Rnk 598 / 877
2022
PRODUCT COMPLEXITY IN Wood Frames
-0.32Rnk 656 / 1025
2022
Imports
$190kWorld Rnk 90 / 206
Flag Rnk 762 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $5.26k in Wood Frames, making it the 98th largest exporter of Wood Frames in the world. At the same year, Wood Frames was the 598th most exported product in Nicaragua. The main destination of Wood Frames exports from Nicaragua are: Honduras ($3.38k), Costa Rica ($632), United States ($625), Guatemala ($449), and Spain ($78).

The fastest growing export markets for Wood Frames of Nicaragua between 2021 and 2022 were Honduras ($2.26k), Costa Rica ($558), and United States ($160).

Imports In 2022, Nicaragua imported $190k in Wood Frames, becoming the 90th largest importer of Wood Frames in the world. At the same year, Wood Frames was the 762nd most imported product in Nicaragua. Nicaragua imports Wood Frames primarily from: China ($155k), United States ($16.8k), Indonesia ($8.87k), Chinese Taipei ($3.88k), and Honduras ($1.62k).

The fastest growing import markets in Wood Frames for Nicaragua between 2021 and 2022 were China ($30.9k), Indonesia ($8.87k), and Chinese Taipei ($3.88k).

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 Wood Frames. 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)$5.26k
IMPORTS (2022)$190k
NET TRADE (2022)-$184k

In 2022, Nicaragua exported $5.26k in Wood Frames. The main destinations of Nicaragua exports on Wood Frames were Honduras ($3.38k), Costa Rica ($632), United States ($625), Guatemala ($449), and Spain ($78).

In 2022, Nicaragua imported $190k in Wood Frames, mainly from China ($155k), United States ($16.8k), Indonesia ($8.87k), Chinese Taipei ($3.88k), and Honduras ($1.62k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Frames EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Honduras$2.26k (202%)
Costa Rica$558 (754%)
United States$160 (34.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Frames BY Nicaragua WERE (2021 - 2022):
Chinese Taipei-$364 (-100%)
Ireland-$113 (-100%)
Mexico-$50 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wood Frames by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.19k
TOP IMPORT POTENTIALChina+ $24k

Wood Frames’s highest export potential is United States. With an export gap of $3.19k.   Wood Frames’s highest import potential is China with an import gap of $24k.

See methodology.

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