2023
Exports
$11.9kWorld Rnk 83 / 165
Flag Rnk 528 / 852
2023
PRODUCT COMPLEXITY IN Wood Frames
-0.59Rnk 732 / 1025
2023
Imports
$81.1kWorld Rnk 116 / 209
Flag Rnk 851 / 1104
2023
ECONOMIC COMPLEXITY of Nicaragua
-1Rnk 111 / 132

About

Exports In 2023, Nicaragua exported $11.9k in Wood Frames, making it the 83rd largest exporter of Wood Frames in the world. At the same year, Wood Frames was the 528th most exported product in Nicaragua. The main destination of Wood Frames exports from Nicaragua are: United States ($9.78k), Honduras ($680), Guatemala ($549), Costa Rica ($402), and El Salvador ($379).

The fastest growing export markets for Wood Frames of Nicaragua between 2022 and 2023 were United States ($5.38k), El Salvador ($379), and Costa Rica ($144).

Imports In 2023, Nicaragua imported $81.1k in Wood Frames, becoming the 116th largest importer of Wood Frames in the world. At the same year, Wood Frames was the 851st most imported product in Nicaragua. Nicaragua imports Wood Frames primarily from: China ($38.6k), United States ($22.2k), France ($8.63k), Indonesia ($7.35k), and Germany ($1.92k).

The fastest growing import markets in Wood Frames for Nicaragua between 2022 and 2023 were France ($8.63k), China ($6.21k), and Germany ($1.92k).

Latest Trends

Dec 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 (2023)$11.9k
IMPORTS (2023)$81.1k
NET TRADE (2023)-$69.3k

In 2023, Nicaragua exported $11.9k in Wood Frames. The main destinations of Nicaragua exports on Wood Frames were United States ($9.78k), Honduras ($680), Guatemala ($549), Costa Rica ($402), and El Salvador ($379).

In 2023, Nicaragua imported $81.1k in Wood Frames, mainly from China ($38.6k), United States ($22.2k), France ($8.63k), Indonesia ($7.35k), and Germany ($1.92k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Frames EXPORT MARKETS FOR Nicaragua WERE (2022 - 2023):
United States$5.38k (123%)
El Salvador$379 (1%)
Costa Rica$144 (55.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Frames BY Nicaragua WERE (2022 - 2023):
Honduras-$2.7k (-79.9%)
Spain-$505 (-100%)
Belgium-$30 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nicaragua's main exporting competitors in Wood Frames were:
In 2023, 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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