Nicaragua

In 2013, the value of merchandise exports of Nicaragua increased slightly by 1.0 percent to reach 4.6 bln US$, while its merchandise imports decreased moderately by 8.8 percent to reach 5.5 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively small deficit of 904.7 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed North America at 1.5 bln US$ (see graph 4). Merchandise exports in Nicaragua were moderately concentrated amongst partners; imports were diversified. The top 6 partners accounted for 80 percent or more of exports and 11 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Nicaragua increased moderately by 7.4 percent, reaching 712.0 mln US$, while its imports of services increased moderately by 9.7 percent and reached 919.4 mln US$ (see graph 2). There was a moderate trade in services deficit of 207.4 mln US$.

Related Subject(s): International Trade and Finance

Countries: Nicaragua