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Nicaragua is the 110th largest export economy in the world. In 2016, Nicaragua exported $9.9B and imported $12.5B, resulting in a negative trade balance of $2.62B.

The top exports of Nicaragua are Insulated Wire ($1.02B), Knit T-shirts ($559M), Coffee ($398M), Gold ($379M) and Knit Sweaters ($347M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Light Rubberized Knitted Fabric ($297M), Packaged Medicaments ($218M), Crude Petroleum ($206M), Cars ($181M) and Insulated Wire ($162M).

Nicaragua borders Costa Rica and Honduras by land and El Salvador and Colombia by sea.

Economic Complexity of Nicaragua

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