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2022
Flag → Flag
Exports $11.6MRnk 132 / 218
2022
Flag → Flag
Top Product $1.96MOther Edible Preparations
2022
Flag → Flag
Exports $4.01MRnk 50 / 148
2022
Flag → Flag
Top Product $1.88MCoffee
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
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Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
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GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
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 GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
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GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
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GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
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GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186
2022
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GDP PC$2,255CURRENT US$
Rnk 142 / 186
2012-2022
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GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186

About

Denmark-Nicaragua In 2022, Denmark exported $11.6M to Nicaragua. The main products that Denmark exported to Nicaragua are Other Edible Preparations ($1.96M), Packaged Medicaments ($1.37M), and Vitamins ($882k). During the last 27 years the exports of Denmark to Nicaragua have increased at an annualized rate of 0.15%, from $11.2M in 1995 to $11.6M in 2022.

In 2022, Denmark did not export any services to Nicaragua.

Nicaragua-Denmark In 2022, Nicaragua exported $4.01M to Denmark. The main products that Nicaragua exported to Denmark were Coffee ($1.88M), Molasses ($1.86M), and Honey ($82.4k). During the last 27 years the exports of Nicaragua to Denmark have increased at an annualized rate of 6.41%, from $749k in 1995 to $4.01M in 2022.

In 2022, Nicaragua did not export any services to Denmark.

Comparison In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $11.6M to Nicaragua. The main products exported from Denmark to Nicaragua were Other Edible Preparations ($1.96M), Packaged Medicaments ($1.37M), and Vitamins ($882k). During the last 27 years the exports of Denmark to Nicaragua have increased at an annualized rate of 0.15%, from $11.2M in 1995 to $11.6M in 2022.

In 2022, Nicaragua exported $4.01M to Denmark. The main products exported from Nicaragua to Denmark were Coffee ($1.88M), Molasses ($1.86M), and Honey ($82.4k). During the last 27 years the exports of Nicaragua to Denmark have increased at an annualized rate of 6.41%, from $749k in 1995 to $4.01M in 2022.

Exports from Denmark (Flag) to Nicaragua (Flag) (2022)

Exports from Nicaragua (Flag) to Denmark (Flag) (2022)

Latest Data

Trade between Denmark (Flag) and Nicaragua (Flag)

Denmark Exports

Nicaragua Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Nicaragua
Top DestinationUnited States$4.09B

This map shows whether countries import more from Denmark or Nicaragua. Each country is colored based on the difference in imports they receive from Denmark and Nicaragua or the difference in the growth in imports.

In 2021, countries that imported more from Denmark than Nicaragua were Germany ($18.9B), Sweden ($11.6B), and United States ($13.1B).

In 2021, countries that imported more from Nicaragua than Denmark were Honduras ($541M), Mexico ($943M), and El Salvador ($437M).

Difference in imports from Nicaragua (Flag) and Denmark (Flag) (2022)

Comparative Advantage Denmark - Nicaragua

Flow
Scale

This chart compares trade between Denmark and Nicaragua by product, considering products traded by both, Denmark and Nicaragua.

During 2022, Denmark had a large net trade with Nicaragua in the exports of Chemical Products ($3.34M), Machines ($3.13M), and Foodstuffs ($2.42M).

During 2022, Nicaragua had a large net trade with Denmark in the exports of Foodstuffs ($1.94M), Vegetable Products ($1.89M), and Animal Products ($82.4k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Denmark has comparative advantage over Nicaragua. Similarly, the more yellow a dot/product is, the more Nicaragua has comparative advantage over Denmark.

Product Space of Denmark (Flag) and Nicaragua (Flag) (2022)

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