Have fun with OEC Games!
ITALY: New subnational monthly data !
New 50% OFF discount for academic accounts !
Sign In
Pricing

2022
Flag → Flag
Exports $126MRnk 107 / 211
2022
Flag → Flag
Top Product $29.3MDelivery Trucks
2022
Flag → Flag
Exports $23.4MRnk 26 / 148
2022
Flag → Flag
Top Product $10.5MCoffee
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
Flag  
GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186

About

Japan-Nicaragua In 2022, Japan exported $126M to Nicaragua. The main products that Japan exported to Nicaragua are Delivery Trucks ($29.3M), Hot-Rolled Iron ($19.8M), and Cars ($13.1M). During the last 27 years the exports of Japan to Nicaragua have increased at an annualized rate of 3.45%, from $50.6M in 1995 to $126M in 2022.

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

Nicaragua-Japan In 2022, Nicaragua exported $23.4M to Japan. The main products that Nicaragua exported to Japan were Coffee ($10.5M), Edible Offal ($2.46M), and Non-Knit Men's Suits ($1.58M). During the last 27 years the exports of Nicaragua to Japan have increased at an annualized rate of 3.73%, from $8.69M in 1995 to $23.4M in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Latest Trends

February, 2024

About

Overview In February 2024, Japan exported ¥1.19B and imported ¥182M from Nicaragua, resulting in a positive trade balance of ¥1.01B. Between February 2023 and February 2024 the exports of Japan have decreased by ¥-62.2M (-4.96%) from ¥1.25B to ¥1.19B, while imports increased by ¥35.7M (24.5%) from ¥146M to ¥182M.

Trade In February 2024, the top exports of Japan to Nicaragua were Hot-Rolled Iron (¥214M), Flat Flat-Rolled Steel (¥191M), Delivery Trucks (¥184M), Cars (¥101M), and Buses (¥54.8M). In February 2024 the top imports of Japan from Nicaragua were Non-Knit Active Wear (¥70.4M), Knit Sweaters (¥69M), Knit T-shirts (¥39.9M), Animal Organs (¥31.8M), and Non-Knit Men's Suits (¥23.5M).

Origins In February 2024 the exports of Japan were mainly from Aichi (¥489M), Kanagawa (¥367M), Ibaraki (¥244M), Hyōgo (¥41.3M), and Fukuoka (¥18.5M), while imports destinations were mainly Tokyo (¥98.3M), Chiba (¥50.7M), Kanagawa (¥19.4M), Osaka (¥11.5M), and Fukuoka (¥1.45M).

Growth In February 2024, the decrease in Japan's year-by-year exports to Nicaragua was explained primarily by an decrease in product exports in Motorcycles and cycles (¥-25.9M or -82.6%), Fork-Lifts (¥-23.3M or -73.3%), and Cars (¥-17.3M or -14.7%). In February 2024, the increase in Japan's year-by-year imports  from Nicaragua was explained primarily by an increase in product imports  in Non-Knit Active Wear (¥70M or 15.3k%), Knit Sweaters (¥58.7M or 574%), and Knit T-shirts (¥31.7M or 388%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)¥-62.2M(-4.96%)
IMPORT GROWTH (February 2023 - February 2024)¥35.7M(24.5%)
MAIN EXPORTER (February 2024)Aichi¥489M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Nicaragua and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Nicaragua and Japan Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $126M to Nicaragua. The main products exported from Japan to Nicaragua were Delivery Trucks ($29.3M), Hot-Rolled Iron ($19.8M), and Cars ($13.1M). During the last 27 years the exports of Japan to Nicaragua have increased at an annualized rate of 3.45%, from $50.6M in 1995 to $126M in 2022.

In 2022, Nicaragua exported $23.4M to Japan. The main products exported from Nicaragua to Japan were Coffee ($10.5M), Edible Offal ($2.46M), and Non-Knit Men's Suits ($1.58M). During the last 27 years the exports of Nicaragua to Japan have increased at an annualized rate of 3.73%, from $8.69M in 1995 to $23.4M in 2022.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Nicaragua
Top DestinationUnited States$4.09B

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

In 2021, countries that imported more from Japan than Nicaragua were China ($135B), United States ($137B), and South Korea ($50.8B).

In 2021, countries that imported more from Nicaragua than Japan were Honduras ($541M), El Salvador ($437M), and North Korea ($36.2k).

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

Comparative Advantage Japan - Nicaragua

Flow
Scale

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

During 2022, Japan had a large net trade with Nicaragua in the exports of Transportation ($56.9M), Metals ($27.8M), and Machines ($25.6M).

During 2022, Nicaragua had a large net trade with Japan in the exports of Vegetable Products ($11.5M), Textiles ($5.29M), and Animal Products ($5.14M).

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 Japan has comparative advantage over Nicaragua. Similarly, the more yellow a dot/product is, the more Nicaragua has comparative advantage over Japan.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms