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2022
Flag → Flag
Exports $4.4MRnk 46 / 148
2022
Flag → Flag
Top Product $2.34MRaw Sugar
2022
Flag → Flag
Exports $31MRnk 70 / 185
2022
Flag → Flag
Top Product $4.46MMalt Extract
2022
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Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
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Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
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$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH12.7%CURRENT US$
Rnk 142 / 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
2022
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GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
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GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Nicaragua-Chile In 2022, Nicaragua exported $4.4M to Chile. The main products that Nicaragua exported to Chile are Raw Sugar ($2.34M), Hard Liquor ($479k), and Recovered Paper ($284k). During the last 27 years the exports of Nicaragua to Chile have increased at an annualized rate of 3.64%, from $1.68M in 1995 to $4.4M in 2022.

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

Chile-Nicaragua In 2022, Chile exported $31M to Nicaragua. The main products that Chile exported to Nicaragua were Malt Extract ($4.46M), Processed Cereals ($4.06M), and Aluminium Foil ($2.67M). During the last 27 years the exports of Chile to Nicaragua have increased at an annualized rate of 13.9%, from $929k in 1995 to $31M in 2022.

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

Comparison In 2022,  Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nicaragua exported $4.4M to Chile. The main products exported from Nicaragua to Chile were Raw Sugar ($2.34M), Hard Liquor ($479k), and Recovered Paper ($284k). During the last 27 years the exports of Nicaragua to Chile have increased at an annualized rate of 3.64%, from $1.68M in 1995 to $4.4M in 2022.

In 2022, Chile exported $31M to Nicaragua. The main products exported from Chile to Nicaragua were Malt Extract ($4.46M), Processed Cereals ($4.06M), and Aluminium Foil ($2.67M). During the last 27 years the exports of Chile to Nicaragua have increased at an annualized rate of 13.9%, from $929k in 1995 to $31M in 2022.

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

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

Latest Data

Trade between Nicaragua (Flag) and Chile (Flag)

Nicaragua Exports

Chile Exports

Market Competitiveness

Color
Nicaragua
Top DestinationUnited States$4.09B
Chile
Top DestinationChina$38.5B

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

In 2021, countries that imported more from Nicaragua than Chile were Honduras ($541M), El Salvador ($437M), and Guatemala ($221M).

In 2021, countries that imported more from Chile than Nicaragua were China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Nicaragua - Chile

Flow
Scale

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

During 2022, Nicaragua had a large net trade with Chile in the exports of Foodstuffs ($2.83M), Textiles ($671k), and Paper Goods ($284k).

During 2022, Chile had a large net trade with Nicaragua in the exports of Foodstuffs ($8.4M), Vegetable Products ($7.19M), and Chemical Products ($3.64M).

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

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

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