2022
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GDP
$15.7BCURRENT US$
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2012-2022
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GDP GROWTH
48.8%CURRENT US$
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2022
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 GDP
$18TCURRENT US$
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2012-2022
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GDP GROWTH
111%CURRENT US$
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2022
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GDP PC 
$2,255CURRENT US$
Rnk 142 / 186
2012-2022
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GDP PC GROWTH
29.1%CURRENT US$
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2022
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GDP PC
$12,720CURRENT US$
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2012-2022
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GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Nicaragua-China In 2022, Nicaragua exported $34.5M to China. The main products that Nicaragua exported to China are Precious Metal Ore ($18.6M), Non-Iron and Steel Slag, Ash and Residues ($5.19M), and Ground Nut Oil ($4.65M). During the last 27 years the exports of Nicaragua to China have increased at an annualized rate of 32.1%, from $18.7k in 1995 to $34.5M in 2022.

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

China-Nicaragua In 2022, China exported $1.18B to Nicaragua. The main products that China exported to Nicaragua were Light Rubberized Knitted Fabric ($141M), Broadcasting Equipment ($55.1M), and Trunks and Cases ($51M). During the last 27 years the exports of China to Nicaragua have increased at an annualized rate of 21.4%, from $6.3M in 1995 to $1.18B in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nicaragua exported $34.5M to China. The main products exported from Nicaragua to China were Precious Metal Ore ($18.6M), Non-Iron and Steel Slag, Ash and Residues ($5.19M), and Ground Nut Oil ($4.65M). During the last 27 years the exports of Nicaragua to China have increased at an annualized rate of 32.1%, from $18.7k in 1995 to $34.5M in 2022.

In 2022, China exported $1.18B to Nicaragua. The main products exported from China to Nicaragua were Light Rubberized Knitted Fabric ($141M), Broadcasting Equipment ($55.1M), and Trunks and Cases ($51M). During the last 27 years the exports of China to Nicaragua have increased at an annualized rate of 21.4%, from $6.3M in 1995 to $1.18B in 2022.

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

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

Latest Data

Trade between Nicaragua (Flag) and China (Flag)

Nicaragua Exports

China Exports

Market Competitiveness

Color
Nicaragua
Top Destination
United States$4.09B
China
Top Destination
United States$551B

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

In 2021, countries that imported more from Nicaragua than China were Saint Martin ($22.9k).

In 2021, countries that imported more from China than Nicaragua were United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Nicaragua - China

Flow
Scale

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

During 2022, Nicaragua had a large net trade with China in the exports of Mineral Products ($24.1M), Animal and Vegetable Bi-Products ($4.65M), and Metals ($3.27M).

During 2022, China had a large net trade with Nicaragua in the exports of Machines ($298M), Textiles ($264M), and Metals ($113M).

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

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

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