Nicaragua Import Data

Nicaragua Import Data

The Caribbean Sea and Pacific Ocean surround Nicaragua, a Central American nation shared by Honduras and Costa Rica. Managua is its major city and capital. As Nicaragua import data, Nicaragua's GDP was around USD 18.83 billion in 2023. The nation ranks 93rd in the world in terms of import volume, with total imports hitting USD 10.91 billion in 2023, the biggest amount ever recorded. The United States is Nicaragua's largest exporter, accounting for 24.8% (USD 2.7 billion). Mineral fuels & oils (HS27) comprise around 14.08% (USD 1.53B) of the nation's imports.

As per Nicaragua customs data, despite having a smaller economy, Nicaragua is closely linked to international trade and depends significantly on clothing, electricity, machinery, electronics, cars, and medication imports.

93

Ranked 93rd globally in total imports.

0.1%

Accounts for approximately 0.1% of global imports.

United States

The United States is Nicaragua’s largest import partner.

Mineral fuels & oils

Mineral fuels & oils are the top imported commodities.

 

Top 10 Import Products of Nicaragua

Essential energy supplies, mainly natural fuels and oils, account for 14% of Nicaragua's total imports. According to Nicaragua shipments data, these are closely followed by consumer items like clothing and plastics, industrial machinery, automobiles, and medicines. These top ten product categories collectively represent the nation's fundamental requirements in everyday consumption, production, infrastructure, and health.

  • Mineral fuels & oils (HS 27): 14.08% (USD 1,530 M)
  • Electrical machinery (HS 85): 7.82% (USD 854 M)
  • Vehicles (HS 87): 6.60% (USD 720.7 M)
  • Apparel knitted/crocheted (HS 61): 6.32% (USD 689.7 M)
  • Machinery & boilers (HS 84): 5.74% (USD 626.8 M)
  • Pharmaceuticals (HS 30): 4.59% (USD 501.2 M)
  • Plastics (HS 39): 4.56% (USD 498.1 M)
  • Knitted fabrics (HS 60): 3.15% (USD 344.2 M)
  • Iron & steel (HS 72): 3.00% (USD 327.2 M)
  • Cereals (HS 10): 2.62% (USD 285.6 M)
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Top 10 Import Trading Partners of Nicaragua

As per Nicaragua customs import data, Nicaragua's significant economic linkages throughout North and Central America are highlighted by the fact that the United States accounts for over a quarter of all imports, followed by major suppliers like China and Mexico, as well as regional neighbors like Honduras, Guatemala, and Costa Rica.

  • United States: 24.8% (USD 2,700 M)
  • China: 12.7% (USD 1,380 M)
  • Mexico: 9.4% (USD 1,020.8 M)
  • Honduras: 9.2% (USD 1,002.7 M)
  • Guatemala: 7.8% (USD 852.2 M)
  • Costa Rica: 6.2% (USD 675.6 M)
  • El Salvador: 4.0% (USD 433.8 M)
  • India: 3.4% (USD 371.1 M)
  • Ecuador: 2.4% (USD 264.6 M)
  • Japan: 2.0% (USD 213.3 M)

What Details Contain In Nicaragua Import Data?

All shipments by land, air, and sea are covered by the 100% comprehensive customs detailed data for Nicaragua. Gain access to a sizable dataset with crucial trade attributes that enable in-depth analysis at every level. Businesses, analysts, and politicians may monitor all facets of import operations with this comprehensive data, from product descriptions and shipment sources to pricing and modes of transportation. Users may pinpoint market opportunities, analyze supplier performance, and spot sourcing patterns with full insight into every transaction. This information is a vital starting point for strategic decision-making, whether you're keeping an eye on rivals or preparing to enter the Nicaraguan market. The data contains all required fields:

  • Importer Name
  • Importer Address
  • Exporter Name
  • Exporter Address
  • Shipping Bill Number
  • Shipping Bill Date
  • Declaration Number
  • HS Code
  • Product Description
  • FOB Value
  • CIF Value
  • Port of Origin
  • Manufacturing Country
  • Destination Country
  • Net Weight
  • Gross Weight
  • Quantity
  • Unit
  • Currency & Incoterms
  • Mode of Transportation
  • Port of Loading
  • Port of Unloading
  • Email
  • Contact

Benefits of Nicaragua Import data in your business

  • Use this information to investigate the global market: Learn important information about the Nicaraguan import market and find international vendors.
  • Business Decision: Make well-informed choices supported by correct, up-to-date facts.
  • Reduce Risk: To assess possible hazards, examine shipping data from the past and current periods.
  • Extremely Accurate Data: Obtained from verified customs sources, guaranteeing dependability and validity.
  • Monitor Competitor Business: Determine the sourcing and supply networks of rival companies.
  • Stay Ahead in Pricing Strategy: Use accurate FOB/CIF data to maintain competitive pricing.

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Frequently Asked Questions

According to Nicaragua import data, the United States is Nicaragua’s top export partner, accounting for 24.8% of imports in 2023, valued at USD 2.7 billion. The U.S. exports machinery, pharmaceuticals, fuel, and vehicles, meeting Nicaragua’s industrial and consumer needs.

Based on Nicaragua import export data, Nicaragua’s top manufacturers are mostly in textiles, food processing, and rum/beverage industries. Brands like Flor de Caña contribute to GDP via exports, while others rely on imports of machinery and raw materials to sustain production.

Yes, Nicaragua offers affordable labor, strategic location, and growing trade links. With transparent Nicaragua import data and a rising need for machinery, electronics, and consumer goods, businesses find viable opportunities in import-export, logistics, and assembly.

Yes. Nicaragua customs data provides detailed information including importer/exporter names, contact emails, addresses, shipping dates, and HS codes. This ensures businesses can identify legitimate buyers and sellers in the supply chain.

Import Globals, a verified Nicaragua Import Data Provider, offers reliable and updated customs data sourced from government agencies. Businesses can use this trade data to identify market gaps, suppliers, or high-performing competitors for expansion.

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