2022
Exports
$4.4MWorld Rnk 62 / 187
Flag Rnk 94 / 877
2022
PRODUCT COMPLEXITY IN Ink
0.41Rnk 404 / 1025
2022
Imports
$8.03MWorld Rnk 92 / 222
Flag Rnk 193 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $4.4M in Ink, making it the 62nd largest exporter of Ink in the world. At the same year, Ink was the 94th most exported product in Nicaragua. The main destination of Ink exports from Nicaragua are: Dominican Republic ($1.38M), Costa Rica ($1.05M), Honduras ($1.02M), Guatemala ($836k), and United States ($44.8k).

The fastest growing export markets for Ink of Nicaragua between 2021 and 2022 were Dominican Republic ($1.1M), Guatemala ($196k), and United States ($44.8k).

Imports In 2022, Nicaragua imported $8.03M in Ink, becoming the 92nd largest importer of Ink in the world. At the same year, Ink was the 193rd most imported product in Nicaragua. Nicaragua imports Ink primarily from: Guatemala ($1.67M), United States ($938k), South Korea ($859k), Malaysia ($819k), and El Salvador ($710k).

The fastest growing import markets in Ink for Nicaragua between 2021 and 2022 were Guatemala ($609k), South Korea ($280k), and Costa Rica ($105k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ink. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.4M
IMPORTS (2022)$8.03M
NET TRADE (2022)-$3.63M

In 2022, Nicaragua exported $4.4M in Ink. The main destinations of Nicaragua exports on Ink were Dominican Republic ($1.38M), Costa Rica ($1.05M), Honduras ($1.02M), Guatemala ($836k), and United States ($44.8k).

In 2022, Nicaragua imported $8.03M in Ink, mainly from Guatemala ($1.67M), United States ($938k), South Korea ($859k), Malaysia ($819k), and El Salvador ($710k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ink EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
Dominican Republic$1.1M (406%)
Guatemala$196k (30.6%)
United States$44.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ink BY Nicaragua WERE (2021 - 2022):
Honduras-$168k (-14.1%)
Norway-$1.51k (-65.3%)
Canada-$276 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Ink were:
In 2022, Nicaragua's main importing competitors in Ink were:

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Trade Value of Ink by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $151k
TOP IMPORT POTENTIALUnited States+ $295k

Ink’s highest export potential is United States. With an export gap of $151k.   Ink’s highest import potential is United States with an import gap of $295k.

See methodology.

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