Nicaragua: Foreign Trade - March 2016

In the first quarter of 2016, the performance of the export sector was affected by falling prices in international markets and lower export volumes.

Wednesday, May 11, 2016

Foreign Trade report by Central Bank of Nicaragua:

The value of exports amounted to 554.0 billion, with a reduction in value of 17.5 percent compared to the same quarter in 2015. Meanwhile fob imports amounted to 1331.5 million dollars with a growth of 4.1 percent year on year. In regards to cif imports, they reached 1435.3 million (2.7% growth). Non - oil imports grew by 6.5 percent year on year, led by consumer goods, specifically medical and pharmaceutical products and telecommunications equipment.

Trade Balance:

In the first quarter of 2016, the merchandise trade deficit amounted to 777.5 million dollars, up 169.6 billion in respect to the deficit in the same quarter of 2015. The largest trade deficit was determined both by lower export volumes as well as lower contracted prices for major export products. In the first quarter, the value of exports continues to show a reduction (-17.5%) compared to the level of exports achieved in the same period in 2015. Meanwhile, the value of fob imports accumulated up to March increased by 4.1 percent compared to the same period in 2015. The increase was driven by increased entry into the country of medical and pharmaceutical products, and equipment for the telecommunications and transportation industries.

See full report. (In Spanish)

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Nicaragua: Exports Down 4%

September 2018

Between January and July of this year, sales abroad totaled $1.609 billion, which represents a contraction of almost 4% compared to the same period in 2017.

At the end of July, the trade deficit of goods totaled 1.4307 billion dollars, lower by 69.4 million dollars than the deficit observed in the same period in 2017 (-4.6%), reported the Central Bank of Nicaragua.

Nicaragua: Exports Up 33%

June 2017

Foreign sales in the first quarter of the year generated $740 million, which represents an increase of 33% compared to same period in 2016.

From a report by the Central Bank of Nicaragua:

At the end of the first quarter of 2017, the general merchandise trade deficit amounted to US $580.7 million, a significant reduction of 21.5 percent compared to the same period in 2016 (US $ -739.3 million).

Nicaragua: Exports Down 8% in 2016

March 2017

In 2016 the export value of goods and services declined by 8% compared to the previous year, mainly affected by a 14% drop in manufacturing sales.

The value of goods exported fell by 8.1% in 2016 (-9.3% in 2015), affected by a less favorable international environment. However and in terms of dynamics, a smaller reduction was observed in export values in the second half (-2.7% yoy), with respect to that recorded in the first half of the year (-12.4% yoy). This reduction, coupled with the performance of imports, led to the trade deficit increasing by 7.1% in 2016 (8.3% in 2015).  

Central America: Foreign Trade Statistics

August 2011

Analysis of the Central American trade performance in the first quarters of 2010 and 2011.

In addition to the statistical analysis convergence polygons are also used as an illustrative tool in order to facilitate the analysis of regional trade.

A. Export performance
Total Central American exports in the first quarter 2011 were $7.263 million, 21.4% higher than in the same period last year.

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