Because of the decrease in purchases of capital goods, between January and November 2018 the country registered imports of $4.468 million, 14% less than in the same period of 2017.
The report of the Central Bank of Nicaragua states that "... The trade deficit of goods was 2,113.1 million dollars, for the January-November 2018 period, being this lower by 714.7 million dollars to the observed in the same period of 2017 (-25.3%).
Because of the decline in sales in the agricultural sector, up to September of this year exports totaled $2.000 million, 2.3% less than what was reported in the same period of 2017.
The Central Bank of Nicaragua (BCN) reported that in the case of exports, reductions were registered in the agricultural (-7.8%) and manufacturing (-3.0%) sectors; in contrast, growth was noted in: mining (14.4%) and fishery products (4.1%), continuing with the positive trend observed in recent months.
At the end of the first semester, the commercial deficit of goods amounted to $1.282 billion, 3% more than in the same semester of 2017, and exports were reduced by almost 4% in the same period.
From a statement issued by the Central Bank of Nicaragua:
The Central Bank of Nicaragua (BCN) published on August 17, 2018, the Foreign Trade Report, corresponding to the January-June period.
The trade balance in the region recorded a deficit of $37.150 billion, compared with a deficit of $35.272 billion recorded in the same period in 2012.
From a report issued by the Secretariat for Central American Economic Integration (SIECA):
Total Central American exports accumulated from January to November 2013 amounted to U.S. $27.611 billion, representing a decrease of 1.8% compared to data from the same period last year; such variation, originated from a combination of a decline in coffee sales and lower demand for Central American products from important partners such as Mexico, the European Union, Canada and the United States. In November 2013, 38.0% of Central American exports were made by Costa Rica; 23.2% by Guatemala; 14.6% by El Salvador; followed by Honduras with 13.0%; Nicaragua with 8.2% and Panama with 2.9 percent.
Meanwhile the purchase of consumer goods grew by only 9%, which is attributed to the higher added value in domestic production.
Laprensa.com.ni reports that "Nicaragua’s imports have grown at a slower pace than its exports, which helps to stem the growth of the trade deficit. Between January and November last year the country invested $5.307 billion in the purchase of goods and products, representing a rise of 11.7 percent compared to the same period in 2011. "