US trade with Nicaragua in the 1st quarter of 2017

Published or Updated: Jul 21, 2017

The report on US foreign trade in goods with Nicaragua in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Nicaragua

In the 1st quarter of 2017, US trade with Nicaragua totaled $1,235.2 million, up 10.65% ($118.9 million) from the 1st quarter of 2016.

US exports to Nicaragua in the 1st quarter of 2017 totaled $409.3 million, up 25.10% ($82.1 million) from the 1st quarter of 2016.

US imports from Nicaragua in the 1st quarter of 2017 totaled $825.9 million, up 4.66% ($36.8 million) from the 1st quarter of 2016.

US trade deficit with Nicaragua in the 1st quarter of 2017 was $416.5 million, a 9.83% decrease ($45.4 million) over the 1st quarter of 2016.

Nicaragua was the US 61st largest trading partner in the 1st quarter of 2017 (down from 60th in the 1st quarter of 2016), accounting for 0.1317% of US total trade (up from 0.1276% in the 1st quarter of 2016).

Nicaragua was the US 65th largest export market in the 1st quarter of 2017 (up from 68th in the 1st quarter of 2016), accounting for 0.1099% of US total exports (up from 0.0942% in the 1st quarter of 2016).

Nicaragua was the US 58th largest supplier in the 1st quarter of 2017 (down from 55th in the 1st quarter of 2016), accounting for 0.1460% of US total imports (down from 0.1496% in the 1st quarter of 2016).

US Exports to Nicaragua

The major share of US exports to Nicaragua in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 25.25% of US total exports to Nicaragua (9.81% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 20.93% of US total exports to Nicaragua (28.53% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 19.67% of US total exports to Nicaragua (21.20% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 13.04% of US total exports to Nicaragua (15.20% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.18% of US total exports to Nicaragua (6.25% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 2.29% of US total exports to Nicaragua (2.95% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.80% of US total exports to Nicaragua (1.88% in the 1st quarter of 2016).

The largest gains in US exports to Nicaragua in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $70.6 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $10.8 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $3.9 million;
  • Plastics and articles thereof (HS code 39) - an increase of $3.4 million;
  • Fertilizers (HS code 31) - an increase of $3.1 million;
  • Cotton (HS code 52) - an increase of $2.3 million;
  • Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use (HS code 59) - an increase of $2.3 million;
  • Cereals (HS code 10) - an increase of $1.9 million;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $1.6 million;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $1.6 million.

The largest declines in US exports to Nicaragua in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $6.1 million;
  • Knitted or crocheted fabrics (HS code 60) - a decrease of $4.0 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $2.8 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - a decrease of $1.8 million;
  • Man-made staple fibers (HS code 55) - a decrease of $1.3 million;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $1.3 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $1.2 million.
US exports to Nicaragua in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
01 Live animals 244.8 0.06 317.8-22.96
02 Meat and edible meat offal 4,009.7 0.98 4,003.70.15
03 Fish and crustaceans, molluscs and other aquatic invertebrates 475.4 0.12 1,720.6-72.37
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 2,120.7 0.52 1,436.147.67
05 Products of animal origin, not elsewhere specified or included 749.3 0.18 24.72,933.42
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 15.7 0.00 0.0
07 Edible vegetables and certain roots and tubers 158.5 0.04 315.4-49.75
08 Edible fruit and nuts; peel of citrus fruit or melons 1,041.2 0.25 781.033.32
09 Coffee, tea, maté and spices 227.6 0.06 164.738.12
10 Cereals 13,395.3 3.27 11,504.216.44
11 Products of the milling industry; malt; starches; inulin; wheat gluten 68.1 0.02 201.9-66.28
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 871.8 0.21 1,134.1-23.13
13 Lac; gums, resins and other vegetable saps and extracts 71.4 0.02 41.771.04
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 13.8 0.00 7.290.07
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 7,968.5 1.95 4,097.894.46
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 623.1 0.15 320.994.21
17 Sugars and sugar confectionery 421.4 0.10 327.328.76
18 Cocoa and cocoa preparations 771.9 0.19 718.57.44
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,725.2 0.42 1,580.89.13
20 Preparations of vegetables, fruit, nuts or other parts of plants 2,230.9 0.55 1,800.623.90
21 Miscellaneous edible preparations 3,727.4 0.91 3,559.74.71
22 Beverages, spirits and vinegar 606.8 0.15 727.2-16.56
23 Residues and waste from the food industries; prepared animal feed 9,885.9 2.42 11,712.1-15.59
24 Tobacco and manufactured tobacco substitutes 1,972.6 0.48 3,242.6-39.17
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,078.3 0.26 447.0141.21
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 102,274.8 24.99 31,653.2223.11
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 1,980.7 0.48 359.5450.90
29 Organic chemicals 2,035.2 0.50 1,702.519.54
30 Pharmaceutical products 862.4 0.21 1,051.0-17.94
31 Fertilizers 3,203.9 0.78 153.31,989.69
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 3,299.1 0.81 1,650.099.94
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,740.3 0.43 1,946.0-10.57
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 1,138.6 0.28 1,455.2-21.76
35 Albuminoidal substances; modified starches; glues; enzymes 495.6 0.12 481.03.03
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 34.5 0.01 2.61,226.88
37 Photographic or cinematographic goods 91.6 0.02 380.1-75.89
38 Miscellaneous chemical products 2,769.1 0.68 1,902.345.56
39 Plastics and articles thereof 9,786.6 2.39 6,377.653.45
40 Rubber and articles thereof 1,965.0 0.48 2,992.0-34.33
41 Raw hides and skins (other than furskins) and leather 0.0 0.00 13.8-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 215.8 0.05 311.6-30.74
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 11.1-100.00
44 Wood and articles of wood; wood charcoal 772.5 0.19 661.716.74
45 Cork and articles of cork 0.0 0.00 5.1-100.00
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 11.1 0.00 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 8,075.6 1.97 8,348.0-3.26
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 515.5 0.13 650.5-20.75
50 Silk 0.0 0.00 132.0-100.00
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.0 0.00 77.8-100.00
52 Cotton 10,101.3 2.47 7,790.429.66
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 126.8 0.03 13.9811.92
54 Man-made filaments 691.1 0.17 708.5-2.45
55 Man-made staple fibers 6,860.8 1.68 8,152.9-15.85
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 697.0 0.17 384.181.46
57 Carpets and other textile floor coverings 186.1 0.05 153.221.48
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 8,301.4 2.03 8,759.3-5.23
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 2,527.5 0.62 217.61,061.52
60 Knitted or crocheted fabrics 12,645.5 3.09 16,665.2-24.12
61 Articles of apparel and clothing accessories, knitted or crocheted 29,906.7 7.31 19,128.756.34
62 Articles of apparel and clothing accessories, not knitted or crocheted 835.9 0.20 743.712.38
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 6,591.2 1.61 5,818.613.28
64 Footwear, gaiters and the like; parts of such articles 992.0 0.24 544.182.33
65 Headgear and parts thereof 20.3 0.00 39.6-48.64
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.00 7.6-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 51.9 0.01 20.5153.17
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 518.2 0.13 454.514.01
69 Ceramic products 89.3 0.02 229.1-61.03
70 Glass and glassware 431.0 0.11 225.591.18
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 80.4 0.02 70.613.90
72 Iron and steel 263.5 0.06 237.111.11
73 Articles of iron or steel 2,532.3 0.62 3,208.0-21.06
74 Copper and articles thereof 1,071.9 0.26 147.3627.88
75 Nickel and articles thereof 19.6 0.00 0.0
76 Aluminum and articles thereof 1,040.3 0.25 573.481.44
78 Lead and articles thereof 69.1 0.02 2.52,660.15
79 Zinc and articles thereof 52.1 0.01 43.819.19
80 Tin and articles thereof 7.0 0.00 6.312.00
81 Other base metals; cermets; articles thereof 8.6 0.00 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,605.8 0.39 1,291.824.31
83 Miscellaneous articles of base metal 686.5 0.17 647.66.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 38,188.3 9.33 44,322.0-13.84
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 27,412.8 6.70 26,967.01.65
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 16.9 0.00 137.1-87.70
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 12,654.6 3.09 15,466.4-18.18
88 Aircraft, spacecraft, and parts thereof 491.3 0.12 576.4-14.76
89 Ships, boats and floating structures 64.6 0.02 19.6229.24
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 6,829.0 1.67 5,862.116.49
91 Clocks and watches and parts thereof 46.7 0.01 35.033.43
92 Musical instruments; parts and accessories of such articles 140.7 0.03 123.513.95
93 Arms and ammunition; parts and accessories thereof 325.7 0.08 73.7341.90
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 3,363.6 0.82 2,667.026.12
95 Toys, games and sports requisites; parts and accessories thereof 1,522.6 0.37 2,262.9-32.71
96 Miscellaneous manufactured articles 1,892.4 0.46 2,646.5-28.49
97 Works of art, collectors’ pieces and antiques 43.3 0.01 1,181.3-96.34

US Imports from Nicaragua

The major share of US imports from Nicaragua in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 44.33% of US total imports from Nicaragua (44.81% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 28.16% of US total imports from Nicaragua (24.13% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 17.31% of US total imports from Nicaragua (18.06% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 8.48% of US total imports from Nicaragua (11.45% in the 1st quarter of 2016).

The largest gains in US imports from Nicaragua in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Coffee, tea, maté and spices (HS code 09) - an increase of $24.4 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $10.6 million;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $8.9 million;
  • Meat and edible meat offal (HS code 02) - an increase of $7.0 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $5.0 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $3.1 million.

The largest declines in US imports from Nicaragua in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $20.3 million.
US imports from Nicaragua in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
01 Live animals 12.9 0.00 16.5-22.07
02 Meat and edible meat offal 47,322.5 5.73 40,310.017.40
03 Fish and crustaceans, molluscs and other aquatic invertebrates 24,780.4 3.00 19,730.525.59
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 6,580.8 0.80 7,225.3-8.92
05 Products of animal origin, not elsewhere specified or included 62.7 0.01 140.5-55.37
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 4,258.2 0.52 4,114.33.50
07 Edible vegetables and certain roots and tubers 7,521.1 0.91 8,313.2-9.53
08 Edible fruit and nuts; peel of citrus fruit or melons 8,727.5 1.06 9,143.6-4.55
09 Coffee, tea, maté and spices 62,572.3 7.58 38,182.363.88
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 330.2 0.04 597.2-44.71
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0.0 0.00 19.3-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 20.6 0.00 31.3-34.15
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 278.0 0.03 416.0-33.17
17 Sugars and sugar confectionery 24,657.7 2.99 26,111.2-5.57
18 Cocoa and cocoa preparations 75.3 0.01 24.6205.68
19 Preparations of cereals, flour, starch or milk; bakers’ wares 215.7 0.03 109.696.86
20 Preparations of vegetables, fruit, nuts or other parts of plants 39.6 0.00 2.71,343.85
21 Miscellaneous edible preparations 128.1 0.02 2.45,326.19
22 Beverages, spirits and vinegar 3,471.9 0.42 3,291.85.47
24 Tobacco and manufactured tobacco substitutes 41,521.9 5.03 32,609.427.33
30 Pharmaceutical products 1,695.9 0.21 810.4109.27
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 6.3-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 81.8 0.01 0.0
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 0.0 0.00 43.1-100.00
38 Miscellaneous chemical products 0.0 0.00 162.9-100.00
39 Plastics and articles thereof 142.7 0.02 699.8-79.62
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 530.7 0.06 1,048.0-49.36
44 Wood and articles of wood; wood charcoal 441.3 0.05 681.5-35.24
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0.0 0.00 11.4-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 43.9 0.01 16.1172.09
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 23.6 0.00 24.4-3.36
50 Silk 27.2 0.00 17.456.15
52 Cotton 75.7 0.01 35.0116.23
54 Man-made filaments 34.0 0.00 19.871.87
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 2.7 0.00 8.8-68.83
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 6.9 0.00 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 2.4 0.00 0.0
60 Knitted or crocheted fabrics 1.9 0.00 5.4-64.72
61 Articles of apparel and clothing accessories, knitted or crocheted 268,645.5 32.53 258,024.34.12
62 Articles of apparel and clothing accessories, not knitted or crocheted 94,839.4 11.48 91,741.33.38
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 418.5 0.05 395.65.79
64 Footwear, gaiters and the like; parts of such articles 2,073.2 0.25 3,385.4-38.76
65 Headgear and parts thereof 2.2 0.00 0.8168.99
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 106.6 0.01 195.7-45.52
69 Ceramic products 185.1 0.02 129.542.92
70 Glass and glassware 32.9 0.00 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 70,052.0 8.48 90,361.7-22.48
72 Iron and steel 0.0 0.00 2.5-100.00
74 Copper and articles thereof 151.4 0.02 144.05.20
76 Aluminum and articles thereof 380.3 0.05 254.549.41
80 Tin and articles thereof 0.0 0.00 7.7-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 888.4 0.11 172.7414.29
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 140,820.7 17.05 141,575.8-0.53
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 101.7 0.01 2.83,548.08
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,157.1 0.14 730.458.42
92 Musical instruments; parts and accessories of such articles 8.1 0.00 9.3-13.42
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 6,368.8 0.77 5,144.123.81
95 Toys, games and sports requisites; parts and accessories thereof 92.7 0.01 119.4-22.35
97 Works of art, collectors’ pieces and antiques 603.9 0.07 327.284.57
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce