US trade with Nicaragua in the first half of 2017

Published or Updated: Oct 21, 2017

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

US Trade with Nicaragua

In the first half of 2017, US trade with Nicaragua totaled $2,452.6 million, up 0.98% ($23.8 million) from the first half of 2016.

US exports to Nicaragua in the first half of 2017 totaled $759.9 million, up 1.02% ($7.6 million) from the first half of 2016.

US imports from Nicaragua in the first half of 2017 totaled $1,692.7 million, up 0.96% ($16.1 million) from the first half of 2016.

US trade deficit with Nicaragua in the first half of 2017 was $932.8 million, a 0.92% increase ($8.5 million) over the first half of 2016.

Nicaragua was the US 61st largest trading partner in the first half of 2017 (up from 62nd in the first half of 2016), accounting for 0.1274% of US total trade (down from 0.1349% in the first half of 2016).

Nicaragua was the US 67th largest export market in the first half of 2017 (down from 66th in the first half of 2016), accounting for 0.1004% of US total exports (down from 0.1058% in the first half of 2016).

Nicaragua was the US 58th largest supplier in the first half of 2017 (down from 55th in the first half of 2016), accounting for 0.1450% of US total imports (down from 0.1539% in the first half of 2016).

US Exports to Nicaragua

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 22.25% of US total exports to Nicaragua (31.12% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 20.82% of US total exports to Nicaragua (18.92% in the first half of 2016);
  • Mineral products (HS codes 25-27) - 19.28% of US total exports to Nicaragua (12.14% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 14.44% of US total exports to Nicaragua (13.60% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 7.77% of US total exports to Nicaragua (7.09% in the first half of 2016);
  • Wood and wood products (HS codes 44-49) - 2.93% of US total exports to Nicaragua (2.23% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 1.79% of US total exports to Nicaragua (1.50% in the first half of 2016).

The largest gains in US exports to Nicaragua in the first half of 2017 over the first half 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 $54.6 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $13.8 million;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $5.9 million;
  • Fertilizers (HS code 31) - an increase of $5.7 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $5.3 million;
  • Plastics and articles thereof (HS code 39) - an increase of $4.2 million;
  • Cereals (HS code 10) - an increase of $3.4 million;
  • Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use (HS code 59) - an increase of $3.1 million;
  • Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery (HS code 58) - an increase of $2.8 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 $2.7 million.

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $61.6 million;
  • Knitted or crocheted fabrics (HS code 60) - a decrease of $6.6 million;
  • Miscellaneous chemical products (HS code 38) - a decrease of $6.6 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $4.8 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - a decrease of $3.4 million.
US exports to Nicaragua in the first half of 2017 by product groups
HS
code
Name of product group Value
of exports
in first-half 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
01 Live animals 482.7 0.06 645.7-25.25
02 Meat and edible meat offal 9,282.7 1.22 8,246.812.56
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,087.3 0.14 2,997.5-63.73
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 4,987.2 0.66 3,211.155.31
05 Products of animal origin, not elsewhere specified or included 1,179.9 0.16 346.2240.82
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 43.4 0.01 25.073.52
07 Edible vegetables and certain roots and tubers 764.9 0.10 527.445.03
08 Edible fruit and nuts; peel of citrus fruit or melons 1,961.2 0.26 1,372.542.89
09 Coffee, tea, maté and spices 362.1 0.05 288.925.36
10 Cereals 30,396.0 4.00 26,979.912.66
11 Products of the milling industry; malt; starches; inulin; wheat gluten 116.1 0.02 210.5-44.82
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 3,331.8 0.44 3,141.56.06
13 Lac; gums, resins and other vegetable saps and extracts 79.1 0.01 70.612.13
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 12,973.2 1.71 7,647.269.65
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,096.0 0.14 652.168.07
17 Sugars and sugar confectionery 773.4 0.10 731.65.71
18 Cocoa and cocoa preparations 1,408.8 0.19 1,569.8-10.25
19 Preparations of cereals, flour, starch or milk; bakers’ wares 3,649.5 0.48 3,230.612.97
20 Preparations of vegetables, fruit, nuts or other parts of plants 4,319.0 0.57 3,561.221.28
21 Miscellaneous edible preparations 6,796.7 0.89 7,080.6-4.01
22 Beverages, spirits and vinegar 1,228.1 0.16 1,516.6-19.02
23 Residues and waste from the food industries; prepared animal feed 21,195.6 2.79 24,607.1-13.86
24 Tobacco and manufactured tobacco substitutes 2,184.9 0.29 3,656.5-40.25
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,589.3 0.21 977.862.53
26 Ores, slag and ash 6.8 0.00 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 144,936.7 19.07 90,332.660.45
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 3,871.8 0.51 1,139.8239.70
29 Organic chemicals 3,730.2 0.49 3,601.43.58
30 Pharmaceutical products 2,571.8 0.34 2,124.921.03
31 Fertilizers 7,212.2 0.95 1,525.9372.66
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 5,182.3 0.68 4,674.810.86
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 3,337.0 0.44 3,309.90.82
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 1,923.1 0.25 2,627.5-26.81
35 Albuminoidal substances; modified starches; glues; enzymes 1,115.6 0.15 1,130.8-1.34
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 46.2 0.01 17.1170.84
37 Photographic or cinematographic goods 154.4 0.02 492.9-68.67
38 Miscellaneous chemical products 7,581.9 1.00 14,194.6-46.59
39 Plastics and articles thereof 18,051.0 2.38 13,821.130.60
40 Rubber and articles thereof 4,270.6 0.56 4,706.5-9.26
41 Raw hides and skins (other than furskins) and leather 23.4 0.00 13.869.28
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 434.8 0.06 573.2-24.15
43 Furskins and artificial fur; manufactures thereof 32.3 0.00 14.1129.75
44 Wood and articles of wood; wood charcoal 1,298.2 0.17 1,384.3-6.22
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 25.2-56.13
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 19,959.8 2.63 14,099.241.57
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 983.4 0.13 1,235.7-20.41
50 Silk 0.0 0.00 132.0-100.00
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 18.9 0.00 231.9-91.85
52 Cotton 19,576.1 2.58 17,909.59.31
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 130.7 0.02 13.9840.27
54 Man-made filaments 1,301.9 0.17 1,383.1-5.87
55 Man-made staple fibers 13,196.1 1.74 15,230.9-13.36
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,105.9 0.15 762.245.10
57 Carpets and other textile floor coverings 257.8 0.03 335.5-23.17
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 19,056.9 2.51 16,288.617.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 3,507.9 0.46 371.8843.58
60 Knitted or crocheted fabrics 26,946.9 3.55 33,595.8-19.79
61 Articles of apparel and clothing accessories, knitted or crocheted 55,679.0 7.33 41,862.033.01
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,575.5 0.21 1,299.121.27
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 13,443.8 1.77 11,553.416.36
64 Footwear, gaiters and the like; parts of such articles 2,197.0 0.29 1,232.178.32
65 Headgear and parts thereof 54.6 0.01 109.6-50.15
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 88.1 0.01 7.61,064.75
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 76.1 0.01 26.3189.08
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,138.9 0.15 1,146.4-0.66
69 Ceramic products 209.0 0.03 335.0-37.60
70 Glass and glassware 788.3 0.10 521.651.15
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 115.6 0.02 177.5-34.86
72 Iron and steel 496.4 0.07 537.8-7.71
73 Articles of iron or steel 5,006.9 0.66 5,408.8-7.43
74 Copper and articles thereof 1,821.5 0.24 263.2592.12
75 Nickel and articles thereof 19.6 0.00 0.0
76 Aluminum and articles thereof 1,790.7 0.24 1,364.331.26
78 Lead and articles thereof 88.7 0.01 2.53,445.04
79 Zinc and articles thereof 57.5 0.01 92.1-37.58
80 Tin and articles thereof 7.0 0.00 27.7-74.74
81 Other base metals; cermets; articles thereof 8.6 0.00 21.7-60.50
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 3,062.9 0.40 2,038.950.22
83 Miscellaneous articles of base metal 1,263.8 0.17 1,548.8-18.40
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 78,601.8 10.34 140,207.0-43.94
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 50,677.7 6.67 52,291.8-3.09
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 301.2 0.04 177.270.03
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 24,831.2 3.27 29,668.5-16.30
88 Aircraft, spacecraft, and parts thereof 2,378.6 0.31 1,061.4124.10
89 Ships, boats and floating structures 123.8 0.02 57.1116.92
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 12,127.1 1.60 10,611.914.28
91 Clocks and watches and parts thereof 86.7 0.01 90.9-4.69
92 Musical instruments; parts and accessories of such articles 240.3 0.03 2,248.9-89.31
93 Arms and ammunition; parts and accessories thereof 389.6 0.05 777.0-49.86
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 5,873.6 0.77 7,597.6-22.69
95 Toys, games and sports requisites; parts and accessories thereof 2,347.4 0.31 3,287.9-28.60
96 Miscellaneous manufactured articles 4,162.8 0.55 4,790.3-13.10
97 Works of art, collectors’ pieces and antiques 50.0 0.01 1,194.5-95.81

US Imports from Nicaragua

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

  • Textiles, textile products and footwear (HS codes 50-67) - 43.58% of US total imports from Nicaragua (43.80% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 30.66% of US total imports from Nicaragua (26.42% in the first half of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 16.45% of US total imports from Nicaragua (17.38% in the first half of 2016);
  • Precious metals and stones (HS code 71) - 7.80% of US total imports from Nicaragua (10.96% in the first half of 2016).

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

  • Coffee, tea, maté and spices (HS code 09) - an increase of $29.0 million;
  • Meat and edible meat offal (HS code 02) - an increase of $21.6 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $13.5 million;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $11.4 million;
  • Sugars and sugar confectionery (HS code 17) - an increase of $6.8 million.

The largest declines in US imports from Nicaragua in the first half of 2017 over the first half 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 $51.7 million;
  • 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 (HS code 85) - a decrease of $14.5 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $7.5 million.
US imports from Nicaragua in the first half of 2017 by product groups
HS
code
Name of product group Value
of imports
in first-half 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
01 Live animals 38.2 0.00 45.6-16.11
02 Meat and edible meat offal 100,564.1 5.94 78,976.927.33
03 Fish and crustaceans, molluscs and other aquatic invertebrates 38,979.2 2.30 34,479.413.05
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 10,236.7 0.60 9,839.44.04
05 Products of animal origin, not elsewhere specified or included 89.8 0.01 158.3-43.26
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 5,100.7 0.30 4,697.88.58
07 Edible vegetables and certain roots and tubers 16,526.9 0.98 15,828.94.41
08 Edible fruit and nuts; peel of citrus fruit or melons 11,281.8 0.67 14,782.6-23.68
09 Coffee, tea, maté and spices 189,848.1 11.22 160,860.118.02
11 Products of the milling industry; malt; starches; inulin; wheat gluten 7.3 0.00 2.4201.65
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 1,724.9 0.10 1,821.3-5.29
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 32.4 0.00 41.3-21.59
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,429.4 0.08 540.0164.72
17 Sugars and sugar confectionery 46,885.2 2.77 40,078.016.98
18 Cocoa and cocoa preparations 153.7 0.01 112.836.21
19 Preparations of cereals, flour, starch or milk; bakers’ wares 377.2 0.02 349.87.84
20 Preparations of vegetables, fruit, nuts or other parts of plants 115.6 0.01 248.4-53.47
21 Miscellaneous edible preparations 4,088.1 0.24 75.35,332.51
22 Beverages, spirits and vinegar 5,768.1 0.34 5,652.42.05
24 Tobacco and manufactured tobacco substitutes 85,652.7 5.06 74,264.615.33
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 10.1-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 5.2 0.00 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 4.7-100.00
30 Pharmaceutical products 2,222.7 0.13 1,364.762.87
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 86.4 0.01 23.4269.23
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 34.9 0.00 77.0-54.60
38 Miscellaneous chemical products 0.0 0.00 162.9-100.00
39 Plastics and articles thereof 449.9 0.03 1,110.7-59.49
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1,301.6 0.08 1,839.2-29.23
44 Wood and articles of wood; wood charcoal 891.1 0.05 1,136.5-21.59
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0.0 0.00 18.0-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 102.7 0.01 58.376.02
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 35.3 0.00 24.444.30
50 Silk 46.6 0.00 40.614.62
52 Cotton 152.8 0.01 66.8128.81
54 Man-made filaments 60.8 0.00 45.832.68
55 Man-made staple fibers 0.9 0.00 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 33.7 0.00 34.9-3.59
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 44.1 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 0.3647.80
60 Knitted or crocheted fabrics 3.2 0.00 7.4-56.54
61 Articles of apparel and clothing accessories, knitted or crocheted 540,790.3 31.95 527,322.92.55
62 Articles of apparel and clothing accessories, not knitted or crocheted 190,573.4 11.26 198,028.9-3.76
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 925.6 0.05 930.1-0.48
64 Footwear, gaiters and the like; parts of such articles 4,967.6 0.29 7,722.2-35.67
65 Headgear and parts thereof 21.4 0.00 108.4-80.23
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 253.6 0.01 412.1-38.46
69 Ceramic products 368.8 0.02 300.722.62
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 131,995.3 7.80 183,714.5-28.15
72 Iron and steel 0.0 0.00 5.4-100.00
74 Copper and articles thereof 513.1 0.03 270.289.91
76 Aluminum and articles thereof 579.5 0.03 467.124.06
80 Tin and articles thereof 22.7 0.00 7.7196.08
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 9.4 0.00 14.0-33.18
83 Miscellaneous articles of base metal 3.0 0.00 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,168.7 0.07 266.5338.55
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 274,972.7 16.24 289,470.8-5.01
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 309.1 0.02 2.810,989.99
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,026.8 0.12 1,730.817.10
92 Musical instruments; parts and accessories of such articles 19.1 0.00 17.96.90
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 11,352.4 0.67 9,556.718.79
95 Toys, games and sports requisites; parts and accessories thereof 269.2 0.02 385.0-30.07
97 Works of art, collectors’ pieces and antiques 603.9 0.04 1,511.6-60.05
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce