US trade with Nicaragua in the 3rd quarter of 2017

Published or Updated: Mar 29, 2018

The report on US foreign trade in goods with Nicaragua in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Nicaragua

In the 3rd quarter of 2017, US trade with Nicaragua was $1,235.8 million, down 4.13% ($53.3 million) from the 3rd quarter of 2016.

US exports to Nicaragua in the 3rd quarter of 2017 totaled $384.9 million, up 5.88% ($21.4 million) from the 3rd quarter of 2016.

US imports from Nicaragua in the 3rd quarter of 2017 were $850.8 million, down 8.07% ($74.7 million) from the 3rd quarter of 2016.

US trade deficit with Nicaragua in the 3rd quarter of 2017 was $465.9 million, a 17.09% decrease ($96.0 million) over the 3rd quarter of 2016.

Nicaragua was the US 63rd largest trading partner in the 3rd quarter of 2017 (down from 60th in the 3rd quarter of 2016), accounting for 0.1252% of US total trade (down from 0.1572% in the 3rd quarter of 2016).

Nicaragua was the US 66th largest export market in the 3rd quarter of 2017 (up from 67th in the 3rd quarter of 2016), accounting for 0.1009% of US total exports (down from 0.1049% in the 3rd quarter of 2016).

Nicaragua was the US 59th largest supplier in the 3rd quarter of 2017 (down from 55th in the 3rd quarter of 2016), accounting for 0.1405% of US total imports (down from 0.1955% in the 3rd quarter of 2016).

US Exports to Nicaragua

The major share of US exports to Nicaragua in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 22.98% of US total exports to Nicaragua (21.01% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 22.71% of US total exports to Nicaragua (25.53% in the 3rd quarter of 2016);
  • Mineral products (HS codes 25-27) - 17.42% of US total exports to Nicaragua (12.89% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 12.56% of US total exports to Nicaragua (16.19% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 6.90% of US total exports to Nicaragua (6.90% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 2.28% of US total exports to Nicaragua (2.42% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.43% of US total exports to Nicaragua (2.23% in the 3rd quarter of 2016).

The largest gains in US exports to Nicaragua in the 3rd quarter of 2017 over the 3rd 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 $20.2 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $13.3 million;
  • Fertilizers (HS code 31) - 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;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $1.4 million;
  • Man-made staple fibers (HS code 55) - an increase of $1.3 million.

The largest declines in US exports to Nicaragua in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $8.3 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 $4.1 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $3.6 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $2.2 million;
  • Knitted or crocheted fabrics (HS code 60) - a decrease of $1.4 million;
  • Articles of iron or steel (HS code 73) - a decrease of $1.3 million;
  • Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use (HS code 59) - a decrease of $1.2 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $1.2 million.
US exports to Nicaragua in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
01 Live animals 173.3 0.05 238.1-27.22
02 Meat and edible meat offal 3,168.9 0.82 2,885.89.81
03 Fish and crustaceans, molluscs and other aquatic invertebrates 492.3 0.13 601.2-18.11
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 2,754.7 0.72 2,264.421.65
05 Products of animal origin, not elsewhere specified or included 390.7 0.10 321.221.65
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 29.0 0.01 0.0
07 Edible vegetables and certain roots and tubers 425.5 0.11 958.1-55.59
08 Edible fruit and nuts; peel of citrus fruit or melons 1,094.5 0.28 944.715.85
09 Coffee, tea, maté and spices 108.4 0.03 344.7-68.55
10 Cereals 15,370.8 3.99 23,710.2-35.17
11 Products of the milling industry; malt; starches; inulin; wheat gluten 136.0 0.04 185.1-26.54
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 1,340.1 0.35 1,869.6-28.32
13 Lac; gums, resins and other vegetable saps and extracts 38.4 0.01 46.6-17.42
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 1,289.1 0.33 3,538.3-63.57
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 256.1 0.07 380.7-32.71
17 Sugars and sugar confectionery 394.3 0.10 196.2100.96
18 Cocoa and cocoa preparations 863.5 0.22 616.040.18
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,562.8 0.41 1,136.037.58
20 Preparations of vegetables, fruit, nuts or other parts of plants 2,190.1 0.57 1,885.216.17
21 Miscellaneous edible preparations 3,170.5 0.82 3,520.4-9.94
22 Beverages, spirits and vinegar 461.6 0.12 645.5-28.49
23 Residues and waste from the food industries; prepared animal feed 12,376.1 3.22 12,281.90.77
24 Tobacco and manufactured tobacco substitutes 271.3 0.07 306.3-11.43
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 450.0 0.12 489.2-8.02
26 Ores, slag and ash 52.7 0.01 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 66,551.2 17.29 46,384.843.48
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 1,146.9 0.30 1,654.0-30.66
29 Organic chemicals 1,412.4 0.37 963.346.62
30 Pharmaceutical products 644.2 0.17 1,373.4-53.10
31 Fertilizers 5,460.6 1.42 2,407.4126.83
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,772.5 0.46 1,710.93.60
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,862.8 0.48 1,350.537.94
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 1,086.4 0.28 1,084.60.17
35 Albuminoidal substances; modified starches; glues; enzymes 777.6 0.20 456.770.26
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0.0 0.00 2.6-100.00
37 Photographic or cinematographic goods 251.2 0.07 140.079.48
38 Miscellaneous chemical products 2,688.7 0.70 3,072.7-12.50
39 Plastics and articles thereof 7,617.0 1.98 8,162.7-6.68
40 Rubber and articles thereof 1,848.4 0.48 2,699.8-31.53
41 Raw hides and skins (other than furskins) and leather 7.5 0.00 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 243.7 0.06 242.60.45
44 Wood and articles of wood; wood charcoal 680.7 0.18 289.6135.07
45 Cork and articles of cork 3.2 0.00 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 2.7 0.00 36.5-92.72
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 7,536.8 1.96 7,102.16.12
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 545.4 0.14 1,385.0-60.62
52 Cotton 11,996.5 3.12 12,268.2-2.21
54 Man-made filaments 617.7 0.16 858.2-28.03
55 Man-made staple fibers 7,361.4 1.91 6,059.721.48
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 257.9 0.07 285.6-9.69
57 Carpets and other textile floor coverings 180.0 0.05 705.5-74.49
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 10,570.2 2.75 7,801.635.49
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 348.6 0.09 1,587.7-78.04
60 Knitted or crocheted fabrics 11,630.9 3.02 13,039.0-10.80
61 Articles of apparel and clothing accessories, knitted or crocheted 37,421.1 9.72 24,116.455.17
62 Articles of apparel and clothing accessories, not knitted or crocheted 842.0 0.22 867.7-2.96
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 6,160.2 1.60 7,383.9-16.57
64 Footwear, gaiters and the like; parts of such articles 762.4 0.20 1,103.0-30.88
65 Headgear and parts thereof 64.4 0.02 17.4270.73
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 197.5 0.05 198.4-0.48
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 33.7 0.01 77.9-56.70
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 517.6 0.13 584.3-11.42
69 Ceramic products 135.9 0.04 208.3-34.76
70 Glass and glassware 289.6 0.08 298.8-3.06
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 94.0 0.02 101.1-7.08
72 Iron and steel 100.5 0.03 176.6-43.08
73 Articles of iron or steel 2,051.6 0.53 3,362.2-38.98
74 Copper and articles thereof 133.4 0.03 1,002.5-86.70
75 Nickel and articles thereof 0.0 0.00 3.2-100.00
76 Aluminum and articles thereof 1,172.7 0.30 882.332.92
78 Lead and articles thereof 21.3 0.01 0.0
79 Zinc and articles thereof 29.2 0.01 6.9325.12
80 Tin and articles thereof 21.8 0.01 57.4-62.06
81 Other base metals; cermets; articles thereof 6.2 0.00 11.3-45.49
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,412.4 0.37 1,743.2-18.98
83 Miscellaneous articles of base metal 547.9 0.14 871.5-37.13
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 41,049.0 10.66 40,632.71.02
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 26,548.9 6.90 30,661.4-13.41
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 94.0 0.02 90.63.73
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 11,658.3 3.03 15,289.9-23.75
88 Aircraft, spacecraft, and parts thereof 1,576.2 0.41 214.9633.53
89 Ships, boats and floating structures 817.5 0.21 671.621.72
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 5,671.2 1.47 5,265.77.70
91 Clocks and watches and parts thereof 28.0 0.01 39.0-28.27
92 Musical instruments; parts and accessories of such articles 97.3 0.03 122.5-20.54
93 Arms and ammunition; parts and accessories thereof 173.8 0.05 234.8-25.99
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 2,941.8 0.76 2,974.2-1.09
95 Toys, games and sports requisites; parts and accessories thereof 1,825.5 0.47 1,396.630.70
96 Miscellaneous manufactured articles 2,412.6 0.63 1,490.761.84
97 Works of art, collectors’ pieces and antiques 94.3 0.02 88.07.17

US Imports from Nicaragua

The major share of US imports from Nicaragua in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 49.67% of US total imports from Nicaragua (44.92% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 26.45% of US total imports from Nicaragua (24.82% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 14.59% of US total imports from Nicaragua (16.53% in the 3rd quarter of 2016);
  • Precious metals and stones (HS code 71) - 7.74% of US total imports from Nicaragua (11.99% in the 3rd quarter of 2016).

The largest gains in US imports from Nicaragua in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Meat and edible meat offal (HS code 02) - an increase of $7.1 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $7.0 million.

The largest declines in US imports from Nicaragua in the 3rd quarter of 2017 over the 3rd 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 $45.1 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 $29.6 million;
  • Sugars and sugar confectionery (HS code 17) - a decrease of $12.2 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $3.4 million.
US imports from Nicaragua in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
01 Live animals 17.4 0.00 18.0-3.54
02 Meat and edible meat offal 55,841.9 6.56 48,769.714.50
03 Fish and crustaceans, molluscs and other aquatic invertebrates 12,982.1 1.53 16,338.0-20.54
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 5,524.1 0.65 4,652.118.75
05 Products of animal origin, not elsewhere specified or included 23.9 0.00 76.0-68.53
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 437.0 0.05 291.250.04
07 Edible vegetables and certain roots and tubers 6,367.8 0.75 7,095.7-10.26
08 Edible fruit and nuts; peel of citrus fruit or melons 6,834.6 0.80 8,179.0-16.44
09 Coffee, tea, maté and spices 75,830.3 8.91 73,913.52.59
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0.0 0.00 2.6-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 646.2 0.08 846.3-23.65
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 2.5-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 3,782.8 0.44 2,767.436.69
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 876.1 0.10 531.664.79
17 Sugars and sugar confectionery 4,504.7 0.53 16,694.3-73.02
18 Cocoa and cocoa preparations 40.2 0.00 35.114.52
19 Preparations of cereals, flour, starch or milk; bakers’ wares 143.8 0.02 100.343.30
20 Preparations of vegetables, fruit, nuts or other parts of plants 26.0 0.00 30.5-14.64
21 Miscellaneous edible preparations 25.6 0.00 94.9-72.97
22 Beverages, spirits and vinegar 3,718.4 0.44 2,032.682.94
24 Tobacco and manufactured tobacco substitutes 47,387.3 5.57 47,200.70.40
30 Pharmaceutical products 291.8 0.03 506.8-42.41
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 3.1-100.00
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 20.8 0.00 0.0
39 Plastics and articles thereof 489.1 0.06 572.4-14.56
41 Raw hides and skins (other than furskins) and leather 8.4 0.00 0.51,609.55
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1,106.6 0.13 1,034.17.01
44 Wood and articles of wood; wood charcoal 477.0 0.06 612.9-22.17
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 10.5 0.00 8.227.70
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 53.3 0.01 44.918.76
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4.9 0.00 19.4-74.86
50 Silk 19.0 0.00 24.0-20.56
52 Cotton 1.7 0.00 115.0-98.49
54 Man-made filaments 30.8 0.00 24.923.44
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 2.9 0.00 20.7-86.00
57 Carpets and other textile floor coverings 15.3 0.00 61.7-75.17
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 32.1 0.00 1.42,251.91
60 Knitted or crocheted fabrics 3.6 0.00 3.61.00
61 Articles of apparel and clothing accessories, knitted or crocheted 304,561.0 35.80 297,524.12.37
62 Articles of apparel and clothing accessories, not knitted or crocheted 113,740.1 13.37 113,799.9-0.05
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 467.9 0.05 366.727.58
64 Footwear, gaiters and the like; parts of such articles 3,738.1 0.44 3,814.9-2.01
65 Headgear and parts thereof 1.1 0.00 7.7-85.45
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 113.2 0.01 215.1-47.36
69 Ceramic products 214.7 0.03 82.7159.57
70 Glass and glassware 0.0 0.00 21.8-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 65,833.3 7.74 110,964.9-40.67
72 Iron and steel 0.0 0.00 2.2-100.00
74 Copper and articles thereof 520.4 0.06 386.734.58
76 Aluminum and articles thereof 328.4 0.04 164.699.54
80 Tin and articles thereof 5.7 0.00 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 2.6-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 798.5 0.09 453.276.20
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 121,932.5 14.33 151,538.0-19.54
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 15.2-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,384.2 0.16 990.239.78
92 Musical instruments; parts and accessories of such articles 33.1 0.00 13.7141.02
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 6,502.1 0.76 6,504.1-0.03
95 Toys, games and sports requisites; parts and accessories thereof 161.2 0.02 270.9-40.50
96 Miscellaneous manufactured articles 0.0 0.00 65.4-100.00
97 Works of art, collectors’ pieces and antiques 247.6 0.03 597.6-58.56
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce