US trade with Nicaragua in the 4th quarter of 2017

Published or Updated: May 13, 2018

The report on US foreign trade in goods with Nicaragua in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Nicaragua

In the 4th quarter of 2017, US trade with Nicaragua totaled $1,245.6 million, up 8.68% ($99.5 million) from the 4th quarter of 2016.

US exports to Nicaragua in the 4th quarter of 2017 totaled $438.4 million, up 22.15% ($79.5 million) from the 4th quarter of 2016.

US imports from Nicaragua in the 4th quarter of 2017 totaled $807.2 million, up 2.55% ($20.1 million) from the 4th quarter of 2016.

US trade deficit with Nicaragua in the 4th quarter of 2017 was $368.9 million, a 13.88% decrease ($59.4 million) over the 4th quarter of 2016.

Nicaragua was the US 62nd largest trading partner in the 4th quarter of 2017 (down from 61st in the 4th quarter of 2016), accounting for 0.1194% of US total trade (up from 0.1192% in the 4th quarter of 2016).

Nicaragua was the US 64th largest export market in the 4th quarter of 2017 (up from 69th in the 4th quarter of 2016), accounting for 0.1076% of US total exports (up from 0.0947% in the 4th quarter of 2016).

Nicaragua was the US 58th largest supplier in the 4th quarter of 2017 (up from 59th in the 4th quarter of 2016), accounting for 0.1270% of US total imports (down from 0.1350% in the 4th quarter of 2016).

US Exports to Nicaragua

The major share of US exports to Nicaragua in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 22.08% of US total exports to Nicaragua (26.58% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 21.66% of US total exports to Nicaragua (19.21% in the 4th quarter of 2016);
  • Mineral products (HS codes 25-27) - 20.89% of US total exports to Nicaragua (14.44% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 10.69% of US total exports to Nicaragua (16.87% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 5.84% of US total exports to Nicaragua (8.95% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 3.25% of US total exports to Nicaragua (2.09% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.28% of US total exports to Nicaragua (1.97% in the 4th quarter of 2016).

The largest gains in US exports to Nicaragua in the 4th quarter of 2017 over the 4th 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 $39.9 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $25.7 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $17.7 million;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $6.8 million;
  • Cotton (HS code 52) - an increase of $4.3 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $3.2 million;
  • Man-made staple fibers (HS code 55) - an increase of $3.2 million;
  • Meat and edible meat offal (HS code 02) - an increase of $2.2 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $2.2 million;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - an increase of $2.0 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $1.4 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $1.3 million.

The largest declines in US exports to Nicaragua in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $14.0 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 $5.0 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - a decrease of $3.5 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $3.2 million;
  • Organic chemicals (HS code 29) - a decrease of $2.1 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $1.3 million.
US exports to Nicaragua in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 321.4 0.07 159.9101.01
02 Meat and edible meat offal 6,627.9 1.51 4,380.151.32
03 Fish and crustaceans, molluscs and other aquatic invertebrates 479.4 0.11 662.0-27.58
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 4,373.0 1.00 2,414.881.09
05 Products of animal origin, not elsewhere specified or included 380.8 0.09 332.614.48
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 16.2 0.00 3.9318.56
07 Edible vegetables and certain roots and tubers 212.2 0.05 479.2-55.73
08 Edible fruit and nuts; peel of citrus fruit or melons 4,083.9 0.93 2,845.143.54
09 Coffee, tea, maté and spices 207.0 0.05 131.057.97
10 Cereals 3,701.7 0.84 17,746.6-79.14
11 Products of the milling industry; malt; starches; inulin; wheat gluten 7.7 0.00 16.2-52.42
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 3,245.4 0.74 3,424.0-5.22
13 Lac; gums, resins and other vegetable saps and extracts 85.2 0.02 61.339.14
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0.0 0.00 9.2-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 3,363.1 0.77 4,699.3-28.43
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,014.4 0.23 568.778.38
17 Sugars and sugar confectionery 423.1 0.10 335.925.94
18 Cocoa and cocoa preparations 717.4 0.16 988.3-27.41
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2,462.7 0.56 1,913.028.73
20 Preparations of vegetables, fruit, nuts or other parts of plants 2,276.8 0.52 2,314.8-1.64
21 Miscellaneous edible preparations 4,026.8 0.92 3,949.31.96
22 Beverages, spirits and vinegar 758.8 0.17 677.312.03
23 Residues and waste from the food industries; prepared animal feed 7,557.5 1.72 11,023.3-31.44
24 Tobacco and manufactured tobacco substitutes 509.1 0.12 1,412.4-63.95
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 556.5 0.13 621.1-10.40
26 Ores, slag and ash 0.0 0.00 10.4-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 91,035.8 20.77 51,181.077.87
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 1,447.6 0.33 1,191.821.47
29 Organic chemicals 1,499.1 0.34 3,616.5-58.55
30 Pharmaceutical products 1,490.4 0.34 1,956.7-23.83
31 Fertilizers 581.0 0.13 1,546.0-62.42
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2,612.5 0.60 2,312.912.95
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2,663.1 0.61 1,936.637.51
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 704.3 0.16 1,177.5-40.19
35 Albuminoidal substances; modified starches; glues; enzymes 587.4 0.13 853.6-31.18
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 14.9 0.00 0.0
37 Photographic or cinematographic goods 137.7 0.03 164.3-16.18
38 Miscellaneous chemical products 3,283.7 0.75 3,528.4-6.94
39 Plastics and articles thereof 8,499.3 1.94 11,702.9-27.37
40 Rubber and articles thereof 2,084.0 0.48 2,123.7-1.87
41 Raw hides and skins (other than furskins) and leather 107.3 0.02 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 259.7 0.06 166.356.19
43 Furskins and artificial fur; manufactures thereof 23.1 0.01 3.7531.34
44 Wood and articles of wood; wood charcoal 271.3 0.06 432.7-37.30
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 13,331.0 3.04 6,510.0104.78
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 645.1 0.15 549.917.31
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.0 0.00 16.0-100.00
52 Cotton 11,683.2 2.67 7,379.158.33
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0.0 0.00 24.6-100.00
54 Man-made filaments 539.8 0.12 480.312.40
55 Man-made staple fibers 8,229.5 1.88 5,060.762.62
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 111.4 0.03 481.0-76.85
57 Carpets and other textile floor coverings 50.7 0.01 184.5-72.51
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 10,891.6 2.48 9,935.79.62
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 606.5 0.14 1,405.5-56.85
60 Knitted or crocheted fabrics 11,192.3 2.55 11,022.81.54
61 Articles of apparel and clothing accessories, knitted or crocheted 41,960.3 9.57 24,274.772.86
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,023.4 0.23 720.042.13
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 6,615.3 1.51 6,341.14.32
64 Footwear, gaiters and the like; parts of such articles 1,981.5 0.45 1,562.226.84
65 Headgear and parts thereof 35.0 0.01 18.589.11
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 21.9 0.00 8.4160.73
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 24.2 0.01 34.7-30.22
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 611.4 0.14 685.2-10.76
69 Ceramic products 175.8 0.04 125.739.88
70 Glass and glassware 552.4 0.13 318.973.21
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 61.7 0.01 126.8-51.38
72 Iron and steel 251.7 0.06 534.0-52.86
73 Articles of iron or steel 2,121.4 0.48 2,197.2-3.45
74 Copper and articles thereof 137.3 0.03 702.0-80.44
76 Aluminum and articles thereof 725.8 0.17 1,054.6-31.18
78 Lead and articles thereof 154.0 0.04 29.8416.24
79 Zinc and articles thereof 191.7 0.04 9.91,844.18
80 Tin and articles thereof 6.4 0.00 8.0-19.60
81 Other base metals; cermets; articles thereof 3.4 0.00 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,427.3 0.33 1,467.5-2.74
83 Miscellaneous articles of base metal 587.7 0.13 1,067.0-44.92
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 44,058.3 10.05 43,054.12.33
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 26,668.6 6.08 31,667.7-15.79
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 10.8 0.00 158.7-93.19
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 12,838.2 2.93 14,001.9-8.31
88 Aircraft, spacecraft, and parts thereof 3,910.3 0.89 707.6452.65
89 Ships, boats and floating structures 1,429.7 0.33 64.82,107.04
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 7,891.2 1.80 5,723.037.89
91 Clocks and watches and parts thereof 58.5 0.01 60.4-3.18
92 Musical instruments; parts and accessories of such articles 116.9 0.03 176.6-33.83
93 Arms and ammunition; parts and accessories thereof 117.5 0.03 555.7-78.86
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 2,517.4 0.57 2,761.3-8.83
95 Toys, games and sports requisites; parts and accessories thereof 2,664.4 0.61 1,335.999.45
96 Miscellaneous manufactured articles 2,637.4 0.60 2,162.121.99
97 Works of art, collectors’ pieces and antiques 325.2 0.07 324.60.17
99 Commodities not specified according to kind 52,453.2 11.97 26,713.896.35

US Imports from Nicaragua

The major share of US imports from Nicaragua in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 46.10% of US total imports from Nicaragua (47.86% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 24.16% of US total imports from Nicaragua (22.52% in the 4th quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 17.79% of US total imports from Nicaragua (18.05% in the 4th quarter of 2016);
  • Precious metals and stones (HS code 71) - 10.34% of US total imports from Nicaragua (9.84% in the 4th quarter of 2016).

The largest gains in US imports from Nicaragua in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Meat and edible meat offal (HS code 02) - an increase of $8.0 million;
  • 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) - an increase of $6.0 million;
  • Coffee, tea, maté and spices (HS code 09) - an increase of $3.2 million;
  • Sugars and sugar confectionery (HS code 17) - an increase of $2.8 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $2.5 million.

The largest declines in US imports from Nicaragua in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $3.4 million.
US imports from Nicaragua in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 14.8 0.00 15.8-6.00
02 Meat and edible meat offal 56,803.9 7.04 48,755.516.51
03 Fish and crustaceans, molluscs and other aquatic invertebrates 19,869.7 2.46 19,454.72.13
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 6,829.8 0.85 6,103.611.90
05 Products of animal origin, not elsewhere specified or included 61.4 0.01 121.7-49.53
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 926.7 0.11 743.224.69
07 Edible vegetables and certain roots and tubers 8,299.5 1.03 8,440.9-1.68
08 Edible fruit and nuts; peel of citrus fruit or melons 6,458.2 0.80 8,831.3-26.87
09 Coffee, tea, maté and spices 30,372.0 3.76 27,214.111.60
11 Products of the milling industry; malt; starches; inulin; wheat gluten 15.8 0.00 2.9451.88
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 214.4 0.03 446.3-51.96
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0.0 0.00 13.3-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 3,348.0 0.41 864.2287.40
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 755.5 0.09 545.538.48
17 Sugars and sugar confectionery 8,122.6 1.01 5,323.952.57
18 Cocoa and cocoa preparations 41.0 0.01 63.9-35.80
19 Preparations of cereals, flour, starch or milk; bakers’ wares 198.3 0.02 58.8237.49
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 32.9-100.00
21 Miscellaneous edible preparations 22.5 0.00 140.9-84.01
22 Beverages, spirits and vinegar 3,201.5 0.40 2,386.034.18
24 Tobacco and manufactured tobacco substitutes 49,464.2 6.13 47,710.53.68
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 10.0-100.00
26 Ores, slag and ash 0.0 0.00 45.9-100.00
30 Pharmaceutical products 1,392.6 0.17 988.840.84
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 19.1-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 4.6 0.00 4.60.00
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 25.2 0.00 0.0
38 Miscellaneous chemical products 0.0 0.00 117.6-100.00
39 Plastics and articles thereof 427.0 0.05 297.343.61
40 Rubber and articles thereof 0.3 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) 1,011.9 0.13 868.316.53
44 Wood and articles of wood; wood charcoal 958.8 0.12 467.3105.20
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 14.0 0.00 9.153.64
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 32.7 0.00 57.2-42.88
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 227.6-100.00
50 Silk 15.8 0.00 41.2-61.79
52 Cotton 27.7 0.00 72.7-61.98
54 Man-made filaments 26.8 0.00 39.6-32.31
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 5.1 0.00 16.6-69.48
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 5.1 0.00 5.01.02
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 0.6-100.00
60 Knitted or crocheted fabrics 1.9 0.00 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 266,008.0 32.95 269,408.3-1.26
62 Articles of apparel and clothing accessories, not knitted or crocheted 103,716.8 12.85 102,724.80.97
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 473.6 0.06 277.970.40
64 Footwear, gaiters and the like; parts of such articles 1,844.8 0.23 4,125.8-55.29
65 Headgear and parts thereof 0.0 0.00 0.6-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 76.9 0.01 155.9-50.69
69 Ceramic products 60.8 0.01 112.8-46.10
70 Glass and glassware 3.6 0.00 15.2-76.02
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 83,444.4 10.34 77,476.37.70
72 Iron and steel 3.5 0.00 0.0
74 Copper and articles thereof 803.0 0.10 428.987.24
76 Aluminum and articles thereof 92.3 0.01 202.6-54.42
80 Tin and articles thereof 30.6 0.00 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 161.7 0.02 516.9-68.72
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 141,284.3 17.50 140,058.20.88
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 687.4 0.09 98.6597.10
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,470.1 0.18 1,386.26.05
92 Musical instruments; parts and accessories of such articles 3.3 0.00 0.0
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 4,729.1 0.59 6,126.0-22.80
95 Toys, games and sports requisites; parts and accessories thereof 0.0 0.00 169.9-100.00
97 Works of art, collectors’ pieces and antiques 42.4 0.01 0.0
99 Commodities not specified according to kind 3,337.1 0.41 3,348.4-0.34
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce