Balance of trade in goods and services fell 185% to NIO -61.9 bil in Nicaragua in 2021, according to the National Statistical Office.
Historically, balance of trade in goods and services in Nicaragua reached an all time high of NIO < 0.001 bil in 1979 and an all time low of NIO -62.7 bil in 2015. When compared to Nicaragua's main peers, balance of trade in goods and services in Costa Rica amounted to CRC 661 bil, SVC -7.26 bil in El Salvador, HNL -160 bil in Honduras and MXN -390 bil in Mexico in 2021.
Nicaragua has been ranked 100th within the group of 152 countries we follow in terms of balance of trade in goods and services, 15 places above the position seen 10 years ago.
Balance of Trade In Goods and Services (Local Currency) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Belize | BZD bil | -0.041 | -0.084 | 0.086 | 0.113 | 0.076 | ||||||||||||||||
Costa Rica | CRC bil | -230 | 110 | 156 | 191 | 1,093 | ||||||||||||||||
El Salvador | SVC bil | -4.12 | -3.85 | -4.06 | -4.62 | -4.34 | ||||||||||||||||
Guatemala | GTQ bil | -48.7 | -44.5 | -47.8 | -58.8 | -61.1 | ||||||||||||||||
Honduras | HNL bil | -78.0 | -71.4 | -84.9 | -119 | -112 | ||||||||||||||||
Mexico | MXN bil | -379 | -398 | -398 | -481 | -62.3 | ||||||||||||||||
Nicaragua | NIO bil | -62.7 | -61.0 | -56.8 | -38.8 | -18.7 | ||||||||||||||||
Panama | PAB bil | -2.47 | -2.01 | -2.38 | -2.86 | -1.72 | ||||||||||||||||
USA | UYU bil | -526 | -506 | -537 | -593 | -579 |