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Balance of Trade In Goods and Services (Local Currency) fell 185% to NIO -61.9 bil in Nicaragua in 2021

Balance of Trade In Goods and Services (Local Currency) (NIO bil), 2021
Economy | Nicaragua | April 1, 2023
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Excel Sheet

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