In 2023, Nicaragua's total merchandise imports amounted to $10.9 billion. In 2022, Nicaragua's merchandise imports were $11.2 billion. Compared to 2022, Nicaragua's total merchandise imports decreased by 2.97%.

The latest Tendata iTrader data shows that based on the 2-digit HS code, the top 10 import products for Nicaragua in 2023 were:

1. Mineral fuels, oils, distillation products (14.11%, $1.54 billion)

2. Electrical, electronic equipment (7.83%, $854.05 million)

3. Vehicles other than railway, tramway (6.6%, $720.66 million)

4. Articles of apparel, knit or crocheted (6.32%, $689.66 million)

5. Machinery, nuclear reactors, boilers (5.74%, $626.83 million)

6. Pharmaceutical products (4.59%, $501.18 million)

7. Plastics (4.57%, $498.11 million)

8. Knitted or crocheted fabric (3.15%, $344.17 million)

9. Iron and steel (3%, $327.21 million)

10. Cereals (2.62%, $285.58 million)

When you need to understand the market in Nicaragua, you can search by product name or HS code in Tendata's Nicaragua Import Data to gain insights into the market trends across the industry. Besides the options mentioned above, Tendata also allows searches by importer name, importer address, port of origin, destination port, bill of lading number, weight, quantity, number of containers, size, and more. All these fields are available in Nicaragua Import Data, enabling you to conduct quick market analysis. Below is a sample from our query (data as of July 31, 2024):

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The latest Tendata iTrader data indicates that Nicaragua's major import partners are:

1. United States (24.88%, $2.7 billion)

2. China (12.72%, $1.38 billion)

3. Mexico (9.4%, $1.02 billion)

4. Honduras (9.22%, $1 billion)

5. Guatemala (7.85%, $852.23 million)

6. Costa Rica (6.23%, $675.6 million)

7. El Salvador (4%, $433.83 million)

8. India (3.42%, $371.12 million)

9. Ecuador (2.44%, $264.58 million)

10. Japan (1.97%, $213.3 million)

When you want to know whether Nicaraguan importers are inclined to cooperate with exporters from your country, you can search by country name in Tendata's Nicaragua Import Data. Don't forget to select the time frame to access the most recent import and export data. Below is a sample from our query (data as of July 31, 2024):

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Expand your import business in Nicaragua using customs data and relevant market intelligence.

Our Nicaragua trade data covers companies, products, and other detailed customs information. Every shipment detail related to Nicaragua's imports is valuable to the entire industry. From importers and exporters to logistics companies and other sectors, Nicaragua import data adds value to every business.

Why Do You Need Nicaragua Import Data?

According to Nicaragua Import Data, importers can:

1. Quickly find suppliers for the Nicaraguan market

2. Understand the market landscape and trade dynamics in Nicaragua

3. Track competitor activities and stay ahead of them

4. Utilize data-driven insights to update marketing strategies in real-time

5. Set long-term business goals and increase company revenue

Why Choose Tendata's Nicaragua Import Data?

Tendata integrates trade data from 218 countries and regions, business data from 198 countries, and internet data from 172 countries. With one-click search, you can access information on approximately 130 million active global buyers and suppliers. These clients have real procurement records and intentions, allowing your quality customer base to be gathered in just 0.01 seconds, saving you significant time.

If you are a marketer or trader looking to import more cost-effective products, contact us now to access Nicaragua's customs data from 218 countries/regions. Please visit our website at tendata.com or send an email to [email protected] for more information.