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Nicaragua

Nicaragua ranked No. 60 in total trade value through February with a total of $820.86 million. Exports totaled $272.78 million and Imports totaled $548.08 million, a deficit of $275.3 million.

January – February 2019

Top Trading Ports

Total Trade: $820.86 million

RankPortTotal YTD
1Port Miami $158,237,967
2Port Everglades, Fla. $105,423,679
3Port of Long Beach $90,087,816
4Port of Los Angeles $74,117,624
5Miami International Airport $70,973,741
6Port of Houston $69,606,262
7Port of New Orleans $30,620,536
8Port of Gulfport, Miss. $25,010,570
9Port of Corpus Christi, Texas $23,101,397
10Hartsfield-Jackson Atlanta International Airport $19,545,918

U.S. trade with Nicaragua rose to $820.86 million through February

Nicaragua’s trade with the United States rose to $820.86 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.43 percent below its total trade during the same time period last year. Nicaragua’s exports decreased 5.64 percent while imports fell 2.29 percent. The U.S. deficit with Nicaragua was $275.3 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Miami; No. 2 Port Everglades, Fla.; No. 3 Port of Long Beach; No. 4 Port of Los Angeles; and No. 5 Miami International Airport. During the same period the previous year, the top five were No. 1 Port Miami No. 2 Port Everglades, Fla. No. 3 Port of Los Angeles No. 4 Port of New Orleans and No. 5 Miami International Airport. In the current time period, the top five accounted for 60.77 percent of Nicaragua’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Miami fell 10.43 percent to $158.24 million.
    Exports fell 27.01 percent to $29.88 million. Imports fell 5.43 percent to $128.36 million.
  • Trade with No. 2 Port Everglades, Fla. fell 12.6 percent to $105.42 million.
    Exports fell 18.86 percent to $24.05 million. Imports fell 10.56 percent to $81.37 million.
  • Trade with No. 3 Port of Long Beach rose 2214.81 percent to $90.09 million.
    Exports rose 1709.27 percent to $64.48 million. Imports rose 7707.67 percent to $25.61 million.
  • Trade with No. 4 Port of Los Angeles fell 25.71 percent to $74.12 million.
    Exports fell 78.76 percent to $7.85 million. Imports rose 5.53 percent to $66.27 million.
  • Trade with No. 5 Miami International Airport rose 17.81 percent to $70.97 million.
    Exports fell 38.11 percent to $12.57 million. Imports rose 46.27 percent to $58.4 million.

Nicaragua ranked No. 60 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 62.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Nicaragua by value through February were the categories of Clothing accessories; Gasoline, other fuels; Oil; Corn; and Low value shipments, respectively. They accounted for 53.81 percent of total exports to Nicaragua.

The value of the top five categories of U.S. imports from Nicaragua –– T-shirts, tank tops, knit or crocheted; Insulated wire, cable; Sweaters, pullovers, vests, knit or crocheted; Gold; and Men’s or boys’ slacks, suits, not knit –– accounted for 59.98 percent of all inbound shipments.

Looking more closely at U.S. exports to Nicaragua:

  • Clothing accessories rose 162.3 percent compared to last year to $59.19 million.
  • Gasoline, other fuels fell 29.28 percent compared to last year to $42.05 million.
  • Oil fell 11.28 percent compared to last year to $23.1 million.
  • Corn rose 158.41 percent compared to last year to $11.5 million.
  • Low value shipments fell 5.33 percent compared to last year to $10.93 million.

Looking more closely at U.S. imports from Nicaragua:

  • T-shirts, tank tops, knit or crocheted rose 11.7 percent compared to last year to $103.19 million.
  • Insulated wire, cable fell 26.48 percent compared to last year to $63.08 million.
  • Sweaters, pullovers, vests, knit or crocheted fell 6.93 percent compared to last year to $61.26 million.
  • Gold fell 6.86 percent compared to last year to $59.08 million.
  • Men’s or boys’ slacks, suits, not knit rose 8.97 percent compared to last year to $42.13 million.

In the latest annual figures available, Nicaragua recorded $4.85 billion in trade with the United States. At year’s end, its were Miami; Los Angeles; Houston; New Orleans; and Wilmington. Total U.S. exports to Nicaragua were $ 1.58 billion and imports from Nicaragua were $3.26 billion. The U.S. deficit with Nicaragua was $1.68 billion.