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Nicaragua

Nicaragua ranked No. 64 in total trade value through March with a total of $1.29 billion. Exports totaled $425.8 million and Imports totaled $868.72 million, a deficit of $442.92 million.

January – March 2019

Top Trading Ports

Total Trade: $1.29 billion

RankPortTotal YTD
1Port Miami $252,656,535
2Port Everglades, Fla. $170,847,545
3Port of Long Beach $132,687,491
4Port of Los Angeles $109,625,448
5Port of Houston $106,026,538
6Miami International Airport $105,947,355
7Port of New Orleans $52,192,604
8Port of Corpus Christi, Texas $43,101,397
9Port of Gulfport, Miss. $40,193,539
10Hartsfield-Jackson Atlanta International Airport $34,665,792

U.S. trade with Nicaragua rose to $1.29 billion through March

Nicaragua’s trade with the United States rose to $1.29 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.97 percent below its total trade during the same time period last year. Nicaragua’s exports decreased 8.54 percent while imports fell 1.55 percent. The U.S. deficit with Nicaragua was $442.92 million.

Through March, 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 Port of Houston. 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 59.62 percent of Nicaragua’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Miami fell 11.59 percent to $252.66 million.
    Exports fell 22.12 percent to $50.03 million. Imports fell 8.54 percent to $202.63 million.
  • Trade with No. 2 Port Everglades, Fla. fell 7.7 percent to $170.85 million.
    Exports fell 20.01 percent to $38.32 million. Imports fell 3.4 percent to $132.53 million.
  • Trade with No. 3 Port of Long Beach rose 2046.39 percent to $132.69 million.
    Exports rose 1659.37 percent to $99.19 million. Imports rose 6057.07 percent to $33.5 million.
  • Trade with No. 4 Port of Los Angeles fell 29.75 percent to $109.63 million.
    Exports fell 81.21 percent to $12.16 million. Imports rose 6.68 percent to $97.47 million.
  • Trade with No. 5 Port of Houston rose 33.17 percent to $106.03 million.
    Exports rose 216.08 percent to $46.61 million. Imports fell 8.4 percent to $59.42 million.

Nicaragua ranked No. 64 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 60.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Nicaragua by value through March were the categories of Clothing accessories; Gasoline, other fuels; Oil; Low value shipments; and Corn, respectively. They accounted for 53.69 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 58.94 percent of all inbound shipments.

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

  • Clothing accessories rose 115.28 percent compared to last year to $89.74 million.
  • Gasoline, other fuels fell 37.07 percent compared to last year to $63.24 million.
  • Oil rose 65.52 percent compared to last year to $43.1 million.
  • Low value shipments fell 7.93 percent compared to last year to $17.2 million.
  • Corn rose 11.17 percent compared to last year to $15.34 million.

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

  • T-shirts, tank tops, knit or crocheted rose 11.05 percent compared to last year to $159.03 million.
  • Insulated wire, cable fell 23.4 percent compared to last year to $99.33 million.
  • Sweaters, pullovers, vests, knit or crocheted rose 1.21 percent compared to last year to $94.29 million.
  • Gold fell 7.27 percent compared to last year to $90.82 million.
  • Men’s or boys’ slacks, suits, not knit rose 10.72 percent compared to last year to $68.56 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.