Nicaragua-Mexico Trade: In 2022, Nicaragua exported $943M to Mexico. The main products that Nicaragua exported to Mexico were Insulated Wire ($617M), Bovine Meat ($114M), and Palm Oil ($71.3M). Over the past 5 years the exports of Nicaragua to Mexico have increased at an annualized rate of 23.1%, from $333M in 2017 to $943M in 2022.
In 2022, Nicaragua did not export any services to Mexico.
Mexico-Nicaragua Trade: In 2022, Mexico exported $994M to Nicaragua. The main products that Mexico exported to Nicaragua were Insulated Wire ($175M), Heavy Pure Woven Cotton ($98.7M), and Other Plastic Products ($55.6M). Over the past 5 years the exports of Mexico to Nicaragua have decreased at an annualized rate of 0.017%, from $995M in 2017 to $994M in 2022.
In 2022, Mexico did not export any services to Nicaragua.
Comparison: In 2022, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).