By tonnage, the top three U.S. exports were (1) Corn, (2) Rice, and (3) Gasoline, other fuels. US TradeNumbers. Export Controls Includes the U.S. government export controls that U.S. companies need to abide by when exporting to this country. Covering more than 200 nations; over 400 airports, seaports and border crossings; and more than 900 export and 900 import commodities. Concepción Palacios" costado oeste, Colonia Primero de Mayo, Módulo 4, Managua, Laboratorio Nacional de Control de Calidad de Medicamentos, Donde fue la Pepsi 2 c. al Sur, 3 c. Abajo, Managua, Nicaragua’s agricultural import regulations are shared between the, Nicaraguan Institute of Agricultural Protection and Health, Nicaraguan Council of Science and Technology, Containers for Liquefied and Compressed Gasses. Table reflects only those months for which there was trade. 56 among U.S. trade partners in October. Main traded goods are textile and apparel, coffee, drinks and rums, tobacco and chemical products. Nicaragua, country of Central America. © 2020. BIS officials rely on EUCs to safeguard items subject to the EAR from diversion to unauthorized end uses/users.  The verification of a foreign party’s reliability facilitates future trade, including pursuant to BIS license reviews.  If BIS is unable to verify the reliability of the company or is prevented from accomplishing an EUC, the company may receive, for example, more regulatory scrutiny during license reviews or be designated on BIS’s Unverified List or Entity List, as applicable. Nicaragua - U.S. Dollars; World Nicaragua had exported garments worth US$ 769.231 million to the US, during January to July 2012. Nicaragua exports to France - data, historical chart and statistics - was last updated on November of 2020. Export Controls Includes the U.S. government export controls that U.S. companies need to abide by when exporting to this country. The top three U.S. imports from Nicaragua, also by value, were Gold, (2) T-shirts, tank tops, knit or crocheted, and (3) Sweaters, pullovers, vests, knit or crocheted. Nicaragua exports for 2018 was $5.51B, a 3.38% decline from 2017. WorldCity, Inc. generates more than 10 million datasets with the latest U.S. Census Bureau data. or use our feedback form! The United States has been the number-one economic partner for Nicaragua, buying 51 percent of Nicaraguan exports, supplying 32 percent of its imports, providing 20 percent of investment, sending 54 percent of its remittances, and being the origin of … The Ministry of Health Food Inspection Office issues import permits for food and beverages.  All imports of non-processed food must be registered with the Ministry of Agriculture’s Agricultural Health and Sanitation Office.  If a product is imported in bulk and packaged in Nicaragua, a phytosanitary or sanitary certificate is required from the country of origin and the Nicaraguan Ministry of Health Food Inspection Office.  For sugar, the Ministry of Development, Industry, and Trade issues import licenses. Country Groupings: Data in Square Meter Equivilents Data in U.S. It had ranked No. Export ControlsNicaragua - U.S. WorldCity, Inc. All Rights Reserved. Exports structure from Nicaragua in 2018 represented by the following main commodity groups: 20% (1 billion US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted; 10.7% (538 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles Nicaragua, that small Central American country, has become the third largest supplier of … Further information on export controls is available at: http://www.bis.doc.gov/licensing/exportingbasics.htm, BIS’s Export Enforcement (EE) is responsible for the enforcement of the EAR. 3 to Part 730 of the EAR. Export Controls Nicaragua - U.S. Nicaragua's economy was devastated in the 1980s by the Contra War, which saw the destruction of much of the country's infrastructure.At the same time, the US staged an economic blockade from 1985 onward. US TradeNumbers. 2020 : U.S. trade in goods with Nicaragua . In accordance with the EAR, BIS officials conduct site visits, also known as End-Use Checks (EUCs), globally with end-users, consignees, and/or other parties to transactions involving items subject to the EAR, to verify compliance.Â, An EUC is an on-site verification of a party to a transaction to determine whether it is a reliable recipient of U.S. items. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. EUCs are conducted as part of BIS’s licensing process, as well as its compliance program, to determine if items were exported in accordance with a valid BIS authorization or otherwise consistent with the EAR.Â. Exports of Goods and Services for Nicaragua from International Monetary Fund (IMF) for the International Financial Statistics (IFS) release. Main export partners are the United States (30 percent of total exports) and its neighbouring countries of Central America (20 percent of total exports). TRADE DATA U.S. Exports of Nicaragua increased from 953 million current US$ in 2000 to 5,704 million current US$ in 2019 growing at an average annual rate of 10.63%. The top three U.S. imports from Nicaragua, also by value, were Gold, (2) T-shirts, tank tops, knit or crocheted, and (3) Sweaters, pullovers, vests, knit or crocheted. Exports to Nicaragua in the United States averaged 61.25 USD Million from 1990 until 2020, reaching an all time high of 188.69 USD Million in March of 2017 and a record low of 0.20 USD Million in February of 1990. consolidates a number of smaller lists of restricted parties that are maintained by a variety of U.S. Government agencies, including the Department of Commerce,Â. The Commercial Section at the U.S. Embassy in Nicaragua can provide valuable insight into local market conditions and business opportunities. or in Supplement No. Textiles and Apparel Imports by Country. Nicaragua - Imports and Exports - World - Live fish. Nicaragua exports for 2019 was $5.65B, a 2.57% increase from 2018. BIS works closely with U.S. embassies, foreign governments, industry, and trade associations to ensure that exports from the United States are secure. Knit or crochet clothing, accessories: US$2.6 billion (32.1% of total exports) Coffee, tea, spices: $1.1 billion (13.2%) Electrical machinery, equipment: $735.9 million (8.9%) Exports of Goods for Nicaragua from International Monetary Fund (IMF) for the International Monetary Fund - Balance of Payments (BOP) release. EUCs are conducted as part of BIS’s licensing process, as well as its compliance program, to determine if items were exported in accordance with a valid BIS authorization or otherwise consistent with the EAR.  Specifically, an EUC verifies the bona fides of recipient(s) of items subject to the EAR, to include:  confirming their legitimacy and reliability relating to the end use and end user; monitoring their compliance with license conditions; and ensuring such items are used and/or re-exported or transferred (in-country) in accordance with the EAR.BIS officials rely on EUCs to safeguard items subject to the EAR from diversion to unauthorized end uses/users.  The verification of a foreign party’s reliability facilitates future trade, including pursuant to BIS license reviews.  If BIS is unable to verify the reliability of the company or is prevented from accomplishing an EUC, the company may receive, for example, more regulatory scrutiny during license reviews or be designated on BIS’s Unverified List or Entity List, as applicable.BIS has developed a list of “red flags,” or warning signs, intended to discover possible violations of the EAR.  Also, BIS has “Know Your Customer” guidance.BIS provides a variety of training sessions to U.S. exporters throughout the year.  These sessions range from one to two day seminars and focus on the basics of exporting as well as more advanced topics.  Check a current seminar schedule for a list of upcoming seminars.BIS also provides online training.The EAR does not regulate transactions involving all U.S. goods, services, and technologies.  Other U.S. Government agencies regulate more specialized exports.  For example, the U.S. Department of State’s Directorate of Defense Trade Controls has authority over defense articles and services.  A list of other agencies involved in export control can be found on the BIS website or in Supplement No. Leading Sectors for US Exports & Investments Best Prospect Overview ... Nicaragua - U.S. 3 to Part 730 of the EAR.The EAR is available on the BIS website and on the e-CFR (Electronic Code of Federal Regulations) website.The Consolidated Screening List (CSL) is a list of parties for which the United States Government maintains restrictions on certain exports, reexports or transfers of items.  The CSL The Consolidated Screening List API consolidates eleven export screening lists of the Departments of Commerce, State and the Treasury into a single data feed as an aid to industry in conducting electronic screens of potential parties to regulated transactions.The Consolidated Screening List API consolidates eleven export screening lists of the Departments of Commerce, State and the Treasury into a single data feed as an aid to industry in conducting electronic screens of potential parties to regulated transactions.consolidates a number of smaller lists of restricted parties that are maintained by a variety of U.S. Government agencies, including the Department of Commerce,   as an aid to industry in conducting electronic screens of potential parties to regulated transactions.  The CSL is available here: http://apps.export.gov/csl-search or https://developer.trade.gov/consolidated-screening-list.html. Contact the International Trade Macro Analysis Branch: Email us! Nicaragua’s export partner percentages are approximately: United States 34.9 El Salvador 14.5% Honduras 7.5% Costa Rica 6.7%. Nicaragua Exports to World, in US$ Thousand 2014-2018 Nicaragua Export in thousand US$ World between 2014 and 2018 Country / Region. Nicaragua - Exports The economy likely contracted in the second quarter even in the absence of a domestic lockdown, due to a collapse in tourism, weaker activity abroad and domestic uncertainty generated by the health crisis. WorldCity, Inc. All Rights Reserved. © 2020. IPSA is responsible for the inspection of agricultural products at the borders and the regulation of animal feeds, agrochemicals and seeds, while MINSA regulates processed food products.  A general requirement of Nicaragua’s import regulations is that the importer must have an import permit prior to the importation of any shipment.  Processed foods and agrochemicals also require a sanitary register number from the Ministry of Health (MINSA) and/or the Nicaraguan Institute of Agricultural Protection and Health (IPSA).  Good communication between the exporter and importer is essential for a successful commercial relationship.TelecommunicationsThe Nicaraguan Telecommunications Regulator (TELCOR), established in 1982, regulates the telecommunications sector in Nicaragua and operates under the authority of the General Telecommunication and Postal Services Law.  Passed in 1996, this constitutional provision established an institutional and legal framework and empowers TELCOR as an autonomous entity under the guidance of the Presidency to implement regulations and monitor compliance over telecommunications and postal services.  One exception is the regulation of information technology which falls under the authority of Nicaraguan Council of Science and Technology (CONICYT), which reports to the Minister Advisor to the President Omar Halleslevens, and the Telecommunications Investment Fund (FITEL).  TELCOR issues import permits for radio communication equipment, cable television installation equipment, telephone switchboard equipment, and commercial radio broadcast equipment.Containers for Liquefied and Compressed GassesThe Fire Department, Fire Prevention Office, issues import permits for new and used cylinders or containers for liquefied or other compressed gases.FirearmsThe National Police, Firearms and Ammunition Office administers an import permit system for firearms, ammunition, and explosives under the Special Law for Control and Regulation of Firearms, Ammunition, Explosives, and Related Materials (amended 2006/591).  With increase civic unrest, violence and government repression of protesters it is unlikely that new import permits are issued with any ease, as the government attempts to control the flow of firearms into the country.The United States imposes export controls to protect national security interests and promote foreign policy objectives.  The United States also participates in various multilateral export control regimes to prevent the proliferation of weapons of mass destruction and prevent destabilizing accumulations of conventional weapons and related material.  The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) administers U.S. laws, regulations and policies governing the export and reexport of commodities, software, and technology (collectively “items”) falling under the jurisdiction of the Export Administration Regulations (EAR).  The primary goal of BIS is to advance national security, foreign policy, and economic objectives by ensuring an effective export control and treaty compliance system and promoting continued U.S. strategic technology leadership.  BIS also enforces anti-boycott laws and coordinates with U.S. agencies and other countries on export control, nonproliferation and strategic trade issues. BIS is responsible for implementing and enforcing the EAR, which regulate the export, reexport, and transfer (in-country) of items with commercial uses that can also be used in conventional arms, weapons of mass destruction, terrorist activities, or human rights abuses, and less sensitive military items.    BIS’s Export Administration (EA) reviews license applications for exports, reexports, transfers and deemed exports (technology transfers to foreign nationals in the United States) subject to the EAR.  Through its Office of Exporter Services, EA provides information on BIS programs, conducts seminars on complying with the EAR, and provides guidance on licensing requirements and procedures.  EA’s Office of Technology Evaluation (OTE) analyzes U.S. export data on items subject to the EAR, BIS license application data, and global trade information to assess data trends.  OTE’s data portal provides excerpts from statistical reports, along with data sets to enable the public to perform analyses of exports and licensing on its own.  U.S. exporters should consult the EAR for information on how export license requirements may apply to the sale of their items.  If necessary, a commodity classification request may be submitted in order to obtain BIS assistance in determining how an item is controlled (i.e., the item’s classification) and the applicable licensing policy.  Exporters may also request a written advisory opinion from BIS about application of the EAR to a specific situation.  Information on commodity classifications, advisory opinions, and export licenses can be obtained through the BIS website at www.bis.doc.gov or by contacting the Office of Exporter Services at the following numbers: Washington, D.C. Tel: (202) 482-4811 Fax: (202) 482-3322Western Regional Office Tel: (949) 660-0144 Fax: (949) 660-9347Further information on export controls is available at: http://www.bis.doc.gov/licensing/exportingbasics.htmBIS’s Export Enforcement (EE) is responsible for the enforcement of the EAR. - Netweight (kg), Quantity and Value (US$) - 2002 - 2018. Call us: (301)763-2311 or 1-800-549-0595 option 4 U.S. Exports to Nicaragua by 5-digit End-Use Code Roughly 25 wholly or partly owned subsidiaries of US companies operate in Nicaragua. Beef exports rose from 60% of total production in 2006 to more than 95% in 2019, a higher proportion than any other country, according to the U.S. Foreign Agricultural Service. BIS works closely with U.S. embassies, foreign governments, industry, and trade associations to ensure that exports from the United States are secure. The United States imposes export controls to protect national security interests and promote foreign policy objectives.  The United States also participates in various multilateral export control regimes to prevent the proliferation of weapons of mass destruction and prevent destabilizing accumulations of conventional weapons and related material.  The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) administers U.S. laws, regulations and policies governing the export and reexport of commodities, software, and technology (collectively “items”) falling under the jurisdiction of the Export Administration Regulations (EAR).  The primary goal of BIS is to advance national security, foreign policy, and economic objectives by ensuring an effective export control and treaty compliance system and promoting continued U.S. strategic technology leadership.  BIS also enforces anti-boycott laws and coordinates with U.S. agencies and other countries on export control, nonproliferation and strategic trade issues. Nicaragua’s primary trading partner is the US, which provides 25 percent of the country’s imports and receives about 60 percent of its exports. Indicator. Nicaragua will eliminate its tariffs on chicken leg quarters and rice by 2023 and on dairy products by 2025. Nicaraguan Exports to the United States up 36.6% 2005-2009 United States - Nicaragua Bilateral Trade, 2005 - 2009 Millions of U.S. Exports: The top exports of Nicaragua are Knit T-shirts ($629M), Insulated Wire ($537M), Gold ($457M), Coffee ($433M), and Frozen Bovine Meat ($264M), exporting mostly to United States ($3.14B), Mexico ($289M), El Salvador ($285M), Honduras ($220M), and Costa Rica ($156M). Nicaragua exports for 2017 was $5.70B, a 10.32% increase from 2016. This amount includes the free trade zones. A ProNicaragua spokesperson said most of this amount came from exporters shipping through customs-free areas, with a "significant" portion attributed to Caipsa and another exporter, Nicaragua … The largest Central American republic, Nicaragua can be characterized by its agricultural economy, its history of autocratic government, and its imbalance of regional development—almost all settlement and economic activity are concentrated in western Nicaragua.. Includes the U.S. government export controls that U.S. companies need to abide by when exporting to this country. The exports of apparel from Nicaragua, the largest country in the Central American isthmus, to the US have increased marginally to US$ 788.683 million during the first seven months of the current year, according to the Major Shippers Report, released by the U.S. Department of Customs. In 2019, exports for Nicaragua was 5,704 million US dollars. Medicines and CosmeticsThe Ministry of Health Pharmaceutical Office issues import permits for medicines, cosmetics and hygiene products.  Importers must present documentation demonstrating safety and effectiveness and pay fees to obtain a sanitary registration, as well as fees for laboratory analysis (this fee varies if the products are made in Nicaragua).  To ascertain fee amounts, please contact the Ministry of Health.For more information on registering a product or the documents required for importing pharmaceutical products, please contact:Ministry of HealthPharmaceutical DivisionComplejo Nacional de Salud "Dra. Concepción Palacios" costado oeste, Colonia Primero de Mayo, Módulo 4, ManaguaTel: (505) 2289-4700Fax: (505) 2289-4401div-far@minsa.gob.niLaboratorio Nacional de Control de Calidad de MedicamentosDonde fue la Pepsi 2 c. al Sur, 3 c. Abajo, ManaguaTel: (505) 2244-1925lnccm-cndrminsa@hotmail.comAgriculture and LivestockNicaragua’s agricultural import regulations are shared between the Nicaraguan Institute of Agricultural Protection and Health (IPSA) and the Nicaraguan Ministry of Health (MINSA). Exports from Nicaragua amounted to $1.55 billion f.o.b. More than half of U.S. agricultural exports now enter Nicaragua duty free thanks to CAFTA-DR. Nicaragua will eliminate its remaining tariffs on nearly all agricultural goods by 2024, including those on pork, rice, and yellow corn. For more information on registering a product or the documents required for importing pharmaceutical products, please contact: Complejo Nacional de Salud "Dra. The top three U.S. imports, also by tonnage, were (1) T-shirts, tank tops, knit or crocheted, (2) Prepared foods, beverages, and (3) Sweaters, pullovers, vests, knit or crocheted. Please note the exports, imports and tariff data are based on reported data and not gap filled. The Fire Department, Fire Prevention Office, issues import permits for new and used cylinders or containers for liquefied or other compressed gases. 57 for the same month last year. Nicaragua exports to France was US$46.54 Million during 2019, according to the United Nations COMTRADE database on international trade. Nicaragua’s total trade with the United States was $467.73 million in October, a change of -3.59 percent from the same month one year ago. Following the civil war, Nicaragua began free market reforms, privatizing more than 350 state companies and commencing a general trend of economic growth. The Consolidated Screening List API consolidates eleven export screening lists of the Departments of Commerce, State and the Treasury into a single data feed as an aid to industry in conducting electronic screens of potential parties to regulated transactions.The Consolidated Screening List API consolidates eleven export screening lists of the Departments of Commerce, State and the Treasury into a single data feed as an aid to industry in conducting electronic screens of potential parties to regulated transactions. In 2004, 79 783 metric tons of green coffee were exported from Nicaragua at a value of 126 773 (000 US$). The Consolidated Screening List (CSL) is a list of parties for which the United States Government maintains restrictions on certain exports, reexports or transfers of items.  The CSL. of items with commercial uses that can also be used in conventional arms, weapons of mass destruction, terrorist activities, or human rights abuses, and less sensitive military items.  Â, BIS’s Export Administration (EA) reviews license applications for exports, reexports, transfers and deemed exports (technology transfers to foreign nationals in the United States) subject to the EAR.  Through its Office of Exporter Services, EA provides information on BIS programs, conducts seminars on complying with the EAR, and provides guidance on licensing requirements and procedures.  EA’s Office of Technology Evaluation (OTE) analyzes U.S. export data on items subject to the EAR, BIS license application data, and global trade information to assess data trends.Â, provides excerpts from statistical reports, along with data sets to enable the public to perform analyses of exports and licensing on its own.Â, U.S. exporters should consult the EAR for information on how export license requirements may apply to the sale of their items.  If necessary, a commodity classification request may be submitted in order to obtain BIS assistance in determining how an item is controlled (. According statistics from the Nicaraguan Central Bank, exports have been growing at an annual rate of 18% while in the 2016 calendar year the industry notched export returns of US$37.8 million. Details may not equal totals due to rounding. Annual International Trade Statistics by Country Updated November 17, 2019 According to the statistics of CIA FactBook, Nicaragua exported US$6,567 million worth of goods around the world in 2018. The top three U.S. exports by value in October were Clothing accessories, (2) Gasoline, other fuels, and (3) Cell phones, related equipment. We promote the export of U.S. goods and services and protect U.S. business interests in Nicaragua, working closely with the U.S. Commercial Service office in El Salvador to provide the best possible service to U.S. companies. And one country has led that surge of imported beef. Los valores actuales, los datos históricos, las previsiones, estadísticas, gráficas y calendario económico - Nicaragua - Exportaciones. The latest available country-specific data from 2018 shows that 90.8% of products exported from Nicaragua were bought by importers in: United States (61.1% of the global total), El Salvador (5.7%), Mexico (5.6%), Honduras (4.4%), Costa Rica (3.1%), Guatemala (2.6%), Taiwan (1.9%), United Kingdom (1.4%), Germany (1.4%), China (also 1.4%), Belgium (1.1%) and Spain (also 1.1%). Exports to Nicaragua in the United States decreased to 118.68 USD Million in October from 133.04 USD Million in September of 2020. The Consolidated Screening List API consolidates eleven export screening lists of the Departments of Commerce, State and the Treasury into a single data feed as an aid to industry in conducting electronic screens of potential parties to regulated transactions.The Consolidated Screening List API consolidates eleven export screening lists of the Departments of Commerce, State and the Treasury into a single data feed as an aid to industry in conducting electronic screens of potential parties to regulated transactions.Â. Privacy Policy. Trade Flow. in 2005. The change in exports was -11.45 percent and the change in imports was -0.65 percent.  as an aid to industry in conducting electronic screens of potential parties to regulated transactions.  The CSL is available here: https://developer.trade.gov/consolidated-screening-list.html, Foreign Safeguard Activity Involving U.S. Exports, Nicaragua - Using an Agent to Sell US Products and Services, Nicaragua - Distribution and Sales Channels, Nicaragua - Selling Factors and Techniques, Nicaragua - Trade Promotion and Advertising, Nicaragua - Sales Service/Customer Support, Nicaragua - Protecting Intellectual Property, Nicaragua - Principal Business Associations, Nicaragua - Limitations on Selling U.S. Products and Services, Nicaragua - Import Requirements and Documentation, Nicaragua - Labeling/Marking Requirements, Nicaragua - Prohibited & Restricted Imports, Nicaragua - U.S. Banks and Local Correspondent Banks. Exports of Nicaragua increased from 953 million US dollars in 2000 to 5,704 million US dollars in 2019 growing at an average annual rate of 10.63%. ,” or warning signs, intended to discover possible violations of the EAR.Â, BIS provides a variety of training sessions to U.S. exporters throughout the year.  These sessions range from one to two day seminars and focus on the basics of exporting as well as more advanced topics.Â, The EAR does not regulate transactions involving all U.S. goods, services, and technologies.  Other U.S. Government agencies regulate more specialized exports.  For example, the U.S. Department of State’s Directorate of Defense Trade Controls has authority over defense articles and services.  A list of other agencies involved in export control can be found on the. By tonnage, the top three U.S. exports were (1) Corn, (2) Rice, and (3) Gasoline, other fuels. This page provides forecast and historical data, charts, statistics, news and updates for Nicaragua Exports of Goods. This page provides forecast and historical data, charts, statistics, news and updates for Nicaragua Exports of Goods and Services. In accordance with the EAR, BIS officials conduct site visits, also known as End-Use Checks (EUCs), globally with end-users, consignees, and/or other parties to transactions involving items subject to the EAR, to verify compliance.  An EUC is an on-site verification of a party to a transaction to determine whether it is a reliable recipient of U.S. items. , the weight of industries is growing in Nicaragua 36.6 % 2005-2009 United States El! On chicken leg quarters and rice by 2023 and on dairy products by 2025 from International Fund! Than 10 Million datasets with the latest U.S. Census Bureau data between 2014 2018... 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