October 2011
Nicaragua
                         
BASIC INDICATORS
Population (thousands, 2010)  5 788 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2010)  6 551 Merchandise  128 126
GDP (million current PPP US$, 2010)  16 008 excluding intra-EU trade 103 100
Current account balance (million US$, 2010) -  963 Commercial services 139 141
Trade per capita (US$, 2008-2010)  1 447 excluding intra-EU trade 113 115
Trade to GDP ratio (2008-2010)   129.6
Annual percentage change
2010   2005-2010 2009 2010
Real GDP (2005=100)   114 3 -1 4
Exports of goods and services (volume, 2005=100)   175 12 1 37
Imports of goods and services (volume, 2005=100)   118 3 -8 2
                         
TRADE POLICY
WTO accession 3 September 1995 Contribution to WTO budget (%, 2011) 0.022
Trade Policy Review 24, 26 July 2006 Import duties collected (%, 2000-2001)
GPA accession  - in total tax revenue 10.0
Tariffs and duty free imports to total imports 2.5
Tariff binding coverage (%)    100 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2010 Outstanding notifications in WTO Central Registry   12
Simple average of import duties Goods RTAs - services EIAs notified to WTO 5 - 3
All goods   40.7   5.6 Anti-dumping (30 June 2010) ...
Agricultural goods (AOA)   43.4   11.0 Countervailing duties (30 June 2010) ...
Non-agricultural goods   40.3   4.8 Safeguards (22 October 2010)   0
Non ad-valorem duties (% total tariff lines)   0.0   0.3 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2009) Requests for consultation 1 - 2
in agricultural goods (AOA)   24.1 Original panel / Appellate Body (AB) reports 0 - 0
in non-agricultural goods   61.7 Compliance panel / AB reports (Article 21.5 DSU) 0 - 0
Services sectors with GATS commitments   49 Arbitration awards (Article 22.6 DSU) 0 - 0
                         
MERCHANDISE TRADE  Value Annual percentage change
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$)  1 851 16 -6 33
Merchandise imports, c.i.f. (million US$)  4 173 10 -19 20
2010   2010
Share in world total exports    0.01 Share in world total imports  0.03
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   78.5 Agricultural products 17.2
Fuels and mining products   3.0 Fuels and mining products 22.1
Manufactures   6.3 Manufactures 60.7
  By main destination   By main origin
1. United States   32.8 1. United States   20.7
2. Bolivarian Rep. of Venezuela   13.5 2. Bolivarian Rep. of Venezuela   17.7
3. El Salvador   10.7 3. China   8.7
4. European Union (27)   10.4 4. Costa Rica   8.2
5. Canada   8.5 5. Mexico   7.7
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)   430   10 9 -5
Commercial services imports (million US$)   660   9 -13 9
2010   2010
Share in world total exports   0.01   Share in world total imports 0.02
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   11.0   Transportation 49.7
Travel   71.7   Travel 31.1
Other commercial services   17.3   Other commercial services 19.1
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2000 Trademark registrations by office, 2000
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
  7   129   136   404  2 490 ...  2 894