Singapore Exports to Nicaragua

Singapore's exports to Nicaragua fell to $5.13 million in 2023, down from $6.49 million in 2022, according to the UN Comtrade Database. This represents a decrease of 20.9% ($1.36 million) from the previous year. Top exports from Singapore to Nicaragua were Mineral fuels, oils, waxes, bitumen ($2.36 million), Optical, medical, measuring instruments ($689,215.88), Paper, paperboard and articles ($542,351.55).

Singapore moved from a trade surplus with Nicaragua of $3.5 million in 2022 to a deficit of $329,896.3 in 2023. This represents a reversal of $3.83 million (109.4%).
Exported Goods Historical Exports Data

Singapore Exports to Nicaragua by Goods (2023)

The table below shows the ranking of Singapore exports to Nicaragua by goods in 2023, highlighting the top exported goods.

Export Rank Exported Goods Export Value (USD) ↓ Year
1 Mineral fuels, oils, waxes, bitumen $2.36M 2023
2 Optical, medical, measuring instruments $689,215.88 2023
3 Paper, paperboard and articles $542,351.55 2023
4 Unspecified commodities $518,247.70 2023
5 Tobacco, nicotine products and substitutes $304,335.33 2023
6 Machinery, mechanical appliances, reactors $195,615.58 2023
7 Vehicles other than railway or tramway and parts $173,547.43 2023
8 Electrical machinery and equipment; audio and video equipment $104,025.86 2023
9 Organic chemicals $90,223.40 2023
10 Zinc and zinc articles $88,778.15 2023
11 Rubber and rubber articles $28,187.92 2023
12 Plastics and plastic articles $19,121.80 2023
13 Articles of iron or steel $16,990.79 2023
14 Miscellaneous manufactured goods $2,488.42 2023
15 Printed books, newspapers, printed matter $1,115.39 2023