{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:14.967Z",
  "seo": {
    "title": "Belarus exports to Nicaragua: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Belarus to Nicaragua, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "BLR",
    "country_name": "Belarus"
  },
  "importer": {
    "iso3": "NIC",
    "country_name": "Nicaragua"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "BLR",
    "importer_iso3": "NIC",
    "all_history_lane_count": 8,
    "current_lane_count": 5,
    "current_product_count": 5,
    "first_observed_last_year": 1998,
    "latest_data_year": 2024,
    "current_trade_usd": 1308039.4756780085,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 0,
    "unrecovered_drawdown_trade_usd": 504933.7918224754,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 1226235.7493937232,
    "access_friction_trade_usd": 1308039.4756780085,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 0,
    "unrecovered_drawdown_lane_count": 2,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 4,
    "access_friction_lane_count": 5,
    "trade_weighted_volatility_cv": 0.4162697203233223,
    "trade_weighted_below_peak_pct": 34.78264642072872,
    "product_concentration_hhi": 3733.3528016522932,
    "top1_product_share_pct": 49.06388215156605,
    "top3_product_share_pct": 90.50830279428656,
    "top_product_hs6": "870422",
    "top_product_trade_usd": 641774.9468426205,
    "top_product_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 5 tonnes but not exceeding 20 tonnes), nes in item no 8704.1",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": 10422.1455078125,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 7.006268120306514,
    "avg_mfn_tariff_pct": 7.006268120306514,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 14,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 14013.022092000001,
    "buyer_gdp_pc_latest": 2091,
    "buyer_population_latest": 6702.379,
    "buyer_gdp_5y_cagr_pct": 9.172346628065231,
    "buyer_gdp_pc_5y_cagr_pct": 7.77149231502996,
    "buyer_population_5y_cagr_pct": 1.2998375386140015,
    "buyer_investment_5y_avg_pct": 29.536,
    "buyer_savings_5y_avg_pct": 13.639999999999997,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 0,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 14013.022092000001,
    "buyer_gdp_pc_2024": 2091,
    "buyer_population_2024": 6702.379
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 440524.66814456676,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 459009.9030003246,
      "yoy_growth_pct": 4.196186091828924,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 658090.7738593403,
      "yoy_growth_pct": 43.37180299547369,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 449591.12251061347,
      "yoy_growth_pct": -31.682506370054565,
      "cagr_3y_pct": 0.6813812083724669
    },
    {
      "year": 1999,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 686588.5743236109,
      "yoy_growth_pct": 52.71399721808401,
      "cagr_3y_pct": 14.364571081327737
    },
    {
      "year": 2000,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 848347.7934010188,
      "yoy_growth_pct": 23.55984721079347,
      "cagr_3y_pct": 8.833528771067932
    },
    {
      "year": 2001,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 330287.2301840355,
      "yoy_growth_pct": -61.06700191204402,
      "cagr_3y_pct": -9.768532930982754
    },
    {
      "year": 2002,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 546903.6380207695,
      "yoy_growth_pct": 65.58425153646894,
      "cagr_3y_pct": -7.301776030900298
    },
    {
      "year": 2003,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 343690.5007502915,
      "yoy_growth_pct": -37.157027882626856,
      "cagr_3y_pct": -26.00576836655424
    },
    {
      "year": 2004,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 1985121.9285745153,
      "yoy_growth_pct": 477.5899899010612,
      "cagr_3y_pct": 81.81587538181645
    },
    {
      "year": 2005,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 1244246.4410675336,
      "yoy_growth_pct": -37.32140967476959,
      "cagr_3y_pct": 31.52203853478712
    },
    {
      "year": 2006,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 615891.9569315418,
      "yoy_growth_pct": -50.500806222670704,
      "cagr_3y_pct": 21.463465499260124
    },
    {
      "year": 2007,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 675229.2402968286,
      "yoy_growth_pct": 9.634365686623546,
      "cagr_3y_pct": -30.194761059312082
    },
    {
      "year": 2008,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 2459392.9748044116,
      "yoy_growth_pct": 264.2308164443931,
      "cagr_3y_pct": 25.49906984281767
    },
    {
      "year": 2009,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 1227450.6865414232,
      "yoy_growth_pct": -50.09131525070576,
      "cagr_3y_pct": 25.844191092149416
    },
    {
      "year": 2010,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 987229.1720578632,
      "yoy_growth_pct": -19.57076704730436,
      "cagr_3y_pct": 13.498184080556076
    },
    {
      "year": 2011,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 2487660.6190380817,
      "yoy_growth_pct": 151.98410758594113,
      "cagr_3y_pct": 0.38166640322803147
    },
    {
      "year": 2012,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 3780156.678479379,
      "yoy_growth_pct": 51.95628573889128,
      "cagr_3y_pct": 45.49070528415034
    },
    {
      "year": 2013,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 1584347.2741906864,
      "yoy_growth_pct": -58.0877881805679,
      "cagr_3y_pct": 17.07858554862549
    },
    {
      "year": 2014,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 2340970.298978113,
      "yoy_growth_pct": 47.75613510452901,
      "cagr_3y_pct": -2.005524933178604
    },
    {
      "year": 2015,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 5434275.214051861,
      "yoy_growth_pct": 132.1377258149771,
      "cagr_3y_pct": 12.86101268362767
    },
    {
      "year": 2016,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 3198371.4250568543,
      "yoy_growth_pct": -41.14447099060135,
      "cagr_3y_pct": 26.384215955292923
    },
    {
      "year": 2017,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 4675443.766901652,
      "yoy_growth_pct": 46.18201407982318,
      "cagr_3y_pct": 25.933800937164175
    },
    {
      "year": 2018,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 4021932.3523210175,
      "yoy_growth_pct": -13.977526993415367,
      "cagr_3y_pct": -9.54531945814372
    },
    {
      "year": 2019,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 1064189.0727215824,
      "yoy_growth_pct": -73.54035375290563,
      "cagr_3y_pct": -30.705840268993214
    },
    {
      "year": 2020,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 2100201.1472019674,
      "yoy_growth_pct": 97.35225638343223,
      "cagr_3y_pct": -23.414594213255867
    },
    {
      "year": 2021,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 1660661.5368294802,
      "yoy_growth_pct": -20.92845301784889,
      "cagr_3y_pct": -25.53558389517434
    },
    {
      "year": 2022,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 2049815.1913253858,
      "yoy_growth_pct": 23.433652545411164,
      "cagr_3y_pct": 24.422418091284715
    },
    {
      "year": 2023,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 1920148.5759188102,
      "yoy_growth_pct": -6.325771023422588,
      "cagr_3y_pct": -2.9434951373693785
    },
    {
      "year": 2024,
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "export_value_usd": 1922551.9054045894,
      "yoy_growth_pct": 0.12516372513668994,
      "cagr_3y_pct": 5.002341151272227
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "hs_code": "870422",
      "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 5 tonnes but not exceeding 20 tonnes), nes in item no 8704.1",
      "buyer_imports_latest_usd": 48586552.99548887,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "hs_code": "310420",
      "hs_description": "Fertilizers, mineral or chemical: potassic, potassium chloride",
      "buyer_imports_latest_usd": 19433396.75309019,
      "current_below_peak_pct": 79.56222850928951,
      "lane_volatility_cv": 0.8849641374370375,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "hs_code": "840999",
      "hs_description": "Engines: parts for internal combustion piston engines (excluding spark-ignition)",
      "buyer_imports_latest_usd": 13108804.63844815,
      "current_below_peak_pct": 32.05698816418982,
      "lane_volatility_cv": 0.6984493395017928,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "hs_code": "870899",
      "hs_description": "Vehicle parts and accessories: n.e.c. in heading no. 8708",
      "buyer_imports_latest_usd": 17416598.119662367,
      "current_below_peak_pct": 49.65174213366936,
      "lane_volatility_cv": 0.8239048967354777,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "BLR",
      "importer_iso3": "NIC",
      "hs_code": "490199",
      "hs_description": "Printed matter: books, brochures, leaflets and similar printed matter n.e.c. in item no. 4901.10 or 4901.91",
      "buyer_imports_latest_usd": 10675072.785735898,
      "current_below_peak_pct": 51.60634737965083,
      "lane_volatility_cv": 0.32456602468862217,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "BLR",
    "importer_iso3": "NIC",
    "distance_km": 10419,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 0,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 0,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 14013.022092,
    "importer_gdp_per_capita_usd": 2090.7534611217898,
    "importer_population": 6702.379,
    "importer_biz_entry_days": 14,
    "importer_biz_entry_cost_pct": 65.7,
    "exporter_gdp_million_usd": 68218.816484,
    "exporter_gdp_per_capita_usd": 7303.696265885707,
    "avg_applied_tariff_pct": 7.006268120306514,
    "avg_mfn_tariff_pct": 7.006268120306514,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/BLR-NIC/risk",
    "html": "https://www.yugalinks.com/trade/corridor/BLR-NIC/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/BLR-NIC/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/BLR-NIC/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/BLR-NIC/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}