{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:47:53.848Z", "seo": { "title": "Nicaragua exports to Mexico: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Nicaragua to Mexico, 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": "NIC", "country_name": "Nicaragua" }, "importer": { "iso3": "MEX", "country_name": "Mexico" }, "latestYear": 2024, "risk": { "exporter_iso3": "NIC", "importer_iso3": "MEX", "all_history_lane_count": 112, "current_lane_count": 49, "current_product_count": 49, "first_observed_last_year": 1995, "latest_data_year": 2024, "current_trade_usd": 850687265.512278, "attention_trade_usd": 700153165.5100443, "critical_trade_usd": 12235300.73501309, "high_volatility_trade_usd": 768640338.0226207, "unrecovered_drawdown_trade_usd": 26354215.808193926, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 705390255.0959781, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 1, "high_attention_lane_count": 17, "high_volatility_lane_count": 35, "unrecovered_drawdown_lane_count": 18, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 33, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.1766856779185386, "trade_weighted_below_peak_pct": 11.439057504306524, "product_concentration_hhi": 3414.3396184026155, "top1_product_share_pct": 55.60380076259324, "top3_product_share_pct": 78.9318735392295, "top_product_hs6": "854430", "top_product_trade_usd": 473014452.22819954, "top_product_description": "Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships", "top_attention_product_hs6": "854430", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 1599.6441650390625, "shares_land_border": 0, "shares_official_language": 1, "common_spoken_language_score": 0.9603000283241272, "has_reported_fta": 1, "avg_applied_tariff_pct": 9.863509187578929, "avg_mfn_tariff_pct": 13.600296420404037, "avg_preferential_tariff_pct": 1.361028504584182, "tariff_advantage_pp": 12.239267915819855, "buyer_biz_entry_days": 8.4, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 1293037.8663599999, "buyer_gdp_pc_latest": 9926, "buyer_population_latest": 130262.222, "buyer_gdp_5y_cagr_pct": 7.317392234827791, "buyer_gdp_pc_5y_cagr_pct": 6.467884470952012, "buyer_population_5y_cagr_pct": 0.7979004824760771, "buyer_investment_5y_avg_pct": 23.68, "buyer_savings_5y_avg_pct": 22.506, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 82.30441360708708, "critical_trade_share_pct": 1.4382842239498057, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "High attention", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": 1293037.8663599999, "buyer_gdp_pc_2024": 9926, "buyer_population_2024": 130262.222 }, "history": [ { "year": 1995, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 8349072.813082713, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 11246337.270855809, "yoy_growth_pct": 34.70163121865677, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 12675966.214608703, "yoy_growth_pct": 12.711951538726218, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 12654168.571765091, "yoy_growth_pct": -0.17196040502609478, "cagr_3y_pct": 14.867840288138634 }, { "year": 1999, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 14503963.007129902, "yoy_growth_pct": 14.618063801459137, "cagr_3y_pct": 8.849187914104117 }, { "year": 2000, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 24408338.10102625, "yoy_growth_pct": 68.28737145170271, "cagr_3y_pct": 24.409166125692817 }, { "year": 2001, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 28281874.104937106, "yoy_growth_pct": 15.86972446824635, "cagr_3y_pct": 30.744929845603153 }, { "year": 2002, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 25298276.824708823, "yoy_growth_pct": -10.549503435161123, "cagr_3y_pct": 20.374571000616793 }, { "year": 2003, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 34627509.51864358, "yoy_growth_pct": 36.876949203207765, "cagr_3y_pct": 12.364127089824306 }, { "year": 2004, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 47962428.6362049, "yoy_growth_pct": 38.50961071971333, "cagr_3y_pct": 19.25163086887047 }, { "year": 2005, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 146515148.83253163, "yoy_growth_pct": 205.47900304183776, "cagr_3y_pct": 79.58243805922459 }, { "year": 2006, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 70786431.08301565, "yoy_growth_pct": -51.6866128539887, "cagr_3y_pct": 26.914015855790275 }, { "year": 2007, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 78500051.86279526, "yoy_growth_pct": 10.897033035516902, "cagr_3y_pct": 17.848192493993874 }, { "year": 2008, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 122583884.97078785, "yoy_growth_pct": 56.15771208029725, "cagr_3y_pct": -5.771209462501092 }, { "year": 2009, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 86832275.7377739, "yoy_growth_pct": -29.165015647475755, "cagr_3y_pct": 7.047629751639239 }, { "year": 2010, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 105034746.29635604, "yoy_growth_pct": 20.962793389812862, "cagr_3y_pct": 10.19308681514335 }, { "year": 2011, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 131861074.0185517, "yoy_growth_pct": 25.54043177912293, "cagr_3y_pct": 2.461586445583208 }, { "year": 2012, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 155866223.14323625, "yoy_growth_pct": 18.204879114898787, "cagr_3y_pct": 21.531896808988236 }, { "year": 2013, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 543087664.677904, "yoy_growth_pct": 248.4319140644238, "cagr_3y_pct": 72.92016819494992 }, { "year": 2014, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 572784181.424482, "yoy_growth_pct": 5.468088980476193, "cagr_3y_pct": 63.16417231876446 }, { "year": 2015, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 482380940.83420527, "yoy_growth_pct": -15.783124520905755, "cagr_3y_pct": 45.729019459722984 }, { "year": 2016, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 596565332.9940499, "yoy_growth_pct": 23.670999928475588, "cagr_3y_pct": 3.1801190458936146 }, { "year": 2017, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 282418740.95276105, "yoy_growth_pct": -52.659210092655876, "cagr_3y_pct": -20.99871312979871 }, { "year": 2018, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 318630442.4443125, "yoy_growth_pct": 12.821989563932101, "cagr_3y_pct": -12.910517723778892 }, { "year": 2019, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 325454739.0007937, "yoy_growth_pct": 2.1417591188493734, "cagr_3y_pct": -18.289563768395656 }, { "year": 2020, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 438773757.6525939, "yoy_growth_pct": 34.81867217534167, "cagr_3y_pct": 15.819684499687025 }, { "year": 2021, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 711399344.2471012, "yoy_growth_pct": 62.13352139677482, "cagr_3y_pct": 30.699942937511725 }, { "year": 2022, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 866557925.1277739, "yoy_growth_pct": 21.810335100165503, "cagr_3y_pct": 38.60184121474941 }, { "year": 2023, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 923053505.5299603, "yoy_growth_pct": 6.519538828735083, "cagr_3y_pct": 28.133319360297726 }, { "year": 2024, "exporter_iso3": "NIC", "importer_iso3": "MEX", "export_value_usd": 861020034.2828163, "yoy_growth_pct": -6.720463209933669, "cagr_3y_pct": 6.569582754683556 } ], "riskLanes": [ { "exporter_iso3": "NIC", "importer_iso3": "MEX", "hs_code": "854430", "hs_description": "Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships", "buyer_imports_latest_usd": 2027326264.219726, "current_below_peak_pct": 10.151800243376078, "lane_volatility_cv": 1.0405393580348756, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market" ] }, { "exporter_iso3": "NIC", "importer_iso3": "MEX", "hs_code": "020130", "hs_description": "Meat: of bovine animals, boneless cuts, fresh or chilled", "buyer_imports_latest_usd": 1240473901.8976467, "current_below_peak_pct": 0, "lane_volatility_cv": 1.563835242526004, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "NIC", "importer_iso3": "MEX", "hs_code": "610910", "hs_description": "T-shirts, singlets and other vests: of cotton, knitted or crocheted", "buyer_imports_latest_usd": 801017456.2589724, "current_below_peak_pct": 0, "lane_volatility_cv": 1.416533825146696, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "NIC", "importer_iso3": "MEX", "hs_code": "151110", "hs_description": "Vegetable oils: palm oil and its fractions, crude, not chemically modified", "buyer_imports_latest_usd": 502601661.3420487, "current_below_peak_pct": 41.14143385315616, "lane_volatility_cv": 0.8266086015941236, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "NIC", "importer_iso3": "MEX", "hs_code": "030617", "hs_description": "Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water", "buyer_imports_latest_usd": 92401916.35385728, "current_below_peak_pct": 32.364255665115124, "lane_volatility_cv": 1.378669390481895, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "NIC", "importer_iso3": "MEX", "hs_code": "020120", "hs_description": "Meat: of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), fresh or chilled", "buyer_imports_latest_usd": 74600073.18029152, "current_below_peak_pct": 0, "lane_volatility_cv": 0.9605821785487059, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "NIC", "importer_iso3": "MEX", "hs_code": "120242", "hs_description": "Ground-nuts: other than seed, not roasted or otherwise cooked, shelled, whether or not broken,", "buyer_imports_latest_usd": 234285275.7796377, "current_below_peak_pct": 75.60728962959955, "lane_volatility_cv": 0.5702181841995438, "attention_level": "Critical attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "NIC", "importer_iso3": "MEX", "hs_code": "020220", "hs_description": "Meat: of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), frozen", "buyer_imports_latest_usd": 18399965.83939732, "current_below_peak_pct": 0, "lane_volatility_cv": 1.7691393831885163, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "NIC", "importer_iso3": "MEX", "hs_code": "050400", "hs_description": "Animal products: guts, bladders and stomachs of animals (other than fish), whole and pieces thereof", "buyer_imports_latest_usd": 300220118.6388423, "current_below_peak_pct": 0, "lane_volatility_cv": 1.216885742500405, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "NIC", "importer_iso3": "MEX", "hs_code": "610990", "hs_description": "T-shirts, singlets and other vests: of textile materials (other than cotton), knitted or crocheted", "buyer_imports_latest_usd": 236266687.37285265, "current_below_peak_pct": 0, "lane_volatility_cv": 1.3704787404002503, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "NIC", "importer_iso3": "MEX", "distance_km": 1599, "shares_land_border": 0, "shares_official_language": 1, "shares_ethnic_language": 1, "shared_religion": 0, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 1, "rta_coverage_ratio": 2, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 1293037.8663599999, "importer_gdp_per_capita_usd": 9926.42261514624, "importer_population": 130262.222, "importer_biz_entry_days": 8.4, "importer_biz_entry_cost_pct": 15.2, "exporter_gdp_million_usd": 14013.022092, "exporter_gdp_per_capita_usd": 2090.7534611217898, "avg_applied_tariff_pct": 9.863509187578929, "avg_mfn_tariff_pct": 13.600296420404037, "avg_preferential_tariff_pct": 1.361028504584182, "tariff_advantage_pp": 12.239267915819855 }, "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/NIC-MEX/risk", "html": "https://www.yugalinks.com/trade/corridor/NIC-MEX/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/NIC-MEX/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/NIC-MEX/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/NIC-MEX/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" } }