{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:02.822Z",
  "seo": {
    "title": "Nicaragua exports to Nigeria: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Nicaragua to Nigeria, 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": "NGA",
    "country_name": "Nigeria"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "NIC",
    "importer_iso3": "NGA",
    "all_history_lane_count": 17,
    "current_lane_count": 1,
    "current_product_count": 1,
    "first_observed_last_year": 2000,
    "latest_data_year": 2024,
    "current_trade_usd": 75203.37188156262,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 0,
    "unrecovered_drawdown_trade_usd": 0,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 0,
    "access_friction_trade_usd": 75203.37188156262,
    "buyer_macro_weakness_trade_usd": 75203.37188156262,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 0,
    "unrecovered_drawdown_lane_count": 0,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 0,
    "access_friction_lane_count": 1,
    "trade_weighted_volatility_cv": 0.3405041933211403,
    "trade_weighted_below_peak_pct": 0,
    "product_concentration_hhi": 10000,
    "top1_product_share_pct": 100,
    "top3_product_share_pct": 100,
    "top_product_hs6": "410150",
    "top_product_trade_usd": 75203.37188156262,
    "top_product_description": "Hides and skins: raw, whole, of bovine or equine animals, of a weight per skin exceeding 16 kg",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": 9841.509765625,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 27.203475916565655,
    "avg_mfn_tariff_pct": 27.203475916565655,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 7.2,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 440776.971536,
    "buyer_gdp_pc_latest": 2085,
    "buyer_population_latest": 211400.711,
    "buyer_gdp_5y_cagr_pct": -17.702539793973116,
    "buyer_gdp_pc_5y_cagr_pct": -19.412873862302447,
    "buyer_population_5y_cagr_pct": 2.1223415578896843,
    "buyer_investment_5y_avg_pct": 26.304000000000002,
    "buyer_savings_5y_avg_pct": 20.386000000000003,
    "buyer_macro_resilience_label": "Buyer economy and income contracted",
    "attention_trade_share_pct": 0,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "concentrated_product_mix",
      "market_access_friction",
      "buyer_macro_weakness"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 440776.971536,
    "buyer_gdp_pc_2024": 2085,
    "buyer_population_2024": 211400.711
  },
  "history": [
    {
      "year": 1999,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 770.3169966135179,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 176478.4611880686,
      "yoy_growth_pct": 22809.849057453823,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 13054.82616283283,
      "yoy_growth_pct": -92.60259519776714,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 7209.644420869133,
      "yoy_growth_pct": -44.774106288791224,
      "cagr_3y_pct": 110.7405561419276
    },
    {
      "year": 2003,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 637981.0118500048,
      "yoy_growth_pct": 8748.994133515052,
      "cagr_3y_pct": 53.47536736520635
    },
    {
      "year": 2006,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 121441.50934786718,
      "yoy_growth_pct": -80.96471413847985,
      "cagr_3y_pct": 110.31263000559028
    },
    {
      "year": 2008,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 215083.83980616933,
      "yoy_growth_pct": 77.10899754223679,
      "cagr_3y_pct": 210.1449007440677
    },
    {
      "year": 2009,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 10901.635896558217,
      "yoy_growth_pct": -94.93144817091668,
      "cagr_3y_pct": -74.24303783872855
    },
    {
      "year": 2010,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 9127.559089948983,
      "yoy_growth_pct": -16.27349164329852,
      "cagr_3y_pct": -57.79837581905668
    },
    {
      "year": 2011,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 185761555.37043357,
      "yoy_growth_pct": 2035072.3121134222,
      "cagr_3y_pct": 852.3195190387955
    },
    {
      "year": 2012,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 6690706.9124320755,
      "yoy_growth_pct": -96.39822841755932,
      "cagr_3y_pct": 749.8196672241361
    },
    {
      "year": 2013,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 5696738.295929632,
      "yoy_growth_pct": -14.855958114912182,
      "cagr_3y_pct": 754.5888165564039
    },
    {
      "year": 2014,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 54591.73402295072,
      "yoy_growth_pct": -99.0417019145507,
      "cagr_3y_pct": -93.3514998406971
    },
    {
      "year": 2015,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 371412.2075474175,
      "yoy_growth_pct": 580.3451368503397,
      "cagr_3y_pct": -61.85291216340947
    },
    {
      "year": 2016,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 88834.91850054672,
      "yoy_growth_pct": -76.0818528052271,
      "cagr_3y_pct": -75.01654601242993
    },
    {
      "year": 2017,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 38368.639927922035,
      "yoy_growth_pct": -56.80905597083887,
      "cagr_3y_pct": -11.090157987276928
    },
    {
      "year": 2018,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 447336.76379834046,
      "yoy_growth_pct": 1065.8916360827266,
      "cagr_3y_pct": 6.39620539660315
    },
    {
      "year": 2019,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 510.04101393918006,
      "yoy_growth_pct": -99.88598276394535,
      "cagr_3y_pct": -82.09364745569697
    },
    {
      "year": 2020,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 1229251.2988767752,
      "yoy_growth_pct": 240910.28452260065,
      "cagr_3y_pct": 217.60555544256644
    },
    {
      "year": 2021,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 134310.4704081657,
      "yoy_growth_pct": -89.07379878053483,
      "cagr_3y_pct": -33.03851246244016
    },
    {
      "year": 2022,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 29496.33853018799,
      "yoy_growth_pct": -78.03869017765372,
      "cagr_3y_pct": 286.71201845603565
    },
    {
      "year": 2023,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 54483.177144628986,
      "yoy_growth_pct": 84.71166205550648,
      "cagr_3y_pct": -64.61054158397779
    },
    {
      "year": 2024,
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "export_value_usd": 90394.58202432102,
      "yoy_growth_pct": 65.91283174320574,
      "cagr_3y_pct": -12.365016291033527
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "NIC",
      "importer_iso3": "NGA",
      "hs_code": "410150",
      "hs_description": "Hides and skins: raw, whole, of bovine or equine animals, of a weight per skin exceeding 16 kg",
      "buyer_imports_latest_usd": 38750875.14415961,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.3405041933211403,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer macroeconomic trend has weakened",
      "risk_driver_labels": [
        "long_distance_without_fta",
        "buyer_macro_weakness",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "NIC",
    "importer_iso3": "NGA",
    "distance_km": 9830,
    "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": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 440776.971536,
    "importer_gdp_per_capita_usd": 2085.030695738767,
    "importer_population": 211400.711,
    "importer_biz_entry_days": 7.2,
    "importer_biz_entry_cost_pct": 26.1,
    "exporter_gdp_million_usd": 14013.022092,
    "exporter_gdp_per_capita_usd": 2090.7534611217898,
    "avg_applied_tariff_pct": 27.203475916565655,
    "avg_mfn_tariff_pct": 27.203475916565655,
    "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/NIC-NGA/risk",
    "html": "https://www.yugalinks.com/trade/corridor/NIC-NGA/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/NIC-NGA/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/NIC-NGA/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/NIC-NGA/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"
  }
}