{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:21.137Z",
  "seo": {
    "title": "Philippines exports to Nicaragua: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Philippines 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": "PHL",
    "country_name": "Philippines"
  },
  "importer": {
    "iso3": "NIC",
    "country_name": "Nicaragua"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "PHL",
    "importer_iso3": "NIC",
    "all_history_lane_count": 11,
    "current_lane_count": 6,
    "current_product_count": 6,
    "first_observed_last_year": 1999,
    "latest_data_year": 2024,
    "current_trade_usd": 3457587.7179161636,
    "attention_trade_usd": 2001628.3051317064,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 2988120.7510371795,
    "unrecovered_drawdown_trade_usd": 30757.08285659728,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 2501852.3548672884,
    "access_friction_trade_usd": 3457587.7179161636,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 4,
    "unrecovered_drawdown_lane_count": 1,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 4,
    "access_friction_lane_count": 6,
    "trade_weighted_volatility_cv": 1.9619085608761413,
    "trade_weighted_below_peak_pct": 2.178554733590059,
    "product_concentration_hhi": 4215.963240568806,
    "top1_product_share_pct": 57.89089007807032,
    "top3_product_share_pct": 96.82810931284565,
    "top_product_hs6": "854420",
    "top_product_trade_usd": 2001628.3051317064,
    "top_product_description": "Insulated electric conductors: co-axial cable and other co-axial electric conductors",
    "top_attention_product_hs6": "854420",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 15805.5078125,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.029100000858306885,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 8.614945788686871,
    "avg_mfn_tariff_pct": 8.614945788686871,
    "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": 57.89089007807032,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "High attention",
    "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": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 26667.020084371066,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 17807.462306895806,
      "yoy_growth_pct": -33.22290135697481,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 11498.2458756793,
      "yoy_growth_pct": -35.430182709264024,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 36602.01019078932,
      "yoy_growth_pct": 218.32690469951288,
      "cagr_3y_pct": 11.133113885275115
    },
    {
      "year": 1999,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 115390.71761762089,
      "yoy_growth_pct": 215.25786976218671,
      "cagr_3y_pct": 86.43306813619627
    },
    {
      "year": 2000,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 9600.489813923548,
      "yoy_growth_pct": -91.68001550546082,
      "cagr_3y_pct": -5.835486571434889
    },
    {
      "year": 2001,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 78240.8758227515,
      "yoy_growth_pct": 714.9675416485428,
      "cagr_3y_pct": 28.817911938367313
    },
    {
      "year": 2002,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 306570.5216576998,
      "yoy_growth_pct": 291.8291026703369,
      "cagr_3y_pct": 38.501084123021954
    },
    {
      "year": 2003,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 358226.3261492179,
      "yoy_growth_pct": 16.8495666876916,
      "cagr_3y_pct": 234.1601849618634
    },
    {
      "year": 2004,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 508561.5800809898,
      "yoy_growth_pct": 41.96655660342235,
      "cagr_3y_pct": 86.62505475968338
    },
    {
      "year": 2005,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 848796.0988919568,
      "yoy_growth_pct": 66.90134137871442,
      "cagr_3y_pct": 40.41849931953587
    },
    {
      "year": 2006,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 1357984.6594960627,
      "yoy_growth_pct": 59.98950292877352,
      "cagr_3y_pct": 55.92381600315009
    },
    {
      "year": 2007,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 1308554.9331580077,
      "yoy_growth_pct": -3.6399326010352673,
      "cagr_3y_pct": 37.03015125215809
    },
    {
      "year": 2008,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 890624.312394548,
      "yoy_growth_pct": -31.93833213824999,
      "cagr_3y_pct": 1.6163810244401278
    },
    {
      "year": 2009,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 841646.7583200083,
      "yoy_growth_pct": -5.499238387379945,
      "cagr_3y_pct": -14.740065037061424
    },
    {
      "year": 2010,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 866690.8609333351,
      "yoy_growth_pct": 2.975607327629559,
      "cagr_3y_pct": -12.83193220510489
    },
    {
      "year": 2011,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 825249.3183751076,
      "yoy_growth_pct": -4.781582964149333,
      "cagr_3y_pct": -2.509220551221536
    },
    {
      "year": 2012,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 2108163.411386154,
      "yoy_growth_pct": 155.45775857616798,
      "cagr_3y_pct": 35.80782862485856
    },
    {
      "year": 2013,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 1885267.5139754848,
      "yoy_growth_pct": -10.572989560809775,
      "cagr_3y_pct": 29.569541611086247
    },
    {
      "year": 2014,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 2429754.981169912,
      "yoy_growth_pct": 28.88117803750092,
      "cagr_3y_pct": 43.32626017943395
    },
    {
      "year": 2015,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 2300471.5572256423,
      "yoy_growth_pct": -5.320842016836636,
      "cagr_3y_pct": 2.9526505517539325
    },
    {
      "year": 2016,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 1953115.8759545311,
      "yoy_growth_pct": -15.09932518748549,
      "cagr_3y_pct": 1.185513979106645
    },
    {
      "year": 2017,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 2277256.82572992,
      "yoy_growth_pct": 16.59609415734098,
      "cagr_3y_pct": -2.137453946468315
    },
    {
      "year": 2018,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 1551260.1736659675,
      "yoy_growth_pct": -31.880315116906132,
      "cagr_3y_pct": -12.308817823527407
    },
    {
      "year": 2019,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 1746467.7872914432,
      "yoy_growth_pct": 12.583808760084224,
      "cagr_3y_pct": -3.659065083781843
    },
    {
      "year": 2020,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 1963660.4847565093,
      "yoy_growth_pct": 12.436112423344792,
      "cagr_3y_pct": -4.818737124005057
    },
    {
      "year": 2021,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 3191934.685068211,
      "yoy_growth_pct": 62.55023258076131,
      "cagr_3y_pct": 27.191020279846324
    },
    {
      "year": 2022,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 2709228.248069666,
      "yoy_growth_pct": -15.122691553076994,
      "cagr_3y_pct": 15.760840616458749
    },
    {
      "year": 2023,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 4927218.620358565,
      "yoy_growth_pct": 81.86797749024007,
      "cagr_3y_pct": 35.887177228287314
    },
    {
      "year": 2024,
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "export_value_usd": 5694694.610334177,
      "yoy_growth_pct": 15.576252021871117,
      "cagr_3y_pct": 21.2845499556235
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "hs_code": "854420",
      "hs_description": "Insulated electric conductors: co-axial cable and other co-axial electric conductors",
      "buyer_imports_latest_usd": 30347185.04430505,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.5215208759591357,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "hs_code": "854442",
      "hs_description": "Insulated electric conductors: for a voltage not exceeding 1000 volts, fitted with connectors",
      "buyer_imports_latest_usd": 12948252.655204857,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 3.5100281223969128,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "hs_code": "850440",
      "hs_description": "Electrical static converters",
      "buyer_imports_latest_usd": 14023280.336916674,
      "current_below_peak_pct": 10.784456785398461,
      "lane_volatility_cv": 0.8894574939610888,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "hs_code": "392321",
      "hs_description": "Ethylene polymers: sacks and bags (including cones), for the conveyance or packing of goods",
      "buyer_imports_latest_usd": 39703366.91417384,
      "current_below_peak_pct": 11.481268292240882,
      "lane_volatility_cv": 0.7464808496055311,
      "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": "PHL",
      "importer_iso3": "NIC",
      "hs_code": "851762",
      "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus",
      "buyer_imports_latest_usd": 24711023.88406656,
      "current_below_peak_pct": 10.478525775564378,
      "lane_volatility_cv": 1.217551772890672,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "NIC",
      "hs_code": "847130",
      "hs_description": "Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display",
      "buyer_imports_latest_usd": 14587571.524464069,
      "current_below_peak_pct": 67.5895680320862,
      "lane_volatility_cv": 1.6511964543918363,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "PHL",
    "importer_iso3": "NIC",
    "distance_km": 15806,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "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": 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": 394086.419343,
    "exporter_gdp_per_capita_usd": 3548.828226706311,
    "avg_applied_tariff_pct": 8.614945788686871,
    "avg_mfn_tariff_pct": 8.614945788686871,
    "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/PHL-NIC/risk",
    "html": "https://www.yugalinks.com/trade/corridor/PHL-NIC/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/PHL-NIC/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/PHL-NIC/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/PHL-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"
  }
}