U.S. Imports of Goods by Customs Basis from Nicaragua
IMP2190 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
443.42
Year-over-Year Change
22.09%
Date Range
1/1/1992 - 6/1/2025
Summary
This economic trend measures the total value of goods imported into the United States from Nicaragua on a customs basis. It is an important indicator of trade flows and economic activity between the two countries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The U.S. Imports of Goods by Customs Basis from Nicaragua series tracks the dollar value of all merchandise imported into the U.S. from Nicaragua, including freight and insurance costs. This data provides insights into the trading relationship and economic linkages between the two nations.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on customs documents.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the state of U.S.-Nicaragua trade and economic ties.
Key Facts
- Nicaragua is the largest economy in Central America.
- The U.S. is Nicaragua's top trade partner, accounting for over half of its exports.
- Imports from Nicaragua represent less than 0.1% of total U.S. goods imports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods imported into the United States from Nicaragua on a customs basis, including freight and insurance costs.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trading relationship and economic linkages between the U.S. and Nicaragua, which is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on customs documents.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to assess the state of U.S.-Nicaragua trade and economic ties.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Nicaragua (IMP2190), retrieved from FRED.