The top three U.S. imports from Nicaragua, also by value, were Gold, (2) T-shirts, tank tops, knit or crocheted, and (3) Sweaters, pullovers, vests, knit or crocheted. EUCs are conducted as part of BIS’s licensing process, as well as its compliance program, to determine if items were exported in accordance with a valid BIS authorization or otherwise consistent with the EAR.  Specifically, an EUC verifies the bona fides of recipient(s) of items subject to the EAR, to include:  confirming their legitimacy and reliability relating to the end use and end user; monitoring their compliance with license conditions; and ensuring such items are used and/or re-exported or transferred (in-country) in accordance with the EAR.BIS officials rely on EUCs to safeguard items subject to the EAR from diversion to unauthorized end uses/users.  The verification of a foreign party’s reliability facilitates future trade, including pursuant to BIS license reviews.  If BIS is unable to verify the reliability of the company or is prevented from accomplishing an EUC, the company may receive, for example, more regulatory scrutiny during license reviews or be designated on BIS’s Unverified List or Entity List, as applicable.BIS has developed a list of “red flags,” or warning signs, intended to discover possible violations of the EAR.  Also, BIS has “Know Your Customer” guidance.BIS provides a variety of training sessions to U.S. exporters throughout the year.  These sessions range from one to two day seminars and focus on the basics of exporting as well as more advanced topics.  Check a current seminar schedule for a list of upcoming seminars.BIS also provides online training.The EAR does not regulate transactions involving all U.S. goods, services, and technologies.  Other U.S. Government agencies regulate more specialized exports.  For example, the U.S. Department of State’s Directorate of Defense Trade Controls has authority over defense articles and services.  A list of other agencies involved in export control can be found on the BIS website or in Supplement No. Main traded goods are textile and apparel, coffee, drinks and rums, tobacco and chemical products. Exports from Nicaragua amounted to $1.55 billion f.o.b. By tonnage, the top three U.S. exports were (1) Corn, (2) Rice, and (3) Gasoline, other fuels. or use our feedback form! The top three U.S. imports, also by tonnage, were (1) T-shirts, tank tops, knit or crocheted, (2) Prepared foods, beverages, and (3) Sweaters, pullovers, vests, knit or crocheted. Exports: The top exports of Nicaragua are Knit T-shirts ($629M), Insulated Wire ($537M), Gold ($457M), Coffee ($433M), and Frozen Bovine Meat ($264M), exporting mostly to United States ($3.14B), Mexico ($289M), El Salvador ($285M), Honduras ($220M), and Costa Rica ($156M). WorldCity, Inc. All Rights Reserved. - Netweight (kg), Quantity and Value (US$) - 2002 - 2018. For more information on registering a product or the documents required for importing pharmaceutical products, please contact: Complejo Nacional de Salud "Dra. Main export partners are the United States (30 percent of total exports) and its neighbouring countries of Central America (20 percent of total exports). BIS works closely with U.S. embassies, foreign governments, industry, and trade associations to ensure that exports from the United States are secure. Nicaraguan Exports to the United States up 36.6% 2005-2009 United States - Nicaragua Bilateral Trade, 2005 - 2009 Millions of U.S. consolidates a number of smaller lists of restricted parties that are maintained by a variety of U.S. Government agencies, including the Department of Commerce,Â. In 2019, exports for Nicaragua was 5,704 million US dollars. In accordance with the EAR, BIS officials conduct site visits, also known as End-Use Checks (EUCs), globally with end-users, consignees, and/or other parties to transactions involving items subject to the EAR, to verify compliance.  An EUC is an on-site verification of a party to a transaction to determine whether it is a reliable recipient of U.S. items. US TradeNumbers. The Fire Department, Fire Prevention Office, issues import permits for new and used cylinders or containers for liquefied or other compressed gases. Indicator. A ProNicaragua spokesperson said most of this amount came from exporters shipping through customs-free areas, with a "significant" portion attributed to Caipsa and another exporter, Nicaragua … Nicaragua - Imports and Exports - World - Live fish. This page provides forecast and historical data, charts, statistics, news and updates for Nicaragua Exports of Goods and Services. Includes the U.S. government export controls that U.S. companies need to abide by when exporting to this country. Nicaragua - U.S. in 2005. Nicaragua Exports to World, in US$ Thousand 2014-2018 Nicaragua Export in thousand US$ World between 2014 and 2018 Country / Region. Exports to Nicaragua in the United States averaged 61.25 USD Million from 1990 until 2020, reaching an all time high of 188.69 USD Million in March of 2017 and a record low of 0.20 USD Million in February of 1990. The largest Central American republic, Nicaragua can be characterized by its agricultural economy, its history of autocratic government, and its imbalance of regional development—almost all settlement and economic activity are concentrated in western Nicaragua.. The United States has been the number-one economic partner for Nicaragua, buying 51 percent of Nicaraguan exports, supplying 32 percent of its imports, providing 20 percent of investment, sending 54 percent of its remittances, and being the origin of … Nicaragua, country of Central America. Leading Sectors for US Exports & Investments Best Prospect Overview ... Nicaragua - U.S. Nicaragua exports to France - data, historical chart and statistics - was last updated on November of 2020. Export Controls Includes the U.S. government export controls that U.S. companies need to abide by when exporting to this country. Table reflects only those months for which there was trade. This amount includes the free trade zones.  as an aid to industry in conducting electronic screens of potential parties to regulated transactions.  The CSL is available here: https://developer.trade.gov/consolidated-screening-list.html, Foreign Safeguard Activity Involving U.S. Exports, Nicaragua - Using an Agent to Sell US Products and Services, Nicaragua - Distribution and Sales Channels, Nicaragua - Selling Factors and Techniques, Nicaragua - Trade Promotion and Advertising, Nicaragua - Sales Service/Customer Support, Nicaragua - Protecting Intellectual Property, Nicaragua - Principal Business Associations, Nicaragua - Limitations on Selling U.S. Products and Services, Nicaragua - Import Requirements and Documentation, Nicaragua - Labeling/Marking Requirements, Nicaragua - Prohibited & Restricted Imports, Nicaragua - U.S. Banks and Local Correspondent Banks. Country Groupings: Data in Square Meter Equivilents Data in U.S. Export Controls Includes the U.S. government export controls that U.S. companies need to abide by when exporting to this country. Exports of Goods for Nicaragua from International Monetary Fund (IMF) for the International Monetary Fund - Balance of Payments (BOP) release. The Consolidated Screening List API consolidates eleven export screening lists of the Departments of Commerce, State and the Treasury into a single data feed as an aid to industry in conducting electronic screens of potential parties to regulated transactions.The Consolidated Screening List API consolidates eleven export screening lists of the Departments of Commerce, State and the Treasury into a single data feed as an aid to industry in conducting electronic screens of potential parties to regulated transactions.Â. Further information on export controls is available at: http://www.bis.doc.gov/licensing/exportingbasics.htm, BIS’s Export Enforcement (EE) is responsible for the enforcement of the EAR. Trade Flow. Los valores actuales, los datos históricos, las previsiones, estadísticas, gráficas y calendario económico - Nicaragua - Exportaciones. The United States imposes export controls to protect national security interests and promote foreign policy objectives.  The United States also participates in various multilateral export control regimes to prevent the proliferation of weapons of mass destruction and prevent destabilizing accumulations of conventional weapons and related material.  The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) administers U.S. laws, regulations and policies governing the export and reexport of commodities, software, and technology (collectively “items”) falling under the jurisdiction of the Export Administration Regulations (EAR).  The primary goal of BIS is to advance national security, foreign policy, and economic objectives by ensuring an effective export control and treaty compliance system and promoting continued U.S. strategic technology leadership.  BIS also enforces anti-boycott laws and coordinates with U.S. agencies and other countries on export control, nonproliferation and strategic trade issues. 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