Overview In August 2022, United States exported $711M and imported $795M from Costa Rica, resulting in a negative trade balance of $83.7M. Between August 2021 and August 2022 the exports of United States have increased by $95.9M (15.6%) from $615M to $711M, while imports increased by $261M (48.8%) from $534M to $795M.
Trade In August 2022, the top exports of United States to Costa Rica were Refined Petroleum ($145M), Medical Instruments ($54.9M), Commodities not elsewhere specified ($35.9M), Kraft Paper ($18.6M), and Computers ($16.3M). In August 2022 the top imports of United States from Costa Rica were Medical Instruments ($252M), Orthopedic Appliances ($106M), Commodities not elsewhere specified ($100M), Tropical Fruits ($56.1M), and Integrated Circuits ($35.7M).
Origins In August 2022 the exports of United States were mainly from Texas ($197M), Florida ($104M), California ($45.6M), Louisiana ($37.6M), and Minnesota ($29.9M), while imports destinations were mainly California ($165M), Florida ($114M), Minnesota ($88.3M), Texas ($81.3M), and Rhode Island ($46.7M).
Growth In August 2022, the increase in United States's year-by-year exports to Costa Rica was explained primarily by an increase in product exports in Telephones ($20.7M or 70.6%), Corn ($9.07M or 46.9%), and Semiconductor Devices ($7.11M or 91.1%). In August 2022, the increase in United States's year-by-year imports from Costa Rica was explained primarily by an increase in product imports in Medical Instruments ($33.8M or 31%), Bananas ($9.54M or 32.5%), and Tropical Fruits ($5.68M or 17.3%).