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2022
Flag → Flag
Exports $5.94BRnk 38 / 219
2022
Flag → Flag
Exports $4.67BRnk 1 / 178
2022
Flag → Flag
Top Product $2.93BMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
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GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
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GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

United States-Costa Rica Trade: In 2022, United States exported $5.94B to Costa Rica. The main products that United States exported to Costa Rica were N/A. Over the past 5 years the exports of United States to Costa Rica have increased at an annualized rate of 28%, from $1.73B in 2017 to $5.94B in 2022.

In 2017, United States exported services to Costa Rica worth $1.87B, with Travel ($777M), Transportation ($426M), and Financial services ($239M) being the largest in terms of value.

Costa Rica-United States Trade: In 2022, Costa Rica exported $4.67B to United States. The main products that Costa Rica exported to United States were Medical Instruments ($2.93B), Orthopedic Appliances ($728M), and Tropical Fruits ($577M). Over the past 5 years the exports of Costa Rica to United States have increased at an annualized rate of 24.4%,  from $1.57B in 2017 to $4.67B in 2022.

In 2022, Costa Rica did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Company data: In 2023, leading companies such as Dole Fresh Fruit (9.3k), Del Monte Foods (8.02k), and Fyffes (3.09k) were at the forefront of exporting goods from Costa Rica to the United States. Conversely, Corporacion De Desarrollo Agricola (5.81k), Agroindustrial Pinas Del Bosque S.a (3.56k), and Standard Fruit Company De Costa Ric (1.68k) were notable for importing products to Costa Rica from the United States.

Latest Trends

April, 2024

About

Overview In April 2024, United States exported $812M and imported $837M from Costa Rica, resulting in a negative trade balance of $25.9M. Between April 2023 and April 2024 the exports of United States have increased by $40.5M (5.25%) from $771M to $812M, while imports increased by $91.8M (12.3%) from $746M to $837M.

Trade In April 2024, the top exports of United States to Costa Rica were Refined Petroleum ($349M), Medical Instruments ($48.2M), Commodities not elsewhere specified ($43.7M), Integrated Circuits ($27.5M), and Corn ($20.7M). In April 2024 the top imports of United States from Costa Rica were Medical Instruments ($243M), Commodities not elsewhere specified ($86.6M), Orthopedic Appliances ($86.1M), Tropical Fruits ($53.4M), and Integrated Circuits ($50.3M).

Origins In April 2024 the exports of United States were mainly from Texas ($236M), Florida ($102M), California ($46.6M), Louisiana ($42.4M), and Minnesota ($41.4M), while imports destinations were mainly California ($142M), Florida ($100M), Minnesota ($94.7M), Texas ($80.6M), and New Jersey ($65.4M).

Growth In April 2024, the increase in United States's year-by-year exports to Costa Rica was explained primarily by an increase in product exports in Refined Petroleum ($235M or 207%), Commodities not elsewhere specified ($21.4M or 95.7%), and Integrated Circuits ($18.6M or 208%). In April 2024, 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 ($86.5M or 55.3%), Commodities not elsewhere specified ($73.5M or 560%), and Integrated Circuits ($41.7M or 487%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (April 2023 - April 2024)$40.5M(5.25%)
IMPORT GROWTH (April 2023 - April 2024)$91.8M(12.3%)
MAIN EXPORTER (April 2024)Texas$236M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Costa Rica and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Costa Rica and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $5.94B to Costa Rica. There were not main exports from United States to Costa Rica in 2022. During the last 5 years the exports of United States to Costa Rica have increased at an annualized rate of 28%, from $1.73B in 2017 to $5.94B in 2022.

In 2017, Costa Rica exported $4.67B to United States. The main products exported from Costa Rica to United States were Medical Instruments ($2.93B), Orthopedic Appliances ($728M), and Tropical Fruits ($577M). During the last 22 years the exports of Costa Rica to United States have increased at an annualized rate of 24.4%, from $1.57B in 1995 to $4.67B in 2017.

Exports from United States (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Costa Rica
Top DestinationUnited States$6.83B

This map shows whether countries import more from United States or Costa Rica. Each country is colored based on the difference in imports they receive from United States and Costa Rica or the difference in the growth in imports.

In 2022, countries that imported more from United States than Costa Rica included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Costa Rica than United States included Guam ($43.3k), Northern Mariana Islands ($14.6k), and North Korea ($6.45k).

Difference in imports from Costa Rica (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Costa Rica

Flow
Scale

This chart compares trade between United States and Costa Rica by product, considering products traded by both, United States and Costa Rica.

During 2022, United States had a large net trade with Costa Rica in the exports of Mineral Products ($2.25B), Machines ($1.44B), and Plastics and Rubbers ($870M).

During 2017, Costa Rica had a large net trade with United States in the exports of Instruments ($3.84B), Vegetable Products ($1.41B), and Plastics and Rubbers ($412M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Costa Rica+$38MCars
Top Product Potential Costa Rica United States+$84.9MIntegrated Circuits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Costa Rica. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Costa Rica. Similarly, a dot/product with the flag of Costa Rica indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Costa Rica (Flag) (2022)

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