Bananas in Costa Rica

EXPORTS (2018): $1.22B, World Rnk 4 / 136
Flag Rnk 2 / 949

TOP DESTINATION (2018): $396M, United States

FASTEST GROWING MARKET (2017 - 2018): $12M, Slovenia

IMPORTS (2018): $1.8M, World Rnk 93 / 167
Flag Rnk 601 / 1153

TOP ORIGIN (2018): $1.25M, Nicaragua

FASTEST GROWING ORIGIN (2017 - 2018): $687k, Nicaragua

ECONOMIC COMPLEXITY of Costa Rica (2018): 0.27, Rnk 53 / 137

PRODUCT COMPLEXITY  IN Bananas (2018): -2.17, Rnk 1003 / 1018

Overview: This page contains the latest trade data of Bananas in Costa Rica.

Exports: In 2018, Costa Rica exported $1.22B in Bananas, making it the 4th largest exporter of Bananas in the world. At the same year, Bananas was the 2nd most exported product in Costa Rica. The main destination of Bananas exports from Costa Rica are: United States ($396M), Belgium-Luxembourg ($144M), United Kingdom ($93.6M), Italy ($81.5M), and Netherlands ($63.8M).

The fastest growing export markets for Bananas of Costa Rica between 2017 and 2018 were Slovenia ($12M), Serbia ($6.8M), and Portugal ($5M).

Imports: In 2018, Costa Rica imported $1.8M in Bananas, becoming the 93rd largest importer of Bananas in the world. At the same year, Bananas was the 601st most imported product in Costa Rica. Costa Rica imports Bananas primarily from: Nicaragua ($1.25M), Ecuador ($209k), Panama ($113k), Netherlands ($108k), and United States ($56.6k).

The fastest growing import markets in Bananas for Costa Rica between 2017 and 2018 were Nicaragua ($687k), Ecuador ($209k), and Panama ($113k).

Tariffs: In 2018, the average tariff for Costa Rica in Bananas was 12.2%. The countries with the highest import tariffs for Bananas were Angola (14%), Burundi (14%), Benin (14%), Burkina Faso (14%), and Botswana (14%).

Value

EXPORTS (2018): $1.22B

IMPORTS (2018): $1.8M

NET TRADE (2018): $1.22B

In 2018, Costa Rica exported $1.22B in Bananas. The main destinations of Costa Rica exports on Bananas were United States ($396M), Belgium-Luxembourg ($144M), United Kingdom ($93.6M), Italy ($81.5M), and Netherlands ($63.8M).

In 2018, Costa Rica imported $1.8M in Bananas, mainly from Nicaragua ($1.25M), Ecuador ($209k), Panama ($113k), Netherlands ($108k), and United States ($56.6k).

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IN 2018, Costa Rica HAD A POSITIVE NET TRADE IN Bananas WITH:

  • United States, $396M ($396M - $56.6k)
  • Belgium-Luxembourg, $144M ($144M - $0)
  • United Kingdom, $93.6M ($93.6M - $0)

IN 2018, Costa Rica HAD A NEGATIVE NET TRADE IN Bananas WITH:

  • Nicaragua, -$1.09M ($155k - $1.25M)
  • Ecuador, -$209k ($0 - $209k)
  • Philippines, -$20.5k ($0 - $20.5k)
Flow

THE FASTEST GROWING Bananas EXPORT MARKETS FOR Costa Rica WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Costa Rica WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Costa Rica's main exporting competitors in Bananas were:

In 2018, Costa Rica's main importing competitors in Bananas were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Bananas in Costa Rica. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Costa Rica in Bananas was 12.2%.

The countries with the highest tariffs for Bananas in Costa Rica were Angola (14%), Burundi (14%), Benin (14%), Burkina Faso (14%), and Botswana (14%).

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