2022
Exports
$1.22BWorld Rnk 3 / 161
Flag Rnk 3 / 1045
2022
PRODUCT COMPLEXITY IN Bananas
-1.99Rnk 1001 / 1025
2022
Imports
$5.34MWorld Rnk 84 / 196
Flag Rnk 439 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $1.22B in Bananas, making it the 3rd largest exporter of Bananas in the world. At the same year, Bananas was the 3rd most exported product in Costa Rica. The main destination of Bananas exports from Costa Rica are: United States ($338M), Netherlands ($138M), United Kingdom ($107M), Italy ($82.1M), and Belgium ($74.4M).

The fastest growing export markets for Bananas of Costa Rica between 2021 and 2022 were Poland ($34.8M), Netherlands ($17.8M), and Belgium ($16.8M).

Imports In 2022, Costa Rica imported $5.34M in Bananas, becoming the 84th largest importer of Bananas in the world. At the same year, Bananas was the 439th most imported product in Costa Rica. Costa Rica imports Bananas primarily from: Nicaragua ($3.38M), Ecuador ($1.28M), Panama ($583k), United States ($56.6k), and Colombia ($18k).

The fastest growing import markets in Bananas for Costa Rica between 2021 and 2022 were Nicaragua ($2.23M), Ecuador ($746k), and United States ($30.4k).

COMPANIES In 2023, leading companies such as Del Monte Foods (3.22k), Fyffes (1.26k), and Dole Fresh Fruit (327) were at the forefront of shipping Bananas from Costa Rica to the United States.

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bananas. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.22B
IMPORTS (2022)$5.34M
NET TRADE (2022)$1.21B

In 2022, Costa Rica exported $1.22B in Bananas. The main destinations of Costa Rica exports on Bananas were United States ($338M), Netherlands ($138M), United Kingdom ($107M), Italy ($82.1M), and Belgium ($74.4M).

In 2022, Costa Rica imported $5.34M in Bananas, mainly from Nicaragua ($3.38M), Ecuador ($1.28M), Panama ($583k), United States ($56.6k), and Colombia ($18k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Poland$34.8M (364%)
Netherlands$17.8M (14.8%)
Belgium$16.8M (29.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Costa Rica WERE (2021 - 2022):
United States-$52.7M (-13.5%)
Ukraine-$25.2M (-85.8%)
Italy-$18.8M (-18.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Bananas were:
In 2022, Costa Rica's main importing competitors in Bananas were:

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $8.46M
TOP IMPORT POTENTIALPanama+ $263k

Bananas’s highest export potential is France. With an export gap of $8.46M.   Bananas’s highest import potential is Panama with an import gap of $263k.

See methodology.

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