2023
Exports
$1.74BWorld Rnk 2 / 163
Flag Rnk 4 / 1040
2023
PRODUCT COMPLEXITY IN Bananas
-1.96Rnk 995 / 1025
2023
Imports
$6.28MWorld Rnk 85 / 203
Flag Rnk 413 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $1.74B in Bananas, making it the 2nd largest exporter of Bananas in the world. At the same year, Bananas was the 4th most exported product in Costa Rica. The main destination of Bananas exports from Costa Rica are: United States ($478M), United Kingdom ($149M), Italy ($148M), Germany ($147M), and Netherlands ($134M).

The fastest growing export markets for Bananas of Costa Rica between 2022 and 2023 were United States ($83.1M), Italy ($39.3M), and Spain ($36.9M).

Imports In 2023, Costa Rica imported $6.28M in Bananas, becoming the 85th largest importer of Bananas in the world. At the same year, Bananas was the 413th most imported product in Costa Rica. Costa Rica imports Bananas primarily from: Nicaragua ($3.78M), Panama ($1.36M), Ecuador ($915k), United Arab Emirates ($133k), and United States ($40.8k).

The fastest growing import markets in Bananas for Costa Rica between 2022 and 2023 were Panama ($770k), Nicaragua ($559k), and United Arab Emirates ($133k).

COMPANIES In 2024, leading companies such as Del Monte Foods (1.62k), Fyffes (979), and Dole Fresh Fruit (549) were at the forefront of shipping Bananas from Costa Rica to the United States.

Latest Trends

Dec 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 (2023)$1.74B
IMPORTS (2023)$6.28M
NET TRADE (2023)$1.74B

In 2023, Costa Rica exported $1.74B in Bananas. The main destinations of Costa Rica exports on Bananas were United States ($478M), United Kingdom ($149M), Italy ($148M), Germany ($147M), and Netherlands ($134M).

In 2023, Costa Rica imported $6.28M in Bananas, mainly from Nicaragua ($3.78M), Panama ($1.36M), Ecuador ($915k), United Arab Emirates ($133k), and United States ($40.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
United States$83.1M (21%)
Italy$39.3M (36.2%)
Spain$36.9M (38.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Costa Rica WERE (2022 - 2023):
Germany-$53.1M (-26.5%)
Poland-$21.5M (-42.8%)
Romania-$15.1M (-88.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Bananas were:
In 2023, 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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