2022
Exports
$183MWorld Rnk 60 / 222
Flag Rnk 14 / 95
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.
1.97Rnk 6 / 1025
2022
Imports
$350MWorld Rnk 76 / 226
Flag Rnk 12 / 96
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $183M in Chemical products n.e.s., making it the 60th largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 14th most exported product in Costa Rica. The main destination of Chemical products n.e.s. exports from Costa Rica are: Panama ($31.8M), Guatemala ($27.4M), Nicaragua ($23.3M), Honduras ($22.4M), and Netherlands ($10.6M).

The fastest growing export markets for Chemical products n.e.s. of Costa Rica between 2021 and 2022 were Netherlands ($7.1M), China ($5.24M), and Guatemala ($3.86M).

Imports In 2018, Costa Rica imported $350M in Chemical products n.e.s., becoming the 76th largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 12th most imported product in Costa Rica. Costa Rica imports Chemical products n.e.s. primarily from: United States ($93.3M), Guatemala ($46.3M), India ($38.3M), China ($37.4M), and Mexico ($21.5M).

The fastest growing import markets in Chemical products n.e.s. for Costa Rica between 2021 and 2022 were China ($17.1M), India ($12.7M), and Guatemala ($6.94M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (8) were at the forefront of shipping Chemical products n.e.s. from Costa Rica to the United States.

Latest Trends

Jul 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 Chemical products n.e.s.. 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)$183M
IMPORTS (2022)$350M
NET TRADE (2022)-$167M

In 2022, Costa Rica exported $183M in Chemical products n.e.s.. The main destinations of Costa Rica exports on Chemical products n.e.s. were Panama ($31.8M), Guatemala ($27.4M), Nicaragua ($23.3M), Honduras ($22.4M), and Netherlands ($10.6M).

In 2022, Costa Rica imported $350M in Chemical products n.e.s., mainly from United States ($93.3M), Guatemala ($46.3M), India ($38.3M), China ($37.4M), and Mexico ($21.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Netherlands$7.1M (205%)
China$5.24M (271%)
Guatemala$3.86M (16.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY Costa Rica WERE (2021 - 2022):
Peru-$9.07M (-70.9%)
Panama-$2.47M (-7.21%)
El Salvador-$1.59M (-20.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Chemical products n.e.s. were:
In 2022, Costa Rica's main importing competitors in Chemical products n.e.s. were:

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Trade Value of Chemical products n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.18M
TOP IMPORT POTENTIALChina+ $17.5M

Chemical products n.e.s.’s highest export potential is United States. With an export gap of $5.18M.   Chemical products n.e.s.’s highest import potential is China with an import gap of $17.5M.

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