2022
Exports
$14.2MWorld Rnk 71 / 196
Flag Rnk 107 / 1045
2022
PRODUCT COMPLEXITY IN Chocolate
0.14Rnk 508 / 1025
2022
Imports
$36.8MWorld Rnk 86 / 225
Flag Rnk 117 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $14.2M in Chocolate, making it the 71st largest exporter of Chocolate in the world. At the same year, Chocolate was the 107th most exported product in Costa Rica. The main destination of Chocolate exports from Costa Rica are: United States ($2.44M), Guatemala ($2.35M), Nicaragua ($1.99M), Panama ($1.82M), and Mexico ($1.42M).

The fastest growing export markets for Chocolate of Costa Rica between 2021 and 2022 were United States ($658k), Nicaragua ($495k), and Guatemala ($454k).

Imports In 2022, Costa Rica imported $36.8M in Chocolate, becoming the 86th largest importer of Chocolate in the world. At the same year, Chocolate was the 117th most imported product in Costa Rica. Costa Rica imports Chocolate primarily from: United States ($12.6M), Mexico ($6.65M), Colombia ($3.14M), Netherlands ($2.52M), and Guatemala ($1.62M).

The fastest growing import markets in Chocolate for Costa Rica between 2021 and 2022 were Mexico ($827k), Guatemala ($316k), and Turkey ($251k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (36) were at the forefront of shipping Chocolate from Costa Rica to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Chocolate. 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)$14.2M
IMPORTS (2022)$36.8M
NET TRADE (2022)-$22.6M

In 2022, Costa Rica exported $14.2M in Chocolate. The main destinations of Costa Rica exports on Chocolate were United States ($2.44M), Guatemala ($2.35M), Nicaragua ($1.99M), Panama ($1.82M), and Mexico ($1.42M).

In 2022, Costa Rica imported $36.8M in Chocolate, mainly from United States ($12.6M), Mexico ($6.65M), Colombia ($3.14M), Netherlands ($2.52M), and Guatemala ($1.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
United States$658k (36.9%)
Nicaragua$495k (33.1%)
Guatemala$454k (24%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Costa Rica WERE (2021 - 2022):
Mexico-$131k (-8.4%)
Slovakia-$75k (-100%)
Brazil-$58.5k (-57.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Costa Rica's main importing competitors in Chocolate were:

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.63M
TOP IMPORT POTENTIALCanada+ $1.18M

Chocolate’s highest export potential is United States. With an export gap of $2.63M.   Chocolate’s highest import potential is Canada with an import gap of $1.18M.

See methodology.

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