2023
Exports
$16.9MWorld Rnk 70 / 202
Flag Rnk 109 / 1040
2023
PRODUCT COMPLEXITY IN Chocolate
0.3Rnk 459 / 1025
2023
Imports
$52.4MWorld Rnk 78 / 225
Flag Rnk 82 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $16.9M in Chocolate, making it the 70th largest exporter of Chocolate in the world. At the same year, Chocolate was the 109th most exported product in Costa Rica. The main destination of Chocolate exports from Costa Rica are: United States ($5.58M), Guatemala ($2.2M), Panama ($1.68M), Nicaragua ($1.56M), and Mexico ($963k).

The fastest growing export markets for Chocolate of Costa Rica between 2022 and 2023 were United States ($3.31M), Dominican Republic ($592k), and Mexico ($154k).

Imports In 2023, Costa Rica imported $52.4M in Chocolate, becoming the 78th largest importer of Chocolate in the world. At the same year, Chocolate was the 82nd most imported product in Costa Rica. Costa Rica imports Chocolate primarily from: United States ($18.2M), Mexico ($9.34M), Colombia ($3.43M), Netherlands ($3.33M), and Germany ($2.63M).

The fastest growing import markets in Chocolate for Costa Rica between 2022 and 2023 were Germany ($1.98M), United States ($1.05M), and Canada ($1.04M).

COMPANIES In 2024, leading companies such as Dole Fresh Fruit (34) were at the forefront of shipping Chocolate from Costa Rica to the United States.

Latest Trends

Dec 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 (2023)$16.9M
IMPORTS (2023)$52.4M
NET TRADE (2023)-$35.5M

In 2023, Costa Rica exported $16.9M in Chocolate. The main destinations of Costa Rica exports on Chocolate were United States ($5.58M), Guatemala ($2.2M), Panama ($1.68M), Nicaragua ($1.56M), and Mexico ($963k).

In 2023, Costa Rica imported $52.4M in Chocolate, mainly from United States ($18.2M), Mexico ($9.34M), Colombia ($3.43M), Netherlands ($3.33M), and Germany ($2.63M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
United States$3.31M (146%)
Dominican Republic$592k (205%)
Mexico$154k (19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Costa Rica WERE (2022 - 2023):
Nicaragua-$360k (-18.8%)
Colombia-$245k (-43.8%)
Panama-$170k (-9.18%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Chocolate were:
Germany $6.26B
Belgium $4.09B
Italy $2.74B
In 2023, 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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