2022
Exports
$29.9MWorld Rnk 51 / 166
Flag Rnk 71 / 1045
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$19.7MWorld Rnk 103 / 224
Flag Rnk 197 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $29.9M in Concentrated Milk, making it the 51st largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 71st most exported product in Costa Rica. The main destination of Concentrated Milk exports from Costa Rica are: Guatemala ($9.81M), El Salvador ($7.94M), Nicaragua ($5.54M), Honduras ($4.92M), and Colombia ($756k).

The fastest growing export markets for Concentrated Milk of Costa Rica between 2021 and 2022 were El Salvador ($1.57M), Nicaragua ($1.08M), and Slovakia ($52.1k).

Imports In 2022, Costa Rica imported $19.7M in Concentrated Milk, becoming the 103rd largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 197th most imported product in Costa Rica. Costa Rica imports Concentrated Milk primarily from: Chile ($6.86M), Netherlands ($3.45M), Mexico ($3.11M), United States ($1.97M), and Germany ($1.64M).

The fastest growing import markets in Concentrated Milk for Costa Rica between 2021 and 2022 were Netherlands ($1.92M), Germany ($1.51M), and Mexico ($1.45M).

Latest Trends

Oct 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 Concentrated Milk. 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)$29.9M
IMPORTS (2022)$19.7M
NET TRADE (2022)$10.2M

In 2022, Costa Rica exported $29.9M in Concentrated Milk. The main destinations of Costa Rica exports on Concentrated Milk were Guatemala ($9.81M), El Salvador ($7.94M), Nicaragua ($5.54M), Honduras ($4.92M), and Colombia ($756k).

In 2022, Costa Rica imported $19.7M in Concentrated Milk, mainly from Chile ($6.86M), Netherlands ($3.45M), Mexico ($3.11M), United States ($1.97M), and Germany ($1.64M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
El Salvador$1.57M (24.7%)
Nicaragua$1.08M (24.3%)
Slovakia$52.1k (97%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Costa Rica WERE (2021 - 2022):
Guatemala-$10.5M (-51.6%)
Dominican Republic-$4.84M (-88.8%)
Panama-$162k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Concentrated Milk were:
In 2022, Costa Rica's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $621k
TOP IMPORT POTENTIALUnited States+ $1.35M

Concentrated Milk’s highest export potential is Colombia. With an export gap of $621k.   Concentrated Milk’s highest import potential is United States with an import gap of $1.35M.

See methodology.

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