2022
Exports
$46.5MWorld Rnk 18 / 168
Flag Rnk 46 / 1045
2022
PRODUCT COMPLEXITY IN Cut Flowers
-1.54Rnk 953 / 1025
2022
Imports
$843kWorld Rnk 107 / 203
Flag Rnk 766 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $46.5M in Cut Flowers, making it the 18th largest exporter of Cut Flowers in the world. At the same year, Cut Flowers was the 46th most exported product in Costa Rica. The main destination of Cut Flowers exports from Costa Rica are: United States ($44.6M), Nicaragua ($494k), El Salvador ($269k), Kuwait ($234k), and Panama ($225k).

The fastest growing export markets for Cut Flowers of Costa Rica between 2021 and 2022 were United States ($8.13M), Kuwait ($84.8k), and Germany ($54.5k).

Imports In 2022, Costa Rica imported $843k in Cut Flowers, becoming the 107th largest importer of Cut Flowers in the world. At the same year, Cut Flowers was the 766th most imported product in Costa Rica. Costa Rica imports Cut Flowers primarily from: Colombia ($368k), Guatemala ($227k), China ($76.6k), Ecuador ($61.3k), and Nigeria ($34.8k).

The fastest growing import markets in Cut Flowers for Costa Rica between 2021 and 2022 were China ($75.4k), Ecuador ($53k), and Colombia ($44.5k).

Latest Trends

May 2024

Subnational Monthly Trade

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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 Cut Flowers. 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)$46.5M
IMPORTS (2022)$843k
NET TRADE (2022)$45.7M

In 2022, Costa Rica exported $46.5M in Cut Flowers. The main destinations of Costa Rica exports on Cut Flowers were United States ($44.6M), Nicaragua ($494k), El Salvador ($269k), Kuwait ($234k), and Panama ($225k).

In 2022, Costa Rica imported $843k in Cut Flowers, mainly from Colombia ($368k), Guatemala ($227k), China ($76.6k), Ecuador ($61.3k), and Nigeria ($34.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cut Flowers EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
United States$8.13M (22.3%)
Kuwait$84.8k (56.9%)
Germany$54.5k (3.32k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cut Flowers BY Costa Rica WERE (2021 - 2022):
Colombia-$632k (-75.9%)
Panama-$132k (-37%)
Netherlands-$73.8k (-38.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Costa Rica's main exporting competitors in Cut Flowers were:
In 2022, Costa Rica's main importing competitors in Cut Flowers were:

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Trade Value of Cut Flowers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $300k
TOP IMPORT POTENTIALColombia+ $207k

Cut Flowers’s highest export potential is Netherlands. With an export gap of $300k.   Cut Flowers’s highest import potential is Colombia with an import gap of $207k.

See methodology.

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