2022
Exports
$23.2MWorld Rnk 66 / 216
Flag Rnk 80 / 1045
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$83.1MWorld Rnk 74 / 222
Flag Rnk 49 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $23.2M in Industrial Fatty Acids, Oils and Alcohols, making it the 66th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 80th most exported product in Costa Rica. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Costa Rica are: Nicaragua ($7.52M), Peru ($3.58M), Honduras ($2.61M), Guatemala ($2.53M), and Panama ($2.27M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Costa Rica between 2021 and 2022 were Nicaragua ($1.74M), Costa Rica ($870k), and Honduras ($785k).

Imports In 2022, Costa Rica imported $83.1M in Industrial Fatty Acids, Oils and Alcohols, becoming the 74th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 49th most imported product in Costa Rica. Costa Rica imports Industrial Fatty Acids, Oils and Alcohols primarily from: United States ($21M), India ($9.77M), China ($8.69M), Guatemala ($6.64M), and Panama ($6.04M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Costa Rica between 2021 and 2022 were China ($4.64M), United States ($3.09M), and Spain ($2.43M).

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 Industrial Fatty Acids, Oils and Alcohols. 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)$23.2M
IMPORTS (2022)$83.1M
NET TRADE (2022)-$59.9M

In 2022, Costa Rica exported $23.2M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Costa Rica exports on Industrial Fatty Acids, Oils and Alcohols were Nicaragua ($7.52M), Peru ($3.58M), Honduras ($2.61M), Guatemala ($2.53M), and Panama ($2.27M).

In 2022, Costa Rica imported $83.1M in Industrial Fatty Acids, Oils and Alcohols, mainly from United States ($21M), India ($9.77M), China ($8.69M), Guatemala ($6.64M), and Panama ($6.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Nicaragua$1.74M (30.2%)
Costa Rica$870k (449%)
Honduras$785k (42.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Costa Rica WERE (2021 - 2022):
Peru-$9.09M (-71.7%)
Cayman Islands-$948k (-100%)
Cuba-$339k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Costa Rica's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $352k
TOP IMPORT POTENTIALIndonesia+ $533k

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is China. With an export gap of $352k.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Indonesia with an import gap of $533k.

See methodology.

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