2021
Exports | Imports
$4.44M | $1.41BWorld Rnk 146 / 218
Flag Rnk 192 / 1055
World Rnk 84 / 226
Flag Rnk 1 / 1170
2021
ECONOMIC COMPLEXITY of Costa Rica
0.24Rnk 52 / 131
2021
PRODUCT COMPLEXITY IN Refined Petroleum
-0.99Rnk 831 / 1024

About

Exports In 2021, Costa Rica exported $4.44M in Refined Petroleum, making it the 146th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 192nd most exported product in Costa Rica. The main destination of Refined Petroleum exports from Costa Rica are: South Korea ($1.85M), Peru ($614k), Nicaragua ($528k), Panama ($306k), and Greenland ($232k).

The fastest growing export markets for Refined Petroleum of Costa Rica between 2020 and 2021 were South Korea ($1.85M), Peru ($306k), and Greenland ($232k).

Imports In 2021, Costa Rica imported $1.41B in Refined Petroleum, becoming the 84th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Costa Rica. Costa Rica imports Refined Petroleum primarily from: United States ($1.32B), Curaçao ($44.2M), Belgium ($12.6M), Mexico ($5.78M), and El Salvador ($3.87M).

The fastest growing import markets in Refined Petroleum for Costa Rica between 2020 and 2021 were United States ($478M), Curaçao ($33.5M), and Belgium ($12.4M).

Latest Trends

Dec 2023

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 Refined Petroleum. 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 (2021)$4.44M
IMPORTS (2021)$1.41B
NET TRADE (2021)-$1.41B

In 2021, Costa Rica exported $4.44M in Refined Petroleum. The main destinations of Costa Rica exports on Refined Petroleum were South Korea ($1.85M), Peru ($614k), Nicaragua ($528k), Panama ($306k), and Greenland ($232k).

In 2021, Costa Rica imported $1.41B in Refined Petroleum, mainly from United States ($1.32B), Curaçao ($44.2M), Belgium ($12.6M), Mexico ($5.78M), and El Salvador ($3.87M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Costa Rica WERE (2020 - 2021):
South Korea$1.85M (1%)
Peru$306k (99.3%)
Greenland$232k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Costa Rica WERE (2020 - 2021):
Malaysia-$82.6k (-100%)
Panama-$65.8k (-17.7%)
Cote d'Ivoire-$30.3k (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Costa Rica's main exporting competitors in Refined Petroleum were:
In 2021, Costa Rica's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

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