2022
Exports
$1.23MWorld Rnk 76 / 152
Flag Rnk 325 / 1045
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$8.15MWorld Rnk 111 / 211
Flag Rnk 359 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $1.23M in Seed Oils, making it the 76th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 325th most exported product in Costa Rica. The main destination of Seed Oils exports from Costa Rica are: Panama ($1.17M), Nicaragua ($65.7k), and Spain ($194).

The fastest growing export markets for Seed Oils of Costa Rica between 2021 and 2022 were Panama ($398k) and Spain ($194).

Imports In 2022, Costa Rica imported $8.15M in Seed Oils, becoming the 111th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 359th most imported product in Costa Rica. Costa Rica imports Seed Oils primarily from: Argentina ($3.31M), Bolivia ($1.71M), Uruguay ($1.23M), Ukraine ($894k), and Guatemala ($353k).

The fastest growing import markets in Seed Oils for Costa Rica between 2021 and 2022 were Uruguay ($1.23M), Guatemala ($353k), and Turkey ($169k).

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 Seed Oils. 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)$1.23M
IMPORTS (2022)$8.15M
NET TRADE (2022)-$6.91M

In 2022, Costa Rica exported $1.23M in Seed Oils. The main destinations of Costa Rica exports on Seed Oils were Panama ($1.17M), Nicaragua ($65.7k), and Spain ($194).

In 2022, Costa Rica imported $8.15M in Seed Oils, mainly from Argentina ($3.31M), Bolivia ($1.71M), Uruguay ($1.23M), Ukraine ($894k), and Guatemala ($353k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Panama$398k (51.6%)
Spain$194 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Costa Rica WERE (2021 - 2022):
El Salvador-$49.2k (-100%)
Nicaragua-$2.42k (-3.55%)
United States-$5 (-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 Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Costa Rica's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $3.38k
TOP IMPORT POTENTIALUkraine+ $721k

Seed Oils’s highest export potential is Spain. With an export gap of $3.38k.   Seed Oils’s highest import potential is Ukraine with an import gap of $721k.

See methodology.

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