2023
Exports
$134kWorld Rnk 97 / 178
Flag Rnk 607 / 1040
2023
PRODUCT COMPLEXITY IN Soups and Broths
-0.55Rnk 719 / 1025
2023
Imports
$17.9MWorld Rnk 47 / 224
Flag Rnk 219 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $134k in Soups and Broths, making it the 97th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 607th most exported product in Costa Rica. The main destination of Soups and Broths exports from Costa Rica are: Nicaragua ($68k), United States ($41.8k), Panama ($10.4k), Honduras ($9.65k), and Guatemala ($3.28k).

The fastest growing export markets for Soups and Broths of Costa Rica between 2022 and 2023 were Nicaragua ($47.6k), Guatemala ($3.15k), and Panama ($1.11k).

Imports In 2023, Costa Rica imported $17.9M in Soups and Broths, becoming the 47th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 219th most imported product in Costa Rica. Costa Rica imports Soups and Broths primarily from: United States ($8.48M), Guatemala ($5.96M), Mexico ($1.53M), Honduras ($1.15M), and Singapore ($206k).

The fastest growing import markets in Soups and Broths for Costa Rica between 2022 and 2023 were United States ($2.56M), Guatemala ($111k), and Singapore ($109k).

Latest Trends

Dec 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 Soups and Broths. 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 (2023)$134k
IMPORTS (2023)$17.9M
NET TRADE (2023)-$17.7M

In 2023, Costa Rica exported $134k in Soups and Broths. The main destinations of Costa Rica exports on Soups and Broths were Nicaragua ($68k), United States ($41.8k), Panama ($10.4k), Honduras ($9.65k), and Guatemala ($3.28k).

In 2023, Costa Rica imported $17.9M in Soups and Broths, mainly from United States ($8.48M), Guatemala ($5.96M), Mexico ($1.53M), Honduras ($1.15M), and Singapore ($206k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
Nicaragua$47.6k (232%)
Guatemala$3.15k (2.52k%)
Panama$1.11k (11.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Costa Rica WERE (2022 - 2023):
United States-$80.2k (-65.7%)
Honduras-$10.1k (-51.1%)
Netherlands-$8.94k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Soups and Broths were:
In 2023, Costa Rica's main importing competitors in Soups and Broths were:

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $50.1k
TOP IMPORT POTENTIALChina+ $158k

Soups and Broths’s highest export potential is United States. With an export gap of $50.1k.   Soups and Broths’s highest import potential is China with an import gap of $158k.

See methodology.

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