2022
Exports
$193kWorld Rnk 91 / 124
Flag Rnk 568 / 1045
falsefalse Nicaragua
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.24Rnk 894 / 1025
2022
Imports
$53.5MWorld Rnk 75 / 174
Flag Rnk 75 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $193k in Soybean Meal, making it the 91st largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 568th most exported product in Costa Rica. The main destination of Soybean Meal exports from Costa Rica are: Nicaragua ($159k) and Panama ($35k).

Imports In 2022, Costa Rica imported $53.5M in Soybean Meal, becoming the 75th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 75th most imported product in Costa Rica. Costa Rica imports Soybean Meal primarily from: United States ($52.8M), Brazil ($623k), China ($192), and Mexico ($68).

The fastest growing import markets in Soybean Meal for Costa Rica between 2021 and 2022 were United States ($1.38M), Brazil ($337k), and Mexico ($68).

Latest Trends

Nov 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 Soybean Meal. 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)$193k
IMPORTS (2022)$53.5M
NET TRADE (2022)-$53.3M

In 2022, Costa Rica exported $193k in Soybean Meal. The main destinations of Costa Rica exports on Soybean Meal were Nicaragua ($159k) and Panama ($35k).

In 2022, Costa Rica imported $53.5M in Soybean Meal, mainly from United States ($52.8M), Brazil ($623k), China ($192), and Mexico ($68).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Costa Rica WERE (2021 - 2022):
Nicaragua-$30.8k (-16.3%)
Panama-$29.5k (-45.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Soybean Meal were:
In 2022, Costa Rica's main importing competitors in Soybean Meal were:

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALPanama+ $30k
TOP IMPORT POTENTIALBrazil+ $1.39M

Soybean Meal’s highest export potential is Panama. With an export gap of $30k.   Soybean Meal’s highest import potential is Brazil with an import gap of $1.39M.

See methodology.

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