2022
Exports
$13.4MWorld Rnk 37 / 117
Flag Rnk 112 / 1045
2022
PRODUCT COMPLEXITY IN Whey and other milk products
0.4Rnk 408 / 1025
2022
Imports
$11.5MWorld Rnk 54 / 198
Flag Rnk 294 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $13.4M in Whey and other milk products, making it the 37th largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 112th most exported product in Costa Rica. The main destination of Whey and other milk products exports from Costa Rica are: Guatemala ($11.7M), Honduras ($589k), Dominican Republic ($538k), Nicaragua ($261k), and Trinidad and Tobago ($188k).

The fastest growing export markets for Whey and other milk products of Costa Rica between 2021 and 2022 were Guatemala ($177k), El Salvador ($80.4k), and Dominican Republic ($49.6k).

Imports In 2022, Costa Rica imported $11.5M in Whey and other milk products, becoming the 54th largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 294th most imported product in Costa Rica. Costa Rica imports Whey and other milk products primarily from: United States ($9.24M), Canada ($656k), Ireland ($593k), Chile ($420k), and Spain ($235k).

The fastest growing import markets in Whey and other milk products for Costa Rica between 2021 and 2022 were United States ($1.7M), Ireland ($479k), and Canada ($278k).

Latest Trends

Oct 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 Whey and other milk products. 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)$13.4M
IMPORTS (2022)$11.5M
NET TRADE (2022)$1.84M

In 2022, Costa Rica exported $13.4M in Whey and other milk products. The main destinations of Costa Rica exports on Whey and other milk products were Guatemala ($11.7M), Honduras ($589k), Dominican Republic ($538k), Nicaragua ($261k), and Trinidad and Tobago ($188k).

In 2022, Costa Rica imported $11.5M in Whey and other milk products, mainly from United States ($9.24M), Canada ($656k), Ireland ($593k), Chile ($420k), and Spain ($235k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Guatemala$177k (1.54%)
El Salvador$80.4k (1%)
Dominican Republic$49.6k (10.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY Costa Rica WERE (2021 - 2022):
Honduras-$3.13M (-84.1%)
Panama-$32.6k (-49.1%)
Nicaragua-$24.4k (-8.52%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Whey and other milk products were:
In 2022, Costa Rica's main importing competitors in Whey and other milk products were:

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNicaragua+ $71.6k
TOP IMPORT POTENTIALCanada+ $133k

Whey and other milk products’s highest export potential is Nicaragua. With an export gap of $71.6k.   Whey and other milk products’s highest import potential is Canada with an import gap of $133k.

See methodology.

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