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Exports In 2022, Costa Rica exported $76.3k in Balances, making it the 52nd largest exporter of Balances in the world. At the same year, Balances was the 683rd most exported product in Costa Rica. The main destination of Balances exports from Costa Rica are: Costa Rica ($74.1k), China ($1.14k), Guatemala ($740), El Salvador ($300), and Nicaragua ($50).

The fastest growing export markets for Balances of Costa Rica between 2021 and 2022 were Costa Rica ($50.8k), China ($1.14k), and Guatemala ($660).

Imports In 2022, Costa Rica imported $622k in Balances, becoming the 65th largest importer of Balances in the world. At the same year, Balances was the 805th most imported product in Costa Rica. Costa Rica imports Balances primarily from: United States ($236k), China ($111k), Germany ($92k), Costa Rica ($74.1k), and South Korea ($28.7k).

The fastest growing import markets in Balances for Costa Rica between 2021 and 2022 were United States ($169k), China ($61.2k), and Costa Rica ($50.8k).

Latest Trends

Sep 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 Balances. 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)$76.3k
IMPORTS (2022)$622k
NET TRADE (2022)-$546k

In 2022, Costa Rica exported $76.3k in Balances. The main destinations of Costa Rica exports on Balances were Costa Rica ($74.1k), China ($1.14k), Guatemala ($740), El Salvador ($300), and Nicaragua ($50).

In 2022, Costa Rica imported $622k in Balances, mainly from United States ($236k), China ($111k), Germany ($92k), Costa Rica ($74.1k), and South Korea ($28.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Balances EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Costa Rica$50.8k (218%)
China$1.14k (1%)
Guatemala$660 (825%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Balances BY Costa Rica WERE (2021 - 2022):
Panama-$6.25k (-100%)
Honduras-$1.58k (-100%)
Dominican Republic-$476 (-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 Balances were:
In 2022, Costa Rica's main importing competitors in Balances were:

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Trade Value of Balances by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.54k
TOP IMPORT POTENTIALChina+ $34.5k

Balances’s highest export potential is China. With an export gap of $1.54k.   Balances’s highest import potential is China with an import gap of $34.5k.

See methodology.

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