2022
Exports
$7.42MWorld Rnk 46 / 148
Flag Rnk 155 / 1045
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$6.35MWorld Rnk 92 / 220
Flag Rnk 403 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $7.42M in Butter, making it the 46th largest exporter of Butter in the world. At the same year, Butter was the 155th most exported product in Costa Rica. The main destination of Butter exports from Costa Rica are: El Salvador ($2.4M), Guatemala ($1.89M), Nicaragua ($1.62M), Honduras ($1.49M), and Colombia ($15.7k).

The fastest growing export markets for Butter of Costa Rica between 2021 and 2022 were Nicaragua ($549k), Guatemala ($376k), and Honduras ($117k).

Imports In 2022, Costa Rica imported $6.35M in Butter, becoming the 92nd largest importer of Butter in the world. At the same year, Butter was the 403rd most imported product in Costa Rica. Costa Rica imports Butter primarily from: New Zealand ($5.01M), United States ($707k), Denmark ($219k), Brazil ($149k), and Belgium ($114k).

The fastest growing import markets in Butter for Costa Rica between 2021 and 2022 were New Zealand ($4.3M), United States ($649k), and Brazil ($149k).

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 Butter. 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)$7.42M
IMPORTS (2022)$6.35M
NET TRADE (2022)$1.07M

In 2022, Costa Rica exported $7.42M in Butter. The main destinations of Costa Rica exports on Butter were El Salvador ($2.4M), Guatemala ($1.89M), Nicaragua ($1.62M), Honduras ($1.49M), and Colombia ($15.7k).

In 2022, Costa Rica imported $6.35M in Butter, mainly from New Zealand ($5.01M), United States ($707k), Denmark ($219k), Brazil ($149k), and Belgium ($114k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Nicaragua$549k (51.4%)
Guatemala$376k (24.8%)
Honduras$117k (8.48%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Costa Rica WERE (2021 - 2022):
Bahrain-$1.53M (-100%)
United States-$365k (-100%)
El Salvador-$261k (-9.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $11.8k
TOP IMPORT POTENTIALUnited States+ $138k

Butter’s highest export potential is Colombia. With an export gap of $11.8k.   Butter’s highest import potential is United States with an import gap of $138k.

See methodology.

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