2022
Exports
$9.66MWorld Rnk 90 / 195
Flag Rnk 57 / 95
2022
PRODUCT COMPLEXITY IN Cereals
-0.36Rnk 663 / 1025
2022
Imports
$489MWorld Rnk 69 / 222
Flag Rnk 10 / 96
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $9.66M in Cereals, making it the 90th largest exporter of Cereals in the world. At the same year, Cereals was the 57th most exported product in Costa Rica. The main destination of Cereals exports from Costa Rica are: Nicaragua ($5.02M), El Salvador ($2.07M), Guatemala ($1.96M), Panama ($496k), and Honduras ($87.4k).

The fastest growing export markets for Cereals of Costa Rica between 2021 and 2022 were Nicaragua ($2.62M), Honduras ($50k), and Curaçao ($15k).

Imports In 2022, Costa Rica imported $489M in Cereals, becoming the 69th largest importer of Cereals in the world. At the same year, Cereals was the 10th most imported product in Costa Rica. Costa Rica imports Cereals primarily from: United States ($238M), Brazil ($141M), Canada ($64.5M), Uruguay ($35.2M), and Mexico ($5.59M).

The fastest growing import markets in Cereals for Costa Rica between 2021 and 2022 were Brazil ($98M), Uruguay ($28.8M), and Mexico ($3.93M).

COMPANIES In 2023, leading companies such as Riviana Foods (7) and Goya Foods (1) were at the forefront of shipping Cereals from Costa Rica to the United States.

Latest Trends

Jul 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 Cereals. 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)$9.66M
IMPORTS (2022)$489M
NET TRADE (2022)-$479M

In 2022, Costa Rica exported $9.66M in Cereals. The main destinations of Costa Rica exports on Cereals were Nicaragua ($5.02M), El Salvador ($2.07M), Guatemala ($1.96M), Panama ($496k), and Honduras ($87.4k).

In 2022, Costa Rica imported $489M in Cereals, mainly from United States ($238M), Brazil ($141M), Canada ($64.5M), Uruguay ($35.2M), and Mexico ($5.59M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Cereals EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Nicaragua$2.62M (109%)
Honduras$50k (134%)
Curaçao$15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereals BY Costa Rica WERE (2021 - 2022):
Panama-$1.84M (-78.8%)
Guatemala-$277k (-12.4%)
El Salvador-$44.2k (-2.09%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Cereals were:
In 2022, Costa Rica's main importing competitors in Cereals were:
China $18.6B
Japan $8.51B
Mexico $7.82B

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Trade Value of Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPanama+ $177k
TOP IMPORT POTENTIALThailand+ $742k

Cereals’s highest export potential is Panama. With an export gap of $177k.   Cereals’s highest import potential is Thailand with an import gap of $742k.

See methodology.

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