2018
Exports
$37MWorld Rnk 17 / 154
Flag Rnk 61 / 1045
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2018
Imports
$2.02MWorld Rnk 94 / 212
Flag Rnk 620 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2018, Costa Rica exported $37M in Coconut Oil, making it the 17th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 61st most exported product in Costa Rica. The main destination of Coconut Oil exports from Costa Rica are: Mexico ($22.2M), Netherlands ($13.5M), Germany ($1.11M), Nicaragua ($311k), and Panama ($819).

The fastest growing export markets for Coconut Oil of Costa Rica between 2021 and 2022 were Netherlands ($7.19M), Nicaragua ($59.7k), and United States ($51).

Imports In 2022, Costa Rica imported $2.02M in Coconut Oil, becoming the 94th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 620th most imported product in Costa Rica. Costa Rica imports Coconut Oil primarily from: United States ($987k), Panama ($590k), Nicaragua ($206k), Sri Lanka ($113k), and Philippines ($44.2k).

The fastest growing import markets in Coconut Oil for Costa Rica between 2021 and 2022 were United States ($274k), Nicaragua ($206k), and Sri Lanka ($40.6k).

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 Coconut Oil. 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)$37M
IMPORTS (2022)$2.02M
NET TRADE (2022)$35M

In 2022, Costa Rica exported $37M in Coconut Oil. The main destinations of Costa Rica exports on Coconut Oil were Mexico ($22.2M), Netherlands ($13.5M), Germany ($1.11M), Nicaragua ($311k), and Panama ($819).

In 2022, Costa Rica imported $2.02M in Coconut Oil, mainly from United States ($987k), Panama ($590k), Nicaragua ($206k), Sri Lanka ($113k), and Philippines ($44.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Netherlands$7.19M (115%)
Nicaragua$59.7k (23.8%)
United States$51 (86.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Costa Rica WERE (2021 - 2022):
Mexico-$9.2M (-29.3%)
Germany-$428k (-27.9%)
Panama-$36.6k (-97.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.09M
TOP IMPORT POTENTIALPhilippines+ $87.9k

Coconut Oil’s highest export potential is Germany. With an export gap of $1.09M.   Coconut Oil’s highest import potential is Philippines with an import gap of $87.9k.

See methodology.

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