2022
Exports
$440kWorld Rnk 95 / 186
Flag Rnk 457 / 1045
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts
-0.5Rnk 703 / 1025
2022
Imports
$7.56MWorld Rnk 110 / 221
Flag Rnk 368 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $440k in Coffee and Tea Extracts, making it the 95th largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 457th most exported product in Costa Rica. The main destination of Coffee and Tea Extracts exports from Costa Rica are: Dominican Republic ($151k), Colombia ($72.4k), Honduras ($63k), Chile ($59.2k), and Nicaragua ($27.5k).

The fastest growing export markets for Coffee and Tea Extracts of Costa Rica between 2021 and 2022 were Colombia ($59.4k), Dominican Republic ($35.3k), and Chile ($22.2k).

Imports In 2022, Costa Rica imported $7.56M in Coffee and Tea Extracts, becoming the 110th largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 368th most imported product in Costa Rica. Costa Rica imports Coffee and Tea Extracts primarily from: Mexico ($1.62M), China ($1.05M), Nicaragua ($979k), Colombia ($929k), and Chile ($913k).

The fastest growing import markets in Coffee and Tea Extracts for Costa Rica between 2021 and 2022 were Mexico ($507k), Chile ($284k), and Nicaragua ($215k).

COMPANIES In 2023, leading companies such as Chicken of the Sea (1) were at the forefront of shipping Coffee and Tea Extracts 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 Coffee and Tea Extracts. 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)$440k
IMPORTS (2022)$7.56M
NET TRADE (2022)-$7.12M

In 2022, Costa Rica exported $440k in Coffee and Tea Extracts. The main destinations of Costa Rica exports on Coffee and Tea Extracts were Dominican Republic ($151k), Colombia ($72.4k), Honduras ($63k), Chile ($59.2k), and Nicaragua ($27.5k).

In 2022, Costa Rica imported $7.56M in Coffee and Tea Extracts, mainly from Mexico ($1.62M), China ($1.05M), Nicaragua ($979k), Colombia ($929k), and Chile ($913k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Colombia$59.4k (457%)
Dominican Republic$35.3k (30.5%)
Chile$22.2k (60.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Costa Rica WERE (2021 - 2022):
Guatemala-$554k (-99.2%)
Canada-$19.8k (-82.8%)
Philippines-$16.1k (-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 Coffee and Tea Extracts were:
In 2022, Costa Rica's main importing competitors in Coffee and Tea Extracts were:

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $103k
TOP IMPORT POTENTIALColombia+ $455k

Coffee and Tea Extracts’s highest export potential is United States. With an export gap of $103k.   Coffee and Tea Extracts’s highest import potential is Colombia with an import gap of $455k.

See methodology.

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