2022
Exports
$440MWorld Rnk 29 / 218
Flag Rnk 7 / 95
2022
PRODUCT COMPLEXITY IN Coffee, tea, mate & spices
-1.2Rnk 880 / 1025
2022
Imports
$50.5MWorld Rnk 95 / 224
Flag Rnk 54 / 96
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $440M in Coffee, tea, mate & spices, making it the 29th largest exporter of Coffee, tea, mate & spices in the world. At the same year, Coffee, tea, mate & spices was the 7th most exported product in Costa Rica. The main destination of Coffee, tea, mate & spices exports from Costa Rica are: United States ($187M), Belgium ($71.8M), Switzerland ($50M), Germany ($20.8M), and South Korea ($15.5M).

The fastest growing export markets for Coffee, tea, mate & spices of Costa Rica between 2021 and 2022 were United States ($38.7M), Switzerland ($10.2M), and South Korea ($4.85M).

Imports In 2022, Costa Rica imported $50.5M in Coffee, tea, mate & spices, becoming the 95th largest importer of Coffee, tea, mate & spices in the world. At the same year, Coffee, tea, mate & spices was the 54th most imported product in Costa Rica. Costa Rica imports Coffee, tea, mate & spices primarily from: Nicaragua ($23M), Honduras ($10.7M), United States ($4.21M), Peru ($2.08M), and Guatemala ($1.67M).

The fastest growing import markets in Coffee, tea, mate & spices for Costa Rica between 2021 and 2022 were Nicaragua ($17.6M), Peru ($2.02M), and Costa Rica ($1.22M).

COMPANIES In 2023, leading companies such as Sucafina (14), Goya Foods (5), and Chiquita (4) were at the forefront of shipping Coffee, tea, mate & spices 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, tea, mate & spices. 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)$440M
IMPORTS (2022)$50.5M
NET TRADE (2022)$389M

In 2022, Costa Rica exported $440M in Coffee, tea, mate & spices. The main destinations of Costa Rica exports on Coffee, tea, mate & spices were United States ($187M), Belgium ($71.8M), Switzerland ($50M), Germany ($20.8M), and South Korea ($15.5M).

In 2022, Costa Rica imported $50.5M in Coffee, tea, mate & spices, mainly from Nicaragua ($23M), Honduras ($10.7M), United States ($4.21M), Peru ($2.08M), and Guatemala ($1.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee, tea, mate & spices EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
United States$38.7M (26.2%)
Switzerland$10.2M (25.6%)
South Korea$4.85M (45.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee, tea, mate & spices BY Costa Rica WERE (2021 - 2022):
Netherlands-$4.2M (-55.9%)
Spain-$2.83M (-31.8%)
Germany-$2.67M (-11.3%)

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, tea, mate & spices were:
Brazil $9.34B
Vietnam $5.02B
India $4.23B
In 2022, Costa Rica's main importing competitors in Coffee, tea, mate & spices were:

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Trade Value of Coffee, tea, mate & spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.2M
TOP IMPORT POTENTIALHonduras+ $1.55M

Coffee, tea, mate & spices’s highest export potential is United States. With an export gap of $26.2M.   Coffee, tea, mate & spices’s highest import potential is Honduras with an import gap of $1.55M.

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