2022
Exports
$926kWorld Rnk 84 / 160
Flag Rnk 355 / 1045
2022
PRODUCT COMPLEXITY IN Corn
-1.16Rnk 869 / 1025
2022
Imports
$274MWorld Rnk 41 / 212
Flag Rnk 10 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $926k in Corn, making it the 84th largest exporter of Corn in the world. At the same year, Corn was the 355th most exported product in Costa Rica. The main destination of Corn exports from Costa Rica are: Nicaragua ($775k), El Salvador ($69.2k), Guatemala ($67.7k), Panama ($13.6k), and United States ($24).

The fastest growing export markets for Corn of Costa Rica between 2021 and 2022 were Nicaragua ($763k), Guatemala ($46.9k), and El Salvador ($29.6k).

Imports In 2022, Costa Rica imported $274M in Corn, becoming the 41st largest importer of Corn in the world. At the same year, Corn was the 10th most imported product in Costa Rica. Costa Rica imports Corn primarily from: United States ($177M), Brazil ($90.7M), Mexico ($5.59M), Argentina ($245k), and Guatemala ($140k).

The fastest growing import markets in Corn for Costa Rica between 2021 and 2022 were Brazil ($75.9M), Mexico ($3.94M), and Argentina ($146k).

Latest Trends

Aug 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 Corn. 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)$926k
IMPORTS (2022)$274M
NET TRADE (2022)-$273M

In 2022, Costa Rica exported $926k in Corn. The main destinations of Costa Rica exports on Corn were Nicaragua ($775k), El Salvador ($69.2k), Guatemala ($67.7k), Panama ($13.6k), and United States ($24).

In 2022, Costa Rica imported $274M in Corn, mainly from United States ($177M), Brazil ($90.7M), Mexico ($5.59M), Argentina ($245k), and Guatemala ($140k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Nicaragua$763k (6.48k%)
Guatemala$46.9k (225%)
El Salvador$29.6k (74.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Costa Rica WERE (2021 - 2022):Panama-$1.79M (-99.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Corn were:
In 2022, Costa Rica's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $72.7k
TOP IMPORT POTENTIALArgentina+ $935k

Corn’s highest export potential is Guatemala. With an export gap of $72.7k.   Corn’s highest import potential is Argentina with an import gap of $935k.

See methodology.

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