2023
Exports
$48.4MWorld Rnk 82 / 175
Flag Rnk 35 / 96
2023
PRODUCT COMPLEXITY IN Fertilizers
-0.92Rnk 808 / 1025
2023
Imports
$250MWorld Rnk 65 / 221
Flag Rnk 16 / 96
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $48.4M in Fertilizers, making it the 82nd largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 35th most exported product in Costa Rica. The main destination of Fertilizers exports from Costa Rica are: Panama ($23.6M), Nicaragua ($10.2M), El Salvador ($5.49M), Honduras ($2.07M), and Ecuador ($1.59M).

The fastest growing export markets for Fertilizers of Costa Rica between 2022 and 2023 were El Salvador ($2.7M), Sierra Leone ($727k), and Dominican Republic ($516k).

Imports In 2023, Costa Rica imported $250M in Fertilizers, becoming the 65th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 16th most imported product in Costa Rica. Costa Rica imports Fertilizers primarily from: Russia ($59M), Canada ($39.3M), China ($33.4M), Norway ($28.3M), and United States ($15.1M).

The fastest growing import markets in Fertilizers for Costa Rica between 2022 and 2023 were China ($14.9M), Morocco ($14.2M), and Honduras ($1.54M).

COMPANIES In 2024, leading companies such as Goya Foods (1) were at the forefront of shipping Fertilizers from Costa Rica to the United States.

Latest Trends

Dec 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 Fertilizers. 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 (2023)$48.4M
IMPORTS (2023)$250M
NET TRADE (2023)-$202M

In 2023, Costa Rica exported $48.4M in Fertilizers. The main destinations of Costa Rica exports on Fertilizers were Panama ($23.6M), Nicaragua ($10.2M), El Salvador ($5.49M), Honduras ($2.07M), and Ecuador ($1.59M).

In 2023, Costa Rica imported $250M in Fertilizers, mainly from Russia ($59M), Canada ($39.3M), China ($33.4M), Norway ($28.3M), and United States ($15.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
El Salvador$2.7M (96.7%)
Sierra Leone$727k (137%)
Dominican Republic$516k (57.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Costa Rica WERE (2022 - 2023):
Guatemala-$2.78M (-70.9%)
Nicaragua-$1.54M (-13.2%)
Brazil-$1.34M (-88.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Fertilizers were:
Russia $15.3B
China $10.9B
Canada $10.4B
In 2023, Costa Rica's main importing competitors in Fertilizers were:

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $2.22M
TOP IMPORT POTENTIALChina+ $7.87M

Fertilizers’s highest export potential is Brazil. With an export gap of $2.22M.   Fertilizers’s highest import potential is China with an import gap of $7.87M.

See methodology.

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