2022
Exports
$52.3MWorld Rnk 85 / 175
Flag Rnk 33 / 95
2022
PRODUCT COMPLEXITY IN Fertilizers
-0.82Rnk 785 / 1025
2022
Imports
$295MWorld Rnk 69 / 223
Flag Rnk 14 / 96
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $52.3M in Fertilizers, making it the 85th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 33rd most exported product in Costa Rica. The main destination of Fertilizers exports from Costa Rica are: Panama ($25.3M), Nicaragua ($12.5M), Guatemala ($4.32M), Honduras ($2.57M), and Ecuador ($1.47M).

The fastest growing export markets for Fertilizers of Costa Rica between 2021 and 2022 were Nicaragua ($5.01M), Panama ($3.96M), and Guatemala ($2.28M).

Imports In 2022, Costa Rica imported $295M in Fertilizers, becoming the 69th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 14th most imported product in Costa Rica. Costa Rica imports Fertilizers primarily from: Russia ($78M), United States ($38.1M), Canada ($37.3M), Norway ($28.4M), and Algeria ($17.9M).

The fastest growing import markets in Fertilizers for Costa Rica between 2021 and 2022 were Russia ($44.9M), United States ($25.7M), and Canada ($21.9M).

COMPANIES In 2023, leading companies such as Chestnut Hill Farms (2) and Goya Foods (1) were at the forefront of shipping Fertilizers from Costa Rica to the United States.

Latest Trends

Oct 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 (2022)$52.3M
IMPORTS (2022)$295M
NET TRADE (2022)-$242M

In 2022, Costa Rica exported $52.3M in Fertilizers. The main destinations of Costa Rica exports on Fertilizers were Panama ($25.3M), Nicaragua ($12.5M), Guatemala ($4.32M), Honduras ($2.57M), and Ecuador ($1.47M).

In 2022, Costa Rica imported $295M in Fertilizers, mainly from Russia ($78M), United States ($38.1M), Canada ($37.3M), Norway ($28.4M), and Algeria ($17.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Nicaragua$5.01M (67.1%)
Panama$3.96M (18.6%)
Guatemala$2.28M (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Costa Rica WERE (2021 - 2022):
Jamaica-$341k (-41.6%)
Costa Rica-$334k (-99.9%)
Czechia-$242k (-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 Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, 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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