2023
Exports
$34.5MWorld Rnk 60 / 199
Flag Rnk 65 / 1040
2023
PRODUCT COMPLEXITY IN Hard Liquor
-0.58Rnk 730 / 1025
2023
Imports
$55.9MWorld Rnk 66 / 226
Flag Rnk 76 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $34.5M in Hard Liquor, making it the 60th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 65th most exported product in Costa Rica. The main destination of Hard Liquor exports from Costa Rica are: Nicaragua ($8.6M), Panama ($7.16M), El Salvador ($5.32M), Dominican Republic ($4.94M), and Peru ($3.41M).

The fastest growing export markets for Hard Liquor of Costa Rica between 2022 and 2023 were Dominican Republic ($4.21M), Nicaragua ($4.15M), and Germany ($935k).

Imports In 2023, Costa Rica imported $55.9M in Hard Liquor, becoming the 66th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 76th most imported product in Costa Rica. Costa Rica imports Hard Liquor primarily from: United Kingdom ($17M), Mexico ($14.7M), United States ($8.72M), Nicaragua ($5.08M), and Panama ($2.59M).

The fastest growing import markets in Hard Liquor for Costa Rica between 2022 and 2023 were United States ($5.27M), Mexico ($1.29M), and Panama ($607k).

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 Hard Liquor. 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)$34.5M
IMPORTS (2023)$55.9M
NET TRADE (2023)-$21.4M

In 2023, Costa Rica exported $34.5M in Hard Liquor. The main destinations of Costa Rica exports on Hard Liquor were Nicaragua ($8.6M), Panama ($7.16M), El Salvador ($5.32M), Dominican Republic ($4.94M), and Peru ($3.41M).

In 2023, Costa Rica imported $55.9M in Hard Liquor, mainly from United Kingdom ($17M), Mexico ($14.7M), United States ($8.72M), Nicaragua ($5.08M), and Panama ($2.59M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
Dominican Republic$4.21M (585%)
Nicaragua$4.15M (93.1%)
Germany$935k (518%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Costa Rica WERE (2022 - 2023):
Belgium-$766k (-64.1%)
El Salvador-$500k (-8.6%)
Netherlands-$341k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Hard Liquor were:
In 2023, Costa Rica's main importing competitors in Hard Liquor were:

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Trade Value of Hard Liquor by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.14M
TOP IMPORT POTENTIALMexico+ $4.17M

Hard Liquor’s highest export potential is United States. With an export gap of $2.14M.   Hard Liquor’s highest import potential is Mexico with an import gap of $4.17M.

See methodology.

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