2022
Exports
$21.7MWorld Rnk 99 / 210
Flag Rnk 46 / 95
2022
PRODUCT COMPLEXITY IN Inorganic chemicals
1.72Rnk 21 / 1025
2022
Imports
$146MWorld Rnk 86 / 225
Flag Rnk 30 / 96
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $21.7M in Inorganic chemicals, making it the 99th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 46th most exported product in Costa Rica. The main destination of Inorganic chemicals exports from Costa Rica are: Ecuador ($3.62M), Panama ($3.48M), Nicaragua ($2.76M), Honduras ($2.73M), and El Salvador ($2.67M).

The fastest growing export markets for Inorganic chemicals of Costa Rica between 2021 and 2022 were Ecuador ($2.89M), Panama ($606k), and Nicaragua ($427k).

Imports In 2022, Costa Rica imported $146M in Inorganic chemicals, becoming the 86th largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 30th most imported product in Costa Rica. Costa Rica imports Inorganic chemicals primarily from: United States ($39.4M), China ($32.7M), Colombia ($20.6M), Mexico ($7.46M), and Belgium ($5.13M).

The fastest growing import markets in Inorganic chemicals for Costa Rica between 2021 and 2022 were China ($11.2M), Colombia ($6.72M), and United States ($5.45M).

COMPANIES In 2023, leading companies such as Baxter Healthcare (2) and Del Monte Foods (1) were at the forefront of shipping Inorganic chemicals 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 Inorganic chemicals. 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)$21.7M
IMPORTS (2022)$146M
NET TRADE (2022)-$124M

In 2022, Costa Rica exported $21.7M in Inorganic chemicals. The main destinations of Costa Rica exports on Inorganic chemicals were Ecuador ($3.62M), Panama ($3.48M), Nicaragua ($2.76M), Honduras ($2.73M), and El Salvador ($2.67M).

In 2022, Costa Rica imported $146M in Inorganic chemicals, mainly from United States ($39.4M), China ($32.7M), Colombia ($20.6M), Mexico ($7.46M), and Belgium ($5.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Ecuador$2.89M (399%)
Panama$606k (21.1%)
Nicaragua$427k (18.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Costa Rica WERE (2021 - 2022):
Honduras-$997k (-26.8%)
Guatemala-$642k (-42.7%)
Cuba-$416k (-67.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Inorganic chemicals were:
In 2022, Costa Rica's main importing competitors in Inorganic chemicals were:

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $646k
TOP IMPORT POTENTIALChina+ $2.69M

Inorganic chemicals’s highest export potential is United States. With an export gap of $646k.   Inorganic chemicals’s highest import potential is China with an import gap of $2.69M.

See methodology.

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