2023
Exports
$36.6MWorld Rnk 54 / 155
Flag Rnk 63 / 1040
2023
PRODUCT COMPLEXITY IN Mixed Mineral or Chemical Fertilizers
-0.99Rnk 827 / 1025
2023
Imports
$96.4MWorld Rnk 64 / 215
Flag Rnk 45 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $36.6M in Mixed Mineral or Chemical Fertilizers, making it the 54th largest exporter of Mixed Mineral or Chemical Fertilizers in the world. At the same year, Mixed Mineral or Chemical Fertilizers was the 63rd most exported product in Costa Rica. The main destination of Mixed Mineral or Chemical Fertilizers exports from Costa Rica are: Panama ($18.8M), Nicaragua ($5.35M), El Salvador ($5.32M), Honduras ($1.68M), and Dominican Republic ($1.29M).

The fastest growing export markets for Mixed Mineral or Chemical Fertilizers of Costa Rica between 2022 and 2023 were El Salvador ($2.55M), Panama ($734k), and Dominican Republic ($469k).

Imports In 2023, Costa Rica imported $96.4M in Mixed Mineral or Chemical Fertilizers, becoming the 64th largest importer of Mixed Mineral or Chemical Fertilizers in the world. At the same year, Mixed Mineral or Chemical Fertilizers was the 45th most imported product in Costa Rica. Costa Rica imports Mixed Mineral or Chemical Fertilizers primarily from: Norway ($26.5M), Morocco ($14.2M), Colombia ($8.87M), Finland ($7.44M), and Canada ($5.66M).

The fastest growing import markets in Mixed Mineral or Chemical Fertilizers for Costa Rica between 2022 and 2023 were Morocco ($14.2M), Colombia ($4.2M), and Switzerland ($1.79M).

COMPANIES In 2024, leading companies such as Goya Foods (1) were at the forefront of shipping Mixed Mineral or Chemical 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 Mixed Mineral or Chemical 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)$36.6M
IMPORTS (2023)$96.4M
NET TRADE (2023)-$59.9M

In 2023, Costa Rica exported $36.6M in Mixed Mineral or Chemical Fertilizers. The main destinations of Costa Rica exports on Mixed Mineral or Chemical Fertilizers were Panama ($18.8M), Nicaragua ($5.35M), El Salvador ($5.32M), Honduras ($1.68M), and Dominican Republic ($1.29M).

In 2023, Costa Rica imported $96.4M in Mixed Mineral or Chemical Fertilizers, mainly from Norway ($26.5M), Morocco ($14.2M), Colombia ($8.87M), Finland ($7.44M), and Canada ($5.66M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mixed Mineral or Chemical Fertilizers EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
El Salvador$2.55M (91.8%)
Panama$734k (4.05%)
Dominican Republic$469k (57.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mixed Mineral or Chemical Fertilizers BY Costa Rica WERE (2022 - 2023):
Nicaragua-$3.8M (-41.5%)
Guatemala-$1.58M (-66.3%)
Honduras-$896k (-34.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Mixed Mineral or Chemical Fertilizers were:
Morocco $5.72B
Russia $5.58B
China $5.09B
In 2023, Costa Rica's main importing competitors in Mixed Mineral or Chemical Fertilizers were:

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Trade Value of Mixed Mineral or Chemical Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $1.62M
TOP IMPORT POTENTIALRussia+ $4.42M

Mixed Mineral or Chemical Fertilizers’s highest export potential is Brazil. With an export gap of $1.62M.   Mixed Mineral or Chemical Fertilizers’s highest import potential is Russia with an import gap of $4.42M.

See methodology.

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