2022
Exports
$9.1MWorld Rnk 86 / 151
Flag Rnk 139 / 1045
2022
PRODUCT COMPLEXITY IN Nitrogenous Fertilizers
-1.29Rnk 905 / 1025
2022
Imports
$119MWorld Rnk 69 / 211
Flag Rnk 33 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $9.1M in Nitrogenous Fertilizers, making it the 86th largest exporter of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 139th most exported product in Costa Rica. The main destination of Nitrogenous Fertilizers exports from Costa Rica are: Panama ($5.4M), Nicaragua ($1.84M), Guatemala ($1.44M), Ecuador ($201k), and Jamaica ($122k).

The fastest growing export markets for Nitrogenous Fertilizers of Costa Rica between 2021 and 2022 were Panama ($2.95M), Guatemala ($1.04M), and Nicaragua ($779k).

Imports In 2022, Costa Rica imported $119M in Nitrogenous Fertilizers, becoming the 69th largest importer of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 33rd most imported product in Costa Rica. Costa Rica imports Nitrogenous Fertilizers primarily from: Russia ($57.1M), Algeria ($17.9M), United States ($12.8M), Lithuania ($6.01M), and Netherlands ($4.52M).

The fastest growing import markets in Nitrogenous Fertilizers for Costa Rica between 2021 and 2022 were Russia ($38.4M), Algeria ($17.9M), and United States ($11.9M).

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 Nitrogenous 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)$9.1M
IMPORTS (2022)$119M
NET TRADE (2022)-$110M

In 2022, Costa Rica exported $9.1M in Nitrogenous Fertilizers. The main destinations of Costa Rica exports on Nitrogenous Fertilizers were Panama ($5.4M), Nicaragua ($1.84M), Guatemala ($1.44M), Ecuador ($201k), and Jamaica ($122k).

In 2022, Costa Rica imported $119M in Nitrogenous Fertilizers, mainly from Russia ($57.1M), Algeria ($17.9M), United States ($12.8M), Lithuania ($6.01M), and Netherlands ($4.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrogenous Fertilizers EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Panama$2.95M (120%)
Guatemala$1.04M (262%)
Nicaragua$779k (73.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogenous Fertilizers BY Costa Rica WERE (2021 - 2022):
Czechia-$242k (-100%)
Jamaica-$232k (-65.6%)
Dominican Republic-$62.1k (-84.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Nitrogenous Fertilizers were:
Russia $6.27B
China $5.59B
Oman $4.14B
In 2022, Costa Rica's main importing competitors in Nitrogenous Fertilizers were:

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Trade Value of Nitrogenous Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $320k
TOP IMPORT POTENTIALChina+ $3.74M

Nitrogenous Fertilizers’s highest export potential is United States. With an export gap of $320k.   Nitrogenous Fertilizers’s highest import potential is China with an import gap of $3.74M.

See methodology.

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