2022
Exports
$399kWorld Rnk 63 / 146
Flag Rnk 469 / 1045
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$11.6MWorld Rnk 53 / 218
Flag Rnk 293 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $399k in Pure Olive Oil, making it the 63rd largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 469th most exported product in Costa Rica. The main destination of Pure Olive Oil exports from Costa Rica are: Panama ($109k), Guatemala ($100k), Honduras ($69.7k), El Salvador ($54.3k), and Costa Rica ($50.6k).

The fastest growing export markets for Pure Olive Oil of Costa Rica between 2021 and 2022 were Costa Rica ($50.6k), Panama ($14k), and Switzerland ($126).

Imports In 2022, Costa Rica imported $11.6M in Pure Olive Oil, becoming the 53rd largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 293rd most imported product in Costa Rica. Costa Rica imports Pure Olive Oil primarily from: Spain ($9.66M), Italy ($1.2M), United States ($431k), Greece ($134k), and Turkey ($93.1k).

The fastest growing import markets in Pure Olive Oil for Costa Rica between 2021 and 2022 were Spain ($748k), Italy ($161k), and Costa Rica ($50.6k).

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 Pure Olive Oil. 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)$399k
IMPORTS (2022)$11.6M
NET TRADE (2022)-$11.2M

In 2022, Costa Rica exported $399k in Pure Olive Oil. The main destinations of Costa Rica exports on Pure Olive Oil were Panama ($109k), Guatemala ($100k), Honduras ($69.7k), El Salvador ($54.3k), and Costa Rica ($50.6k).

In 2022, Costa Rica imported $11.6M in Pure Olive Oil, mainly from Spain ($9.66M), Italy ($1.2M), United States ($431k), Greece ($134k), and Turkey ($93.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Costa Rica$50.6k (1%)
Panama$14k (14.7%)
Switzerland$126 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Costa Rica WERE (2021 - 2022):
Guatemala-$94.7k (-48.6%)
Thailand-$67.5k (-100%)
El Salvador-$51.5k (-48.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Costa Rica's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNicaragua+ $6.54k
TOP IMPORT POTENTIALItaly+ $421k

Pure Olive Oil’s highest export potential is Nicaragua. With an export gap of $6.54k.   Pure Olive Oil’s highest import potential is Italy with an import gap of $421k.

See methodology.

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