2022
Exports
$8.62MWorld Rnk 56 / 176
Flag Rnk 142 / 1045
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$100MWorld Rnk 67 / 221
Flag Rnk 38 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $8.62M in Rice, making it the 56th largest exporter of Rice in the world. At the same year, Rice was the 142nd most exported product in Costa Rica. The main destination of Rice exports from Costa Rica are: Nicaragua ($4.22M), El Salvador ($1.97M), Guatemala ($1.85M), Panama ($482k), and Honduras ($69k).

The fastest growing export markets for Rice of Costa Rica between 2021 and 2022 were Nicaragua ($1.85M), Honduras ($31.6k), and Curaçao ($15k).

Imports In 2022, Costa Rica imported $100M in Rice, becoming the 67th largest importer of Rice in the world. At the same year, Rice was the 38th most imported product in Costa Rica. Costa Rica imports Rice primarily from: Brazil ($50M), Uruguay ($35.2M), United States ($11.2M), Argentina ($2.49M), and Paraguay ($617k).

The fastest growing import markets in Rice for Costa Rica between 2021 and 2022 were Uruguay ($28.8M), Brazil ($22.1M), and Thailand ($102k).

Latest Trends

Sep 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 Rice. 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)$8.62M
IMPORTS (2022)$100M
NET TRADE (2022)-$91.8M

In 2022, Costa Rica exported $8.62M in Rice. The main destinations of Costa Rica exports on Rice were Nicaragua ($4.22M), El Salvador ($1.97M), Guatemala ($1.85M), Panama ($482k), and Honduras ($69k).

In 2022, Costa Rica imported $100M in Rice, mainly from Brazil ($50M), Uruguay ($35.2M), United States ($11.2M), Argentina ($2.49M), and Paraguay ($617k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Nicaragua$1.85M (78.2%)
Honduras$31.6k (84.4%)
Curaçao$15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Costa Rica WERE (2021 - 2022):
Guatemala-$341k (-15.5%)
El Salvador-$87.1k (-4.23%)
Panama-$52.5k (-9.83%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Costa Rica's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPanama+ $141k
TOP IMPORT POTENTIALUnited States+ $1.06M

Rice’s highest export potential is Panama. With an export gap of $141k.   Rice’s highest import potential is United States with an import gap of $1.06M.

See methodology.

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