2023
Exports
$9.45MWorld Rnk 53 / 184
Flag Rnk 148 / 1040
2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
$154MWorld Rnk 60 / 223
Flag Rnk 27 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $9.45M in Rice, making it the 53rd largest exporter of Rice in the world. At the same year, Rice was the 148th most exported product in Costa Rica. The main destination of Rice exports from Costa Rica are: Nicaragua ($3.54M), Guatemala ($2.84M), El Salvador ($2.57M), Panama ($461k), and Honduras ($39.2k).

The fastest growing export markets for Rice of Costa Rica between 2022 and 2023 were Guatemala ($704k), El Salvador ($76.7k), and Netherlands ($10).

Imports In 2023, Costa Rica imported $154M in Rice, becoming the 60th largest importer of Rice in the world. At the same year, Rice was the 27th most imported product in Costa Rica. Costa Rica imports Rice primarily from: Brazil ($107M), Uruguay ($27.9M), Argentina ($7.07M), Paraguay ($5.94M), and United States ($5.47M).

The fastest growing import markets in Rice for Costa Rica between 2022 and 2023 were Brazil ($59.4M), Paraguay ($5.4M), and Argentina ($2.87M).

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 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 (2023)$9.45M
IMPORTS (2023)$154M
NET TRADE (2023)-$144M

In 2023, Costa Rica exported $9.45M in Rice. The main destinations of Costa Rica exports on Rice were Nicaragua ($3.54M), Guatemala ($2.84M), El Salvador ($2.57M), Panama ($461k), and Honduras ($39.2k).

In 2023, Costa Rica imported $154M in Rice, mainly from Brazil ($107M), Uruguay ($27.9M), Argentina ($7.07M), Paraguay ($5.94M), and United States ($5.47M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
Guatemala$704k (33%)
El Salvador$76.7k (3.07%)
Netherlands$10 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Costa Rica WERE (2022 - 2023):
Nicaragua-$958k (-21.3%)
Panama-$106k (-18.7%)
Honduras-$29.8k (-43.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Rice were:
In 2023, 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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