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2022
Exports $5.52MWorld Rnk 54 / 194
Flag Rnk 182 / 1045
falsefalse United States
2021 - 2022
FASTEST GROWING MARKETfalseFrance
2022
PRODUCT COMPLEXITY IN Spices-1.63Rnk 964 / 1025
2022
Imports $1.45MWorld Rnk 120 / 223
Flag Rnk 691 / 1169
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Costa Rica0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $5.52M in Spices, making it the 54th largest exporter of Spices in the world. At the same year, Spices was the 182nd most exported product in Costa Rica. The main destination of Spices exports from Costa Rica are: United States ($3.67M), Netherlands ($537k), Germany ($444k), France ($241k), and Canada ($177k).

The fastest growing export markets for Spices of Costa Rica between 2021 and 2022 were France ($84.2k), Spain ($37.6k), and Belgium ($26.1k).

Imports In 2022, Costa Rica imported $1.45M in Spices, becoming the 120th largest importer of Spices in the world. At the same year, Spices was the 691st most imported product in Costa Rica. Costa Rica imports Spices primarily from: United States ($927k), India ($239k), Spain ($123k), Turkey ($53.8k), and Guatemala ($47.2k).

COMPANIES In 2023, leading companies such as Fyffes (1) were at the forefront of shipping Spices from Costa Rica to the United States.

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 Spices. 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)$5.52M
IMPORTS (2022)$1.45M
NET TRADE (2022)$4.07M

In 2022, Costa Rica exported $5.52M in Spices. The main destinations of Costa Rica exports on Spices were United States ($3.67M), Netherlands ($537k), Germany ($444k), France ($241k), and Canada ($177k).

In 2022, Costa Rica imported $1.45M in Spices, mainly from United States ($927k), India ($239k), Spain ($123k), Turkey ($53.8k), and Guatemala ($47.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
France$84.2k (53.8%)
Spain$37.6k (100%)
Belgium$26.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Costa Rica WERE (2021 - 2022):
United States-$1.6M (-30.4%)
Netherlands-$608k (-53.1%)
United Kingdom-$342k (-88.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Spices were:
India $538M
China $518M
Netherlands $203M
In 2022, Costa Rica's main importing competitors in Spices were:
United States $364M
Germany $211M
Netherlands $167M

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $331k
TOP IMPORT POTENTIALIndia+ $141k

Spices’s highest export potential is United States. With an export gap of $331k.   Spices’s highest import potential is India with an import gap of $141k.

See methodology.

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