2022
Exports
$4.96kWorld Rnk 82 / 121
Flag Rnk 884 / 1045
2022
PRODUCT COMPLEXITY IN Vanilla
-1.9Rnk 988 / 1025
2022
Imports
$108kWorld Rnk 75 / 198
Flag Rnk 990 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $4.96k in Vanilla, making it the 82nd largest exporter of Vanilla in the world. At the same year, Vanilla was the 884th most exported product in Costa Rica. The main destination of Vanilla exports from Costa Rica are: United States ($2.73k), El Salvador ($2.2k), and Saint Kitts and Nevis ($35).

The fastest growing export markets for Vanilla of Costa Rica between 2021 and 2022 were Saint Kitts and Nevis ($35).

Imports In 2022, Costa Rica imported $108k in Vanilla, becoming the 75th largest importer of Vanilla in the world. At the same year, Vanilla was the 990th most imported product in Costa Rica. Costa Rica imports Vanilla primarily from: United States ($108k).

The fastest growing import markets in Vanilla for Costa Rica between 2021 and 2022 were United States ($79.6k).

COMPANIES In 2023, leading companies such as Goya Foods (5) were at the forefront of shipping Vanilla from Costa Rica to the United States.

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 Vanilla. 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)$4.96k
IMPORTS (2022)$108k
NET TRADE (2022)-$103k

In 2022, Costa Rica exported $4.96k in Vanilla. The main destinations of Costa Rica exports on Vanilla were United States ($2.73k), El Salvador ($2.2k), and Saint Kitts and Nevis ($35).

In 2022, Costa Rica imported $108k in Vanilla, mainly from United States ($108k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):Saint Kitts and Nevis$35 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Costa Rica WERE (2021 - 2022):
El Salvador-$12.6k (-85.2%)
Nicaragua-$7.27k (-100%)
Canada-$2.97k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Vanilla were:
In 2022, Costa Rica's main importing competitors in Vanilla were:

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Trade Value of Vanilla by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.27k
TOP IMPORT POTENTIALMadagascar+ $991

Vanilla’s highest export potential is United States. With an export gap of $5.27k.   Vanilla’s highest import potential is Madagascar with an import gap of $991.

See methodology.

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