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Costa Rica Trade Summary

2016

Costa Rica exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR COSTA RICA 2016

Overall Exports and Imports for Costa Rica 2016

Exports and imports of Costa Rica in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 9,908 million.
  • The total value of imports (CIF) was 15,322 million.
  • At the HS6 digit level, 2,917 products were exported to 149 countries and 4,107 products were imported from 201 countries.

Costa Rica top 5 Export and Import partners 2016

Top five countries to which Costa Rica exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Costa Rica exports to United States worth US$ 4,058 million, with a partner share of 40.96 percent.
  2. Costa Rica exports to Netherlands worth US$ 575 million, with a partner share of 5.81 percent.
  3. Costa Rica exports to Panama worth US$ 561 million, with a partner share of 5.66 percent.
  4. Costa Rica exports to Belgium worth US$ 532 million, with a partner share of 5.37 percent.
  5. Costa Rica exports to Nicaragua worth US$ 517 million, with a partner share of 5.22 percent.

Top five countries from which Costa Rica imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Costa Rica imports from United States worth US$ 5,711 million, with a partner share of 37.28 percent.
  2. Costa Rica imports from China worth US$ 2,082 million, with a partner share of 13.59 percent.
  3. Costa Rica imports from Mexico worth US$ 1,067 million, with a partner share of 6.96 percent.
  4. Costa Rica imports from Unspecified worth US$ 485 million, with a partner share of 3.17 percent.
  5. Costa Rica imports from Guatemala worth US$ 417 million, with a partner share of 2.72 percent.

Costa Rica Top 5 Productsexports imports at HS 6 digit level 2016

The top five exported HS 6 digit level products to world by Costa Rica along with trade value are:

  1. Costa Rica exported Bananas, including plantains, fresh or dried , worth 996,814.98 (US$ Thousands).
  2. Costa Rica exported Needles, catheters, cannulae and the like, nes , worth 969,831.99 (US$ Thousands).
  3. Costa Rica exported Pineapples, fresh or dried , worth 905,310.88 (US$ Thousands).
  4. Costa Rica exported Instruments and appliances used in medical or v , worth 724,510.61 (US$ Thousands).
  5. Costa Rica exported Artificial parts of the body, nes , worth 432,550.67 (US$ Thousands).

The top five imported HS 6 digit level products from world by Costa Rica along with trade value are

  1. Costa Rica imported Petroleum oils, etc, (excl. crude); preparation , worth 1,092,374.56 (US$ Thousands).
  2. Costa Rica imported Other medicaments of mixed or unmixed products, , worth 474,509.07 (US$ Thousands).
  3. Costa Rica imported Automobiles with reciprocating piston engine di , worth 449,451.03 (US$ Thousands).
  4. Costa Rica imported Transmission apparatus, for radioteleph incorpo , worth 294,568.73 (US$ Thousands).
  5. Costa Rica imported Other articles of plastics, nes , worth 172,295.20 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Costa Rica in 2016 are below

  • The maximum rate of tariff in percentage on any product was 150 percent.
  • The simple average tariff across all products was 3.81 percent.
  • The trade weighted average tariff was 1.78 .
  • The total duty free imports in thousands of US dollars were 10,897,363.50 and duty free tariff line items share was 61.21 percent.

Development Indicators 2016

Key Development Indicators of Costa Rica in 2016 are below

  • Costa Rica GDP in current US dollar was 58,847 million.
  • GNI per capita, Atlas method (current US$) was 11,000.00 .
  • Costa Rica Trade balance: as % of GDP was 0.34.
  • Trade balance in current US$ was 201.00 million.
  • Trade as percentage of GDP was 62.18 .
  • Trade in services as percentage of GDP was 20.33 .

Trade Indicators 2016

Trade Indicators for Costa Rica in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.13.
  • Index of export market penetration was 3.95.
  • World Growth in percentage was -1.35 and Costa Rica Country Growth was -0.82 .