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Costa Rica Trade Summary

2020

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 2020

Overall Exports and Imports for Costa Rica 2020

Exports and imports of Costa Rica in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 11,623 million.
  • The total value of imports (CIF) was 14,456 million.
  • At the HS6 digit level, 2,901 products were exported to 145 countries and 4,036 products were imported from 191 countries.

Costa Rica top 5 Export and Import partners 2020

Top five countries to which Costa Rica exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Costa Rica exports to United States worth US$ 5,055 million, with a partner share of 43.49 percent.
  2. Costa Rica exports to Netherlands worth US$ 896 million, with a partner share of 7.71 percent.
  3. Costa Rica exports to Belgium worth US$ 614 million, with a partner share of 5.28 percent.
  4. Costa Rica exports to Guatemala worth US$ 596 million, with a partner share of 5.13 percent.
  5. Costa Rica exports to Panama worth US$ 485 million, with a partner share of 4.18 percent.

Top five countries from which Costa Rica imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Costa Rica imports from United States worth US$ 5,401 million, with a partner share of 37.36 percent.
  2. Costa Rica imports from China worth US$ 2,091 million, with a partner share of 14.46 percent.
  3. Costa Rica imports from Mexico worth US$ 977 million, with a partner share of 6.76 percent.
  4. Costa Rica imports from Guatemala worth US$ 408 million, with a partner share of 2.82 percent.
  5. Costa Rica imports from Germany worth US$ 383 million, with a partner share of 2.65 percent.

Costa Rica Top 5 Productsexports imports at HS 6 digit level 2020

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

  1. Costa Rica exported Needles, catheters, cannulae and the like, nes , worth 1,498,234.21 (US$ Thousands).
  2. Costa Rica exported Instruments and appliances used in medical or v , worth 1,313,108.01 (US$ Thousands).
  3. Costa Rica exported Bananas, including plantains, fresh or dried , worth 1,082,969.74 (US$ Thousands).
  4. Costa Rica exported Pineapples, fresh or dried , worth 922,741.12 (US$ Thousands).
  5. Costa Rica exported Other food preparations, nes , worth 486,800.15 (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 841,140.88 (US$ Thousands).
  2. Costa Rica imported Other medicaments of mixed or unmixed products, , worth 496,828.25 (US$ Thousands).
  3. Costa Rica imported Transmission apparatus, for radioteleph incorpo , worth 403,235.68 (US$ Thousands).
  4. Costa Rica imported Other articles of plastics, nes , worth 242,842.50 (US$ Thousands).
  5. Costa Rica imported Storage units, whether or not presented with th , worth 212,495.07 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Costa Rica in 2020 are below

  • The maximum rate of tariff in percentage on any product was 150 percent.
  • The simple average tariff across all products was 3.05 percent.
  • The trade weighted average tariff was 1.51 .
  • The total duty free imports in thousands of US dollars were 11,280,506.12 and duty free tariff line items share was 64.85 percent.

Development Indicators 2020

Key Development Indicators of Costa Rica in 2020 are below

  • Costa Rica GDP in current US dollar was 62,396 million.
  • GNI per capita, Atlas method (current US$) was 11,500.00 .
  • Costa Rica Trade balance: as % of GDP was 3.67.
  • Trade balance in current US$ was 2,292.00 million.
  • Trade as percentage of GDP was 60.14 .
  • Trade in services as percentage of GDP was 18.21 .

Trade Indicators 2020

Trade Indicators for Costa Rica in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.13.
  • Index of export market penetration was 3.86.
  • World Growth in percentage was -3.77 and Costa Rica Country Growth was 3.23 .