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Costa Rica Trade Summary

2021

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 2021

Overall Exports and Imports for Costa Rica 2021

Exports and imports of Costa Rica in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 14,345 million.
  • The total value of imports (CIF) was 18,428 million.
  • At the HS6 digit level, 2,947 products were exported to 149 countries and 4,046 products were imported from 201 countries.

Costa Rica top 5 Export and Import partners 2021

Top five countries to which Costa Rica exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Costa Rica exports to United States worth US$ 6,270 million, with a partner share of 43.71 percent.
  2. Costa Rica exports to Netherlands worth US$ 1,037 million, with a partner share of 7.23 percent.
  3. Costa Rica exports to Belgium worth US$ 748 million, with a partner share of 5.22 percent.
  4. Costa Rica exports to Guatemala worth US$ 701 million, with a partner share of 4.89 percent.
  5. Costa Rica exports to Panama worth US$ 583 million, with a partner share of 4.06 percent.

Top five countries from which Costa Rica imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Costa Rica imports from United States worth US$ 6,957 million, with a partner share of 37.75 percent.
  2. Costa Rica imports from China worth US$ 2,938 million, with a partner share of 15.94 percent.
  3. Costa Rica imports from Mexico worth US$ 1,183 million, with a partner share of 6.42 percent.
  4. Costa Rica imports from Guatemala worth US$ 500 million, with a partner share of 2.72 percent.
  5. Costa Rica imports from Germany worth US$ 417 million, with a partner share of 2.27 percent.

Costa Rica Top 5 Productsexports imports at HS 6 digit level 2021

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 US$ 1,992,649.98 million.
  2. Costa Rica exported Instruments and appliances used in medical or v , worth US$ 1,774,079.06 million.
  3. Costa Rica exported Bananas, including plantains, fresh or dried , worth US$ 1,075,236.90 million.
  4. Costa Rica exported Pineapples, fresh or dried , worth US$ 1,041,214.91 million.
  5. Costa Rica exported Artificial parts of the body, nes , worth US$ 722,918.81 million.

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 US$ 1,529,775.38 million.
  2. Costa Rica imported Other medicaments of mixed or unmixed products, , worth US$ 534,585.31 million.
  3. Costa Rica imported Transmission apparatus, for radioteleph incorpo , worth US$ 442,060.33 million.
  4. Costa Rica imported Maize (excl. seed) , worth US$ 313,970.58 million.
  5. Costa Rica imported Other articles of plastics, nes , worth US$ 236,880.33 million.

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Costa Rica in 2021 are below

  • The maximum rate of tariff in percentage on any product was 150 percent.
  • The simple average tariff across all products was 2.77 percent.
  • The trade weighted average tariff was 1.43 .
  • The total duty free imports in thousands of US dollars were 10,589,986.66 and duty free tariff line items share was 66.08 percent.

Development Indicators 2021

Key Development Indicators of Costa Rica in 2021 are below

  • Costa Rica GDP in current US dollar was 64,616 million.
  • GNI per capita, Atlas method (current US$) was 12,340.00 .
  • Costa Rica Trade balance: as % of GDP was 1.65.
  • Trade balance in current US$ was 1,066.00 million.
  • Trade as percentage of GDP was 71.89 .
  • Trade in services as percentage of GDP was 20.79 .

Trade Indicators 2021

Trade Indicators for Costa Rica in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 4.24.
  • World Growth in percentage was 12.59 and Costa Rica Country Growth was 15.65 .