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Costa Rica Trade Summary

2022

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 2022

Overall Exports and Imports for Costa Rica 2022

Exports and imports of Costa Rica in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 15,320 million.
  • The total value of imports (CIF) was 21,140 million.
  • At the HS6 digit level, 2,892 products were exported to 156 countries and 4,028 products were imported from 209 countries.

Costa Rica top 5 Export and Import partners 2022

Top five countries to which Costa Rica exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Costa Rica exports to United States worth US$ 6,704 million, with a partner share of 43.76 percent.
  2. Costa Rica exports to Netherlands worth US$ 1,183 million, with a partner share of 7.72 percent.
  3. Costa Rica exports to Guatemala worth US$ 815 million, with a partner share of 5.32 percent.
  4. Costa Rica exports to Belgium worth US$ 792 million, with a partner share of 5.17 percent.
  5. Costa Rica exports to Nicaragua worth US$ 593 million, with a partner share of 3.87 percent.

Top five countries from which Costa Rica imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Costa Rica imports from United States worth US$ 8,199 million, with a partner share of 38.78 percent.
  2. Costa Rica imports from China worth US$ 3,186 million, with a partner share of 15.07 percent.
  3. Costa Rica imports from Mexico worth US$ 1,318 million, with a partner share of 6.24 percent.
  4. Costa Rica imports from Guatemala worth US$ 570 million, with a partner share of 2.70 percent.
  5. Costa Rica imports from Brazil worth US$ 547 million, with a partner share of 2.59 percent.

Costa Rica Top 5 Productsexports imports at HS 6 digit level 2022

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 1,996,182.83 (US$ Thousands).
  2. Costa Rica exported Instruments and appliances used in medical or v , worth 1,894,263.24 (US$ Thousands).
  3. Costa Rica exported Artificial parts of the body, nes , worth 1,052,322.19 (US$ Thousands).
  4. Costa Rica exported Pineapples, fresh or dried , worth 1,038,282.41 (US$ Thousands).
  5. Costa Rica exported Bananas, including plantains, fresh or dried , worth 1,018,065.41 (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 2,481,387.91 (US$ Thousands).
  2. Costa Rica imported Other medicaments of mixed or unmixed products, , worth 607,515.82 (US$ Thousands).
  3. Costa Rica imported Transmission apparatus, for radioteleph incorpo , worth 561,794.39 (US$ Thousands).
  4. Costa Rica imported Other articles of plastics, nes , worth 324,702.83 (US$ Thousands).
  5. Costa Rica imported Maize (excl. seed) , worth 292,031.02 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Costa Rica in 2022 are below

  • The maximum rate of tariff in percentage on any product was 150 percent.
  • The simple average tariff across all products was 2.63 percent.
  • The trade weighted average tariff was 1.36 .
  • The total duty free imports in thousands of US dollars were 13,871,022.25 and duty free tariff line items share was 75.08 percent.

Development Indicators 2022

Key Development Indicators of Costa Rica in 2022 are below

  • Costa Rica GDP in current US dollar was 68,381 million.
  • GNI per capita, Atlas method (current US$) was 12,670.00 .
  • Costa Rica Trade balance: as % of GDP was 2.30.
  • Trade balance in current US$ was 1,575.00 million.
  • Trade as percentage of GDP was 80.02 .
  • Trade in services as percentage of GDP was 25.28 .

Trade Indicators 2022

Trade Indicators for Costa Rica in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.15.
  • Index of export market penetration was 4.13.
  • World Growth in percentage was 5.18 and Costa Rica Country Growth was 6.26 .