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Costa Rica Trade Summary

2019

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 2019

Overall Exports and Imports for Costa Rica 2019

Exports and imports of Costa Rica in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 11,452 million.
  • The total value of imports (CIF) was 16,106 million.
  • At the HS6 digit level, 2,988 products were exported to 150 countries and 4,070 products were imported from 192 countries.

Costa Rica top 5 Export and Import partners 2019

Top five countries to which Costa Rica exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Costa Rica exports to United States worth US$ 4,849 million, with a partner share of 42.34 percent.
  2. Costa Rica exports to Netherlands worth US$ 721 million, with a partner share of 6.29 percent.
  3. Costa Rica exports to Belgium worth US$ 706 million, with a partner share of 6.17 percent.
  4. Costa Rica exports to Guatemala worth US$ 595 million, with a partner share of 5.20 percent.
  5. Costa Rica exports to Panama worth US$ 592 million, with a partner share of 5.17 percent.

Top five countries from which Costa Rica imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Costa Rica imports from United States worth US$ 6,191 million, with a partner share of 38.44 percent.
  2. Costa Rica imports from China worth US$ 2,124 million, with a partner share of 13.18 percent.
  3. Costa Rica imports from Mexico worth US$ 1,088 million, with a partner share of 6.75 percent.
  4. Costa Rica imports from Unspecified worth US$ 506 million, with a partner share of 3.14 percent.
  5. Costa Rica imports from Guatemala worth US$ 399 million, with a partner share of 2.48 percent.

Costa Rica Top 5 Productsexports imports at HS 6 digit level 2019

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$ 1,479,283.90 million.
  2. Costa Rica exported Instruments and appliances used in medical or v , worth US$ 1,017,954.55 million.
  3. Costa Rica exported Bananas, including plantains, fresh or dried , worth US$ 999,701.73 million.
  4. Costa Rica exported Pineapples, fresh or dried , worth US$ 981,012.22 million.
  5. Costa Rica exported Artificial parts of the body, nes , worth US$ 531,028.65 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$ 1,561,732.13 million.
  2. Costa Rica imported Other medicaments of mixed or unmixed products, , worth US$ 494,689.86 million.
  3. Costa Rica imported Transmission apparatus, for radioteleph incorpo , worth US$ 432,484.93 million.
  4. Costa Rica imported Automobiles with reciprocating piston engine di , worth US$ 266,681.26 million.
  5. Costa Rica imported Other articles of plastics, nes , worth US$ 226,940.19 million.

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Costa Rica in 2019 are below

  • The maximum rate of tariff in percentage on any product was 150 percent.
  • The simple average tariff across all products was 3.22 percent.
  • The trade weighted average tariff was 1.62 .
  • The total duty free imports in thousands of US dollars were 10,709,548.81 and duty free tariff line items share was 64.14 percent.

Development Indicators 2019

Key Development Indicators of Costa Rica in 2019 are below

  • Costa Rica GDP in current US dollar was 63,951 million.
  • GNI per capita, Atlas method (current US$) was 12,070.00 .
  • Costa Rica Trade balance: as % of GDP was 2.58.
  • Trade balance in current US$ was 1,649.00 million.
  • Trade as percentage of GDP was 65.12 .
  • Trade in services as percentage of GDP was 21.33 .

Trade Indicators 2019

Trade Indicators for Costa Rica in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.15.
  • Index of export market penetration was 3.57.
  • World Growth in percentage was -1.13 and Costa Rica Country Growth was 5.03 .