Costa Rica
Compare Costa Rica →CR · CRI · BACI 188 · latest data 2024
Exports
= $27,183 M84.9% over 5 yrs (up)
Imports
= $23,705 M50.2% over 5 yrs (up)
Trade balancesurplus
= $3,478 M
Total trade
= $50,888 M66.9% over 5 yrs (up)
- World position
- #70 of 225 exporters · top half · #74 of 225 importers · top half · 2024
- World export share since 1995
- +0.0 pp
Trade timeline
Costa Rica's exports grew from $4.1B in 1995 to $27.2B in 2024; the 2024 balance was $3.5B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $4,087 M | $3,616 M | $471 M | $7,703 M |
| 1996 | $4,299 M | $3,819 M | $480 M | $8,118 M |
| 1997 | $5,076 M | $4,871 M | $204 M | $9,947 M |
| 1998 | $6,432 M | $6,923 M | −$491 M | $13,355 M |
| 1999 | $7,574 M | $5,814 M | $1,759 M | $13,388 M |
| 2000 | $7,445 M | $6,450 M | $995 M | $13,895 M |
| 2001 | $6,632 M | $6,801 M | −$169 M | $13,433 M |
| 2002 | $7,906 M | $7,641 M | $265 M | $15,547 M |
| 2003 | $10,572 M | $7,719 M | $2,853 M | $18,291 M |
| 2004 | $11,227 M | $8,525 M | $2,702 M | $19,752 M |
| 2005 | $12,067 M | $9,652 M | $2,415 M | $21,719 M |
| 2006 | $13,120 M | $11,712 M | $1,408 M | $24,833 M |
| 2007 | $14,961 M | $13,124 M | $1,837 M | $28,084 M |
| 2008 | $16,124 M | $16,313 M | −$189 M | $32,436 M |
| 2009 | $15,546 M | $9,353 M | $6,193 M | $24,900 M |
| 2010 | $20,795 M | $13,889 M | $6,906 M | $34,684 M |
| 2011 | $23,948 M | $17,911 M | $6,037 M | $41,859 M |
| 2012 | $27,090 M | $18,540 M | $8,551 M | $45,630 M |
| 2013 | $28,439 M | $18,499 M | $9,940 M | $46,937 M |
| 2014 | $21,883 M | $17,286 M | $4,597 M | $39,168 M |
| 2015 | $13,064 M | $15,234 M | −$2,170 M | $28,298 M |
| 2016 | $13,307 M | $15,046 M | −$1,739 M | $28,352 M |
| 2017 | $13,867 M | $16,109 M | −$2,242 M | $29,975 M |
| 2018 | $14,560 M | $16,839 M | −$2,279 M | $31,399 M |
| 2019 | $14,705 M | $15,779 M | −$1,074 M | $30,484 M |
| 2020 | $15,649 M | $14,471 M | $1,178 M | $30,120 M |
| 2021 | $19,598 M | $18,355 M | $1,244 M | $37,953 M |
| 2022 | $20,608 M | $21,012 M | −$404 M | $41,620 M |
| 2023 | $23,737 M | $22,669 M | $1,068 M | $46,406 M |
| 2024 | $27,183 M | $23,705 M | $3,478 M | $50,888 M |
Trading partners
United States was Costa Rica's top trading partner in 2024, at 37.6% of total trade; the top five partners covered 61.3%.
- Top partner share
- 37.6%
- Top-5 share
- 61.3%
- Partners
- 208
- Partner HHI (0–1)
- 0.163
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | United States | $10,468 M | $8,645 M | $19,113 M | $1,823 M |
| #2 | China | $1,400 M | $4,057 M | $5,458 M | −$2,657 M |
| #3 | Mexico | $1,310 M | $1,481 M | $2,791 M | −$172 M |
| #4 | Netherlands | $1,844 M | $357 M | $2,201 M | $1,488 M |
| #5 | Guatemala | $995 M | $641 M | $1,637 M | $354 M |
| #6 | Japan | $477 M | $607 M | $1,084 M | −$129 M |
| #7 | Germany | $524 M | $555 M | $1,080 M | −$31 M |
| #8 | Belgium | $870 M | $133 M | $1,003 M | $738 M |
| #9 | Nicaragua | $707 M | $225 M | $932 M | $482 M |
| #10 | Panama | $546 M | $382 M | $928 M | $164 M |
| #11 | Spain | $445 M | $411 M | $856 M | $34 M |
| #12 | Brazil | $129 M | $676 M | $805 M | −$546 M |
| #13 | El Salvador | $457 M | $310 M | $767 M | $148 M |
| #14 | Honduras | $553 M | $187 M | $740 M | $367 M |
| #15 | Canada | $436 M | $260 M | $696 M | $176 M |
Products & sectors
Product composition of Costa Rica's trade in 2024.
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Concentration & risk
Costa Rica's export partners diversified over 1995–2024 — HHI 0.233 → 0.165, a moderately concentrated export base across 167 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.233 | 0.196 | 120 | 149 |
| 1996 | 0.229 | 0.205 | 136 | 128 |
| 1997 | 0.259 | 0.225 | 137 | 119 |
| 1998 | 0.220 | 0.280 | 142 | 130 |
| 1999 | 0.295 | 0.207 | 131 | 134 |
| 2000 | 0.253 | 0.249 | 144 | 154 |
| 2001 | 0.222 | 0.262 | 152 | 150 |
| 2002 | 0.204 | 0.249 | 154 | 148 |
| 2003 | 0.147 | 0.246 | 157 | 151 |
| 2004 | 0.136 | 0.195 | 156 | 167 |
| 2005 | 0.128 | 0.173 | 161 | 162 |
| 2006 | 0.134 | 0.161 | 163 | 182 |
| 2007 | 0.112 | 0.149 | 170 | 177 |
| 2008 | 0.108 | 0.153 | 175 | 186 |
| 2009 | 0.131 | 0.190 | 167 | 181 |
| 2010 | 0.165 | 0.223 | 171 | 184 |
| 2011 | 0.173 | 0.224 | 165 | 185 |
| 2012 | 0.185 | 0.275 | 173 | 189 |
| 2013 | 0.165 | 0.256 | 178 | 200 |
| 2014 | 0.086 | 0.217 | 180 | 192 |
| 2015 | 0.131 | 0.185 | 173 | 197 |
| 2016 | 0.128 | 0.170 | 175 | 196 |
| 2017 | 0.133 | 0.180 | 179 | 197 |
| 2018 | 0.132 | 0.178 | 182 | 196 |
| 2019 | 0.140 | 0.181 | 174 | 191 |
| 2020 | 0.136 | 0.177 | 177 | 189 |
| 2021 | 0.136 | 0.176 | 176 | 199 |
| 2022 | 0.148 | 0.185 | 178 | 200 |
| 2023 | 0.175 | 0.175 | 172 | 199 |
| 2024 | 0.165 | 0.172 | 167 | 199 |
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