Top Costa Rica Exports 2018. Exports to Costa Rica in the United States averaged 292 USD Million from 1985 until 2020, reaching an all time high of 740.60 USD Million in March of 2012 and a record low of 29.60 USD Million in February of 1986. With ports of entry on both coasts U.S. exporters from the West, Gulf and East Coasts can have products in Costa Rica in less than a week and can easily travel to meet with sales representatives, distributors or … Costa Rica exports to United States - data, historical chart and statistics - was last updated on December of 2020. The United States imposes export controls to protect national security interests and promote foreign policy objectives. So far I can only find info about importing vehicles into Costa Rica (which seems like a raw deal). Costa Rica's main cash crop, historically and up to modern times, was Bananas. Optical, photo, technical, medical apparatus, Edible fruits, nuts, peel of citrus fruit, melons, Edible vegetables and certain roots and tubers, Fish, crustaceans, molluscs, aquatics invertebrates, Live trees, plants, bulbs, roots, cut flowers. (1995-2016) Data visualization of economic trade. Exporting goods to Costa-Rica, whether it is for the first time, or on a regular basis, can be a challenging experience. Situated in Central America, Costa Rica borders Panama and Nicaragua, and has both Pacific and Atlantic Ocean coastlines. The top import origins of Costa Rica are the United States, China, Mexico, Guatemala, and Japan. A failure to file the required import-export documentation and correctly follow defined administrative procedures in El Salvador and Costa Rica can generate delays, fines, and create the risk of confiscation. Export Controls Costa Rica - U.S. The Economic Complexity Index (ECI) is a measure of economic capacity that is predictive of income, economic growth, income inequality & greehouse gas emissions. Costa Rica exports to United States - data, historical chart and statistics - was last updated on November of 2020. Publish your articles and forecasts in our website. Costa Rica exports to United States was US$4.85 Billion during 2019, according to the United Nations COMTRADE database on international trade. The Central American Group (CAG) makes its import-export expertise in Costa Rica and El Salvador available to its customers. Exports to Costa Rica in the United States increased to 407.31 USD Million in July from 393.74 USD Million in June of 2020. Also shown is the percentage share each export category represents in terms of overall exports from Costa Rica. List of top products exported by Costa Rica with full list of export and import partner countries of Costa Rica. Learn about the history of the OEC in the about section. By tonnage, the top three U.S. exports were (1) Gasoline, other fuels, (2) Corn, and (3) Soybeans. There are no significant trade barriers affecting the entry of most goods and services into Costa Rica. Optical, technical, medical apparatus: US$3.7 billion (31.9% of … The OEC library has a curated list of hundreds of papers organized by topics and geography. ECI Rankings. The Trading Economics Application Programming Interface (API) provides direct access to our data. If the product is intended for the retail market in Costa Rica, then all labeling must be in compliance with the Ministry of Health and the Ministry of Economy, Industry and Commerce regulations. With the implementation of the CCRFTA on November 1, 2002 imports from Costa Rica of apparel, wool, cotton or man-made fibre fabrics and made-up goods, and cotton or man-made fibre spun yarn, as defined in section E-2B, are eligible for CCRFTA tariff rate reductions up to … It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Visitors traveling to Costa Rica will need to provide proof of a medical insurance policy to cover any COVID-19 related medical treatment or quarantine lodging while in Costa Rica. The liberalization of trade in Costa Rica has augmented Foreign Direct Investment (FDI), productivity growth and economic diversification. In 2018, Costa Rica bought US$16.6 billion worth of imported products down by -3.6% since 2014 but up by 4% from 2017 to 2018. Costa Rica - Exports of goods and services Exports of goods and services (BoP, current US$) The latest value for Exports of goods and services (BoP, current US$) in Costa Rica was $20,595,600,000 as of 2018. Read more Costa Rica: Main export partners in 2017 In 2017, Costa Rica imported a total of US$15.9 billion good and services. Direct access to our calendar releases and historical data. Scatter Economic Complexity. Costa Rica is well known for its move to carbon neutrality, and virtually 100% of its electricity is generated from green sources. The top export categories (2-digit HS) in 2019 were: mineral fuels ($1.4 billion), electrical machinery ($834 million), optical and medical instruments ($612 million), machinery ($533 million), and plastics ($480 million). U.S. exports to Costa Rica are up 9.5% from 2008 (pre-FTA). U.S. goods exports to Costa Rica in 2003 were $3.5 billion, up about 13 percent from the previous year. U.S. citizens from all 50 states and Washington, D.C. can enter Costa Rica via air on flights departing from the United States. The coffee crop had been a major export, but decreased in value to the point where it added only 2.5% to the 2013 exports of the country. ... Exports to Destination Imports from Origin Exports by Product Imports by Product Trade Balance. ; Assess your company’s readiness for entering your first markets, expanding into additional markets, or taking on more challenging, high-growth export markets. French exports to the US above $1 bn in 2017: 1. I cannot find export duties, which are what I am interested in. Economic activity contracted at a sharper pace in July–August, while the unemployment rate remained high in the same period. Last Published: 10/28/2019. In Costa Rica exports account for around 40 percent of GDP. All Countries Specific Country. Costa Rica exports to Netherlands worth US$ 679 million, with a partner share of 6.03 percent. The United States also represents the largest source of tourism and foreign direct investment to Costa Rica. Costa Rica’s proximity to the U.S. is a major opportunity for U.S. exporters. Download historical data for 20 million indicators using your browser. Costa Rica - Exports The economic panorama likely remained downbeat in Q3 due to the ongoing health crisis. According to the CIA World Factbook, Costa Rica's main exports are bananas, pineapples, coffee, melons, ornamental plants, sugar, beef, seafood, electronic components and medical equipment; the main imports are raw materials, consumer goods, capital equipment, petroleum and construction materials.