Costa Rica Import Data

Costa Rica Import Data

With the Pacific Ocean to the west and the Caribbean Sea to the east, Costa Rica is a Central American nation that shares borders with Nicaragua to the north and Panama to the south. San José, the capital, is a significant hub for both political and economic activity. The tourist, electronics, agricultural, and medical device industries are expected to increase and contribute to Costa Rica's GDP, which is expected to reach USD 84.1 billion in 2024. As per Costa Rica import data, Costa Rica is the 92nd-largest importer in the world, according to international trade statistics. Strong bilateral trade links are demonstrated by the United States' notable position as the leading exporter to Costa Rica. Refined petroleum continues to be the biggest imported product, with an expected USD 29.3 billion in total import value in 2024.

The economy of Costa Rica is closely linked to international markets, particularly those in the US and Latin America. As per Costa Rica customs data, Costa Rica has increased its import base as a result of its active participation in international free trade accords, which has improved access to raw materials, gasoline, machinery, and pharmaceuticals that are necessary for the country's industrial and agricultural growth.

92

In 2024, Costa Rica will be the 92nd largest importer in the world.

0.07%

In terms of value, Costa Rica makes up around 0.07% of all imports worldwide

United States

The United States continues to be Costa Rica's largest supplier, based on trade statistics from 2024.

Refined Petroleum

In 2024, the most valuable import into Costa Rica will be refined petroleum, which is essential for both industry and transportation.

 

Top 10 Import Products of Costa Rica

As per the Costa Rica shipments data, the top imports from Costa Rica show the country's need for technology, electricity, medical supplies, and agricultural goods. Both local consumption and industrial activities are supported by these imports.

  • Refined Petroleum (HS Code 2710): 14.38% (USD 4.21 billion)
  • Medicaments (Packaged) (HS Code 3004): 9.76% (USD 2.86 billion)
  • Broadcasting Equipment (HS Code 8525): 8.12% (USD 2.38 billion)
  • Cars (HS Code 8703): 6.59% (USD 1.93 billion)
  • Medical Instruments (HS Code 9018): 5.44% (USD 1.59 billion)
  • Soybean Oil (HS Code 1507): 4.62% (USD 1.35 billion)
  • Computers (HS Code 8471): 4.28% (USD 1.24 billion)
  • Plastic Products (HS Code 3923): 3.89% (USD 1.14 billion)
  • Wheat (HS Code 1001): 3.51% (USD 1.03 billion)
  • Electrical Machinery (HS Code 8504): 3.22% (USD 0.94 billion)
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Top 10 Import Trading Partners of Costa Rica

As per Costa Rica customs import data, Costa Rica has strong trading ties with its neighbors in the area, Asia, and North America. The bulk of Costa Rica's import partners are from the following nations:

  • United States: 37.92% (USD 11.1 billion)
  • China: 15.71% (USD 4.6 billion)
  • Mexico: 10.95% (USD 3.21 billion)
  • Germany: 6.14% (USD 1.8 billion)
  • Brazil: 5.88% (USD 1.72 billion)
  • Japan: 5.37% (USD 1.57 billion)
  • Guatemala: 4.41% (USD 1.29 billion)
  • Colombia: 3.73% (USD 1.09 billion)
  • Colombia: 3.73% (USD 1.09 billion)
  • South Korea: 2.63% (USD 0.77 billion)

What Details Contain In Costa Rica Import Data?

All shipments by land, air, and sea are covered by the 100% comprehensive customs detailed data for Costa Rica. Gain access to a sizable dataset with crucial trade attributes that enable in-depth analysis at every level. Businesses, analysts, and politicians may monitor all facets of import operations with this comprehensive data, from product descriptions and shipment sources to pricing and modes of transportation. Users may pinpoint market opportunities, analyze supplier performance, and spot sourcing patterns with full insight into every transaction. This information is a vital starting point for strategic decision-making, whether you're keeping an eye on rivals or preparing to enter the Costa Rica market. The data contains all required fields:

  • Importer Name
  • Importer Address
  • Exporter Name
  • Exporter Address
  • Shipping Bill Number
  • Shipping Bill Date
  • Declaration Number
  • HS Code
  • Product Description
  • FOB Value
  • CIF Value
  • Manufacturing Country
  • Destination Country
  • Net Weight
  • Gross Weight
  • Quantity
  • Unit
  • Currency & Incoterms
  • Mode of Transportation
  • Port of Loading
  • Port of Unloading
  • Email
  • Contact

Benefits of Costa Rica Import data in your business

  • Use this information to investigate the global market: Learn important information about Costa Rica's import market and find international vendors.
  • Business Decision: Make well-informed choices supported by correct, up-to-date facts..
  • Reduce Risk: To assess possible hazards, examine shipping data from the past and current periods.
  • Extremely Accurate Data: Obtained from verified customs sources, guaranteeing dependability and validity.
  • Monitor Competitor Business: Determine the sourcing and supply networks of rival companies.
  • Stay Ahead in Pricing Strategy: Use accurate FOB/CIF data to maintain competitive pricing.

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Frequently Asked Questions

As per Costa Rica Import Data and international trade statistics, Costa Rica is ranked the 92nd largest importer globally, with a projected import value of approximately USD 29.3 billion in 2024. The country holds about a 0.07% share of global imports, according to Costa Rica Trade Data by Import Globals.

Based on Costa Rica Customs Data, the United States remains Costa Rica’s largest import trading partner, contributing 37.92% (USD 11.1 billion) of its total imports. This reflects strong bilateral ties and extensive reliance on U.S. products and machinery.

Costa Rica Import Export Data contains vital details such as Importer and Exporter Names, HS Code, Product Description, FOB/CIF Values, Quantity, Port of Loading/Unloading, Origin Country, Destination Country, and more. This detailed Costa Rica Customs Data is essential for accurate trade analysis and is made available through trusted sources like Import Globals, a verified Costa Rica Import Data provider.

Yes, Costa Rica is considered business-friendly due to its stable political climate, highly educated workforce, and growing sectors like medical devices, electronics, and eco-tourism. As per various global business rankings, Costa Rica offers a favorable environment for investment and international trade.

To gain complete visibility into Costa Rica Import Export Data, including real-time trade updates, pricing strategies, and buyer/supplier insights, you can connect with Import Globals, a verified Costa Rica Import Data provider. Their platform offers access to comprehensive and authentic Costa Rica Trade Data across industries.

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