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Costa Rica

coasta rica flagU.S.-Costa Rica Trade Facts 

Costa Rica is currently our 32nd largest goods trading partner with $19.1 billion in total (two way) goods trade during 2013. Goods exports totaled $7.2 billion; Goods imports totaled $11. billion. The U.S. goods trade deficit with Costa Rica was $4.7 billion in 2013.

Exports

Costa Rica was the United States' 37th largest goods export market in 2012.

U.S. goods exports to Costa Rica in 2012 were $7.2 billion, up 18.7% ($1.1 billion) from 2011 and up 131% from 2002. U.S. Exports to Costa Rica were up 26.7% from 2008 (Pre-FTA). 

The top export categories (2-digit HS) in 2012 were: Mineral Fuel (oil) ($2.1 million), Electrical Machinery ($1.5 billion), Machinery ($547 million), Plastic ($408 million), and Optic and Medical Instruments ($357 million).

U.S. exports of agricultural products to Costa Rica totaled $631 million in 2012. Leading categories include: soybeans ($163 million), coarse grains ($108 million), wheat ($42 million), and rice ($38 million).

Exports

Costa Rica was the United States' 37th largest goods export market in 2013.

U.S. goods exports to Costa Rica in 2013 were $7.2 billion no change from 2012, up 112% from 2003. U.S. Exports to Costa Rica were up 27% from 2008 (Pre-FTA).

The top export categories (2-digit HS) in 2013 were: Mineral Fuel (oil) ($2.0 million), Electrical Machinery ($1.7 billion), Machinery ($563 million), Plastic ($426 million), and Optic and Medical Instruments ($366 million).

U.S. exports of agricultural products to Costa Rica totaled $484 million in 2013. Leading categories include: soybeans ($59 million), corn ($53 million), wheat ($44 million), and prepared food ($27 million). 

Imports

Costa Rica was the United States' 29th largest supplier of goods imports in 2012. 

U.S. goods imports from Costa Rica totaled $11.9 billion in 2013, a 1.1% decrease ($136 million) from 2012, but up 254% from 2003.  U.S. imports from Costa Rica were up 202% from 2008 (Pre-FTA).

The five largest import categories in 2013 were: Electrical Machinery ($8.0 billion), Optic and Medical Instruments ($1.1 billion), Edible Fruit and Nuts (pineapples and bananas) ($896 million), Special Other (low valued shipments) ($272 million), and Spices, Coffee, and Tea (mainly coffee) ($204 million).

U.S. imports of agricultural products from Costa Rica totaled $1.5 billion in 2013. Leading categories include: fresh fruit (excluding bananas) ($497 million), bananas and plantains ($375 million), and coffee (unroasted) ($197 million). 

Trade Balance

The U.S. goods trade deficit with Costa Rica was $4.7 billion in 2013, down 2.8% ($135 million) from 2012.

Investment

U.S. foreign direct investment (FDI) in Costa Rica (stock) was $1.7 billion in 2012 (latest data available), down 9.5% from 2011.

U.S. direct investment in Costa Rica is led by the manufacturing sector.

Costa Rica's Foreign Direct Investment in the United States (stock) was not available in 2012.


*NOTE: No services trade data with Costa Rica is available.

4/18/14