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Costa Rica

coasta rica flagU.S.-Costa Rica Trade Facts 

Costa Rica is currently our 34th largest goods trading partner with $19.2 billion in total (two way) goods trade during 2012. Goods exports totaled $7.2 billion; Goods imports totaled $12.0 billion. The U.S. goods trade deficit with Costa Rica was $4.8 billion in 2012.

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).

Imports

Costa Rica was the United States' 30th largest supplier of goods imports in 2011. 

U.S. goods imports from Costa Rica totaled $12.0 billion in 2012, a 19.0% increase ($1.9 billion) from 2011, and up 283% from 2002. U.S. imports from Costa Rica were up 206% from 2008 (Pre-FTA). 

The five largest import categories in 2012 were: Electrical Machinery ($8.1 billion), Optic and Medical Instruments ($1.1 billion), Edible Fruit and Nuts (pineapples and bananas) ($858 million), Special Other (low valued shipments) ($311 million), and Spices, Coffee, and Tea (mainly coffee) ($255 million). 

U.S. imports of agricultural products from Costa Rica totaled $1.5 billion in 2012, the 20th largest supplier of Ag imports. Leading categories include: fresh fruit (excluding bananas) ($455 million), bananas and plantains ($382 million), and coffee (unroasted) ($249 million).

Trade Balance

The U.S. goods trade deficit with Costa Rica was $4.8 billion in 2012, up 19.4% ($788 million) from 2011.

Investment

U.S. foreign direct investment (FDI) in Costa Rica (stock) was $1.5 billion in 2011 (latest data available), down 5.9% from 2010.

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 2011.

Services

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