Canada / Costa Rica

Overview In June 2024, Canada exported C$13.4M and imported C$59.9M from Costa Rica, resulting in a negative trade balance of C$46.6M. Between June 2023 and June 2024 the exports of Canada have decreased by C$-32M (-70.5%) from C$45.3M to C$13.4M, while imports decreased by C$-10.5M (-14.9%) from C$70.4M to C$59.9M.

Trade In June 2024, the top exports of Canada to Costa Rica were Wheat (C$15M), Medical Instruments (C$4.91M), Other Frozen Vegetables (C$837k), Refined Petroleum (C$600k), and Packaged Medicaments (C$573k). In June 2024 the top imports of Canada from Costa Rica were Medical Instruments (C$16.4M), Tropical Fruits (C$10.4M), Bananas (C$6.82M), Orthopedic Appliances (C$1.63M), and Rubber Tires (C$1.35M).

Origins In June 2024 the exports of Canada were mainly from Quebec (C$3.95M), Ontario (C$3.78M), Saskatchewan (C$2.31M), New Brunswick (C$1.37M), and British Columbia (C$1.17M), while imports destinations were mainly Ontario (C$37.7M), Quebec (C$13.2M), British Columbia (C$4.22M), Manitoba (C$2.05M), and Alberta (C$1.98M).

Growth In June 2024, the decrease in Canada's year-by-year exports to Costa Rica was explained primarily by an decrease in product exports in Other Measuring Instruments (C$-299k or -97.5%), Insulated Wire (C$-206k or -99.6%), and Animal Food (C$-127k or -39.5%). In June 2024, the decrease in Canada's year-by-year imports  from Costa Rica was explained primarily by an decrease in product imports  in Rubber Tires (C$-681k or -33.5%), Vaccines, blood, antisera, toxins and cultures (C$-351k or -100%), and Fruit Juice (C$-249k or -75.2%).