2022
Exports
$24.6MWorld Rnk 58 / 195
Flag Rnk 78 / 1045
2022
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.72Rnk 763 / 1025
2022
Imports
$34.8MWorld Rnk 69 / 224
Flag Rnk 124 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $24.6M in Confectionery Sugar, making it the 58th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 78th most exported product in Costa Rica. The main destination of Confectionery Sugar exports from Costa Rica are: Guatemala ($6.52M), Honduras ($4.27M), United States ($2.82M), El Salvador ($2.76M), and Nicaragua ($2.69M).

The fastest growing export markets for Confectionery Sugar of Costa Rica between 2021 and 2022 were Honduras ($357k), Dominican Republic ($287k), and Jamaica ($228k).

Imports In 2022, Costa Rica imported $34.8M in Confectionery Sugar, becoming the 69th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 124th most imported product in Costa Rica. Costa Rica imports Confectionery Sugar primarily from: Colombia ($10.1M), Guatemala ($7.74M), United States ($3.91M), El Salvador ($3.63M), and Mexico ($3.32M).

The fastest growing import markets in Confectionery Sugar for Costa Rica between 2021 and 2022 were Colombia ($2.53M), Guatemala ($1.87M), and El Salvador ($554k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Confectionery Sugar. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24.6M
IMPORTS (2022)$34.8M
NET TRADE (2022)-$10.2M

In 2022, Costa Rica exported $24.6M in Confectionery Sugar. The main destinations of Costa Rica exports on Confectionery Sugar were Guatemala ($6.52M), Honduras ($4.27M), United States ($2.82M), El Salvador ($2.76M), and Nicaragua ($2.69M).

In 2022, Costa Rica imported $34.8M in Confectionery Sugar, mainly from Colombia ($10.1M), Guatemala ($7.74M), United States ($3.91M), El Salvador ($3.63M), and Mexico ($3.32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Honduras$357k (9.13%)
Jamaica$228k (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Costa Rica WERE (2021 - 2022):
Guatemala-$454k (-6.5%)
Mexico-$339k (-29.9%)
Colombia-$333k (-58.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Costa Rica's main importing competitors in Confectionery Sugar were:

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.14M
TOP IMPORT POTENTIALMexico+ $1.59M

Confectionery Sugar’s highest export potential is United States. With an export gap of $3.14M.   Confectionery Sugar’s highest import potential is Mexico with an import gap of $1.59M.

See methodology.

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