2022
Exports
$41.1MWorld Rnk 54 / 159
Flag Rnk 50 / 1045
2022
PRODUCT COMPLEXITY IN Mixed Mineral or Chemical Fertilizers
-1Rnk 840 / 1025
2022
Imports
$95.1MWorld Rnk 68 / 218
Flag Rnk 42 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $41.1M in Mixed Mineral or Chemical Fertilizers, making it the 54th largest exporter of Mixed Mineral or Chemical Fertilizers in the world. At the same year, Mixed Mineral or Chemical Fertilizers was the 50th most exported product in Costa Rica. The main destination of Mixed Mineral or Chemical Fertilizers exports from Costa Rica are: Panama ($19.6M), Nicaragua ($9.91M), Guatemala ($2.88M), Honduras ($2.57M), and Ecuador ($1.19M).

The fastest growing export markets for Mixed Mineral or Chemical Fertilizers of Costa Rica between 2021 and 2022 were Nicaragua ($3.59M), Honduras ($1.94M), and Guatemala ($1.24M).

Imports In 2022, Costa Rica imported $95.1M in Mixed Mineral or Chemical Fertilizers, becoming the 68th largest importer of Mixed Mineral or Chemical Fertilizers in the world. At the same year, Mixed Mineral or Chemical Fertilizers was the 42nd most imported product in Costa Rica. Costa Rica imports Mixed Mineral or Chemical Fertilizers primarily from: Norway ($26.2M), Russia ($11.2M), United States ($9.87M), China ($8.15M), and Spain ($6.95M).

The fastest growing import markets in Mixed Mineral or Chemical Fertilizers for Costa Rica between 2021 and 2022 were Norway ($10.9M), United States ($6.44M), and Finland ($3.11M).

COMPANIES In 2023, leading companies such as Chestnut Hill Farms (2) and Goya Foods (1) were at the forefront of shipping Mixed Mineral or Chemical Fertilizers from Costa Rica to the United States.

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 Mixed Mineral or Chemical Fertilizers. 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)$41.1M
IMPORTS (2022)$95.1M
NET TRADE (2022)-$53.9M

In 2022, Costa Rica exported $41.1M in Mixed Mineral or Chemical Fertilizers. The main destinations of Costa Rica exports on Mixed Mineral or Chemical Fertilizers were Panama ($19.6M), Nicaragua ($9.91M), Guatemala ($2.88M), Honduras ($2.57M), and Ecuador ($1.19M).

In 2022, Costa Rica imported $95.1M in Mixed Mineral or Chemical Fertilizers, mainly from Norway ($26.2M), Russia ($11.2M), United States ($9.87M), China ($8.15M), and Spain ($6.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mixed Mineral or Chemical Fertilizers EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Nicaragua$3.59M (56.7%)
Honduras$1.94M (308%)
Guatemala$1.24M (75.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mixed Mineral or Chemical Fertilizers BY Costa Rica WERE (2021 - 2022):
Costa Rica-$334k (-99.9%)
Belize-$138k (-64%)
Jamaica-$109k (-23.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Mixed Mineral or Chemical Fertilizers were:
Russia $7.45B
Morocco $7.06B
China $6.29B
In 2022, Costa Rica's main importing competitors in Mixed Mineral or Chemical Fertilizers were:

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Trade Value of Mixed Mineral or Chemical Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $1.62M
TOP IMPORT POTENTIALRussia+ $4.42M

Mixed Mineral or Chemical Fertilizers’s highest export potential is Brazil. With an export gap of $1.62M.   Mixed Mineral or Chemical Fertilizers’s highest import potential is Russia with an import gap of $4.42M.

See methodology.

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