2022
Exports
$5.57MWorld Rnk 70 / 167
Flag Rnk 179 / 1045
2022
PRODUCT COMPLEXITY IN Wheat Flours
-1.56Rnk 954 / 1025
2022
Imports
$3.01MWorld Rnk 146 / 222
Flag Rnk 541 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $5.57M in Wheat Flours, making it the 70th largest exporter of Wheat Flours in the world. At the same year, Wheat Flours was the 179th most exported product in Costa Rica. The main destination of Wheat Flours exports from Costa Rica are: Nicaragua ($4.57M), Panama ($1M), Bahamas ($555), Dominican Republic ($41), and United States ($15).

The fastest growing export markets for Wheat Flours of Costa Rica between 2021 and 2022 were Panama ($768k), Nicaragua ($396k), and Bahamas ($555).

Imports In 2022, Costa Rica imported $3.01M in Wheat Flours, becoming the 146th largest importer of Wheat Flours in the world. At the same year, Wheat Flours was the 541st most imported product in Costa Rica. Costa Rica imports Wheat Flours primarily from: Nicaragua ($2.58M), United States ($159k), Turkey ($144k), Italy ($109k), and Guatemala ($11.3k).

The fastest growing import markets in Wheat Flours for Costa Rica between 2021 and 2022 were Italy ($39.2k), Nicaragua ($7.41k), and Canada ($4.83k).

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 Wheat Flours. 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)$5.57M
IMPORTS (2022)$3.01M
NET TRADE (2022)$2.57M

In 2022, Costa Rica exported $5.57M in Wheat Flours. The main destinations of Costa Rica exports on Wheat Flours were Nicaragua ($4.57M), Panama ($1M), Bahamas ($555), Dominican Republic ($41), and United States ($15).

In 2022, Costa Rica imported $3.01M in Wheat Flours, mainly from Nicaragua ($2.58M), United States ($159k), Turkey ($144k), Italy ($109k), and Guatemala ($11.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat Flours EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Panama$768k (324%)
Nicaragua$396k (9.49%)
Bahamas$555 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat Flours BY Costa Rica WERE (2021 - 2022):
El Salvador-$515 (-100%)
United States-$227 (-93.8%)
Guatemala-$87 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Wheat Flours were:
In 2022, Costa Rica's main importing competitors in Wheat Flours were:

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Trade Value of Wheat Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.57k
TOP IMPORT POTENTIALTurkey+ $165k

Wheat Flours’s highest export potential is United States. With an export gap of $2.57k.   Wheat Flours’s highest import potential is Turkey with an import gap of $165k.

See methodology.

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