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Costa Rica

Costa Rica ranked No. 42 in total trade value through August with a total of $7.49 billion. Exports totaled $4.08 billion and Imports totaled $3.41 billion, a surplus of $668.52 million.

January – August 2019

Top Trading Ports

Total Trade: $7.49 billion

RankPortTotal YTD
1Miami International Airport $1,322,372,198
2Port of New Orleans $980,214,866
3Port Everglades, Fla. $758,946,471
4Port Miami $471,895,283
5Port of Houston $427,352,641
6Port of Wilmington, Dela. $339,725,142
7Port of Texas City, Texas $334,841,368
8Port of Jacksonville, Fla. $275,099,095
9Port of New York $251,097,692
10Port of Philadelphia $238,771,302

U.S. trade with Costa Rica rose to $7.49 billion through August

Costa Rica’s trade with the United States rose to $7.49 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.21 percent above its total trade during the same time period last year. U.S. exports to Costa Rica decreased 1.73 percent while U.S. imports from Costa Rica rose 4.96 percent. The U.S. surplus with Costa Rica was $668.52 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Miami International Airport; No. 2 Port of New Orleans; No. 3 Port Everglades, Fla.; No. 4 Port Miami; and No. 5 Port of Houston. During the same period the previous year, the top five were No. 1 Miami International Airport No. 2 Port of New Orleans No. 3 Port of Corpus Christi, Texas No. 4 Port Miami and No. 5 Port Everglades, Fla.. In the current time period, the top five accounted for 52.89 percent of Costa Rica’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami International Airport rose 11.75 percent to $1.32 billion.
    Exports rose 7.1 percent to $712 million. Imports rose 17.71 percent to $610.37 million.
  • Trade with No. 2 Port of New Orleans rose 26.62 percent to $980.21 million.
    Exports rose 36.12 percent to $520.09 million. Imports rose 17.37 percent to $460.12 million.
  • Trade with No. 3 Port Everglades, Fla. rose 28.65 percent to $758.95 million.
    Exports rose 3.93 percent to $387.46 million. Imports rose 71.1 percent to $371.49 million.
  • Trade with No. 4 Port Miami fell 29.67 percent to $471.9 million.
    Exports fell 2.25 percent to $442.5 million. Imports fell 86.54 percent to $29.4 million.
  • Trade with No. 5 Port of Houston rose 17.12 percent to $427.35 million.
    Exports rose 28.53 percent to $251.59 million. Imports rose 3.91 percent to $175.77 million.

Costa Rica ranked No. 42 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 45.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Costa Rica by value through August were the categories of Gasoline, other fuels; Medical instruments for surgeons, dentists, vets; Cell phones, related equipment; Low value shipments; and Corn, respectively. They accounted for 36.38 percent of total exports to Costa Rica.

The value of the top five categories of U.S. imports from Costa Rica –– Medical instruments for surgeons, dentists, vets; Avocados, dates, figs, pineapples, etc.; Bananas and plantains, fresh or dried; Orthopedic appliances, artificial body parts; and Coffee –– accounted for 60.93 percent of all inbound shipments.

Looking more closely at U.S. exports to Costa Rica:

  • Gasoline, other fuels fell 15.2 percent compared to last year to $780.43 million.
  • Medical instruments for surgeons, dentists, vets rose 8.79 percent compared to last year to $251.22 million.
  • Cell phones, related equipment rose 19.54 percent compared to last year to $195.1 million.
  • Low value shipments fell 3.16 percent compared to last year to $149.83 million.
  • Corn rose 3.41 percent compared to last year to $107.29 million.

Looking more closely at U.S. imports from Costa Rica:

  • Medical instruments for surgeons, dentists, vets rose 7.26 percent compared to last year to $1.09 billion.
  • Avocados, dates, figs, pineapples, etc. fell 6.9 percent compared to last year to $354.94 million.
  • Bananas and plantains, fresh or dried fell 10.45 percent compared to last year to $260.44 million.
  • Orthopedic appliances, artificial body parts rose 13.02 percent compared to last year to $239.32 million.
  • Coffee fell 12.4 percent compared to last year to $132.31 million.

In the latest annual figures available, Costa Rica recorded $10.8 billion in trade with the United States. At year’s end, its were Miami; New Orleans; Houston; Philadelphia; and Los Angeles. Total U.S. exports to Costa Rica were $ 6.23 billion and imports from Costa Rica were $4.56 billion. The U.S. surplus with Costa Rica was $1.67 billion.