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Costa Rica

Costa Rica ranked No. 44 in total trade value through February with a total of $1.74 billion. Exports totaled $1.01 billion and Imports totaled $730.35 million, a surplus of $275.16 million.

January – February 2019

Top Trading Ports

Total Trade: $1.74 billion

RankPortTotal YTD
1Miami International Airport $314,306,840
2Port of New Orleans $214,892,667
3Port Everglades, Fla. $185,612,521
4Port of Texas City, Texas $119,312,453
5Port Miami $111,356,734
6Port of Wilmington, Dela. $78,840,312
7Port of Houston $71,028,795
8Port of Philadelphia $57,537,709
9Port of Jacksonville, Fla. $57,099,033
10Port of Port Arthur, Texas $52,887,534

U.S. trade with Costa Rica rose to $1.74 billion through February

Costa Rica’s trade with the United States rose to $1.74 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.46 percent above its total trade during the same time period last year. Costa Rica’s exports increased 5.84 percent while imports rose 0.35 percent. The U.S. surplus with Costa Rica was $275.16 million.

Through February, 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 of Texas City, Texas; and No. 5 Port Miami. 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 54.47 percent of Costa Rica’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami International Airport rose 5.89 percent to $314.31 million.
    Exports rose 16.9 percent to $187.57 million. Imports fell 7.07 percent to $126.74 million.
  • Trade with No. 2 Port of New Orleans rose 16.33 percent to $214.89 million.
    Exports rose 22.11 percent to $116.06 million. Imports rose 10.21 percent to $98.83 million.
  • Trade with No. 3 Port Everglades, Fla. rose 25.25 percent to $185.61 million.
    Exports rose 11.66 percent to $85.93 million. Imports rose 39.93 percent to $99.68 million.
  • Trade with No. 4 Port of Texas City, Texas rose 71495 percent to $119.31 million.
    Exports rose 71495 percent to $119.31 million. There were no imports.
  • Trade with No. 5 Port Miami fell 25.61 percent to $111.36 million.
    Exports fell 2.81 percent to $100.1 million. Imports fell 75.91 percent to $11.25 million.

Costa Rica ranked No. 44 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 48.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Costa Rica by value through February were the categories of Gasoline, other fuels; Cell phones, related equipment; Medical instruments for surgeons, dentists, vets; Low value shipments; and Misc. uncoated kraft paper, paperboard, respectively. They accounted for 41.73 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 Rubber tires –– accounted for 60.3 percent of all inbound shipments.

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

  • Gasoline, other fuels rose 11.64 percent compared to last year to $229.63 million.
  • Cell phones, related equipment rose 77.63 percent compared to last year to $62.91 million.
  • Medical instruments for surgeons, dentists, vets rose 17.18 percent compared to last year to $59.8 million.
  • Low value shipments rose 3.82 percent compared to last year to $36.81 million.
  • Misc. uncoated kraft paper, paperboard rose 8.08 percent compared to last year to $30.41 million.

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

  • Medical instruments for surgeons, dentists, vets rose 6.7 percent compared to last year to $236.22 million.
  • Avocados, dates, figs, pineapples, etc. fell 0.67 percent compared to last year to $82.34 million.
  • Bananas and plantains, fresh or dried fell 21.26 percent compared to last year to $54.3 million.
  • Orthopedic appliances, artificial body parts fell 11.48 percent compared to last year to $47.21 million.
  • Rubber tires fell 2.21 percent compared to last year to $20.31 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.