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Costa Rica

Costa Rica ranked No. 42 in total trade value through March with a total of $2.76 billion. Exports totaled $1.61 billion and Imports totaled $1.15 billion, a surplus of $458.82 million.

January – March 2019

Top Trading Ports

Total Trade: $2.76 billion

RankPortTotal YTD
1Miami International Airport $491,832,479
2Port of New Orleans $344,002,432
3Port Everglades, Fla. $294,195,464
4Port of Texas City, Texas $192,220,904
5Port Miami $177,274,822
6Port of Houston $122,991,020
7Port of Wilmington, Dela. $122,533,303
8Port of Jacksonville, Fla. $93,503,133
9Port of Philadelphia $82,886,022
10Port of Port Arthur, Texas $73,178,964

U.S. trade with Costa Rica rose to $2.76 billion through March

Costa Rica’s trade with the United States rose to $2.76 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.77 percent above its total trade during the same time period last year. Costa Rica’s exports increased 8.27 percent while imports rose 0.24 percent. The U.S. surplus with Costa Rica was $458.82 million.

Through March, 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 Corpus Christi, Texas No. 3 Port of New Orleans No. 4 Port Miami and No. 5 Port Everglades, Fla.. In the current time period, the top five accounted for 54.41 percent of Costa Rica’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami International Airport rose 4.22 percent to $491.83 million.
    Exports rose 17.81 percent to $291.48 million. Imports fell 10.75 percent to $200.35 million.
  • Trade with No. 2 Port of New Orleans rose 32.74 percent to $344 million.
    Exports rose 45.39 percent to $193.02 million. Imports rose 19.45 percent to $150.99 million.
  • Trade with No. 3 Port Everglades, Fla. rose 30.79 percent to $294.2 million.
    Exports rose 12.26 percent to $148.98 million. Imports rose 57.47 percent to $145.22 million.
  • Trade with No. 4 Port of Texas City, Texas rose 115244 percent to $192.22 million.
    Exports rose 115244 percent to $192.22 million. There were no imports.
  • Trade with No. 5 Port Miami fell 26.92 percent to $177.27 million.
    Exports fell 4.91 percent to $161.57 million. Imports fell 78.39 percent to $15.71 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. 46.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Costa Rica by value through March 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 39.32 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 59.76 percent of all inbound shipments.

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

  • Gasoline, other fuels rose 9.19 percent compared to last year to $347.12 million.
  • Medical instruments for surgeons, dentists, vets rose 27.73 percent compared to last year to $97.1 million.
  • Cell phones, related equipment rose 51.61 percent compared to last year to $84.76 million.
  • Low value shipments rose 5.91 percent compared to last year to $58.86 million.
  • Corn rose 51 percent compared to last year to $44.16 million.

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

  • Medical instruments for surgeons, dentists, vets rose 4.49 percent compared to last year to $365.93 million.
  • Avocados, dates, figs, pineapples, etc. fell 5.08 percent compared to last year to $125.47 million.
  • Bananas and plantains, fresh or dried fell 19.18 percent compared to last year to $82.55 million.
  • Orthopedic appliances, artificial body parts fell 8.02 percent compared to last year to $78.84 million.
  • Coffee fell 20.47 percent compared to last year to $33.63 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.