Costa Rica´s main exports are electronic components (18 percent of total exports), medical equipment (7.3 percent), pineapples (7 percent) and bananas (6 percent). Costa Rica´s main export partner is the United States (37 percent of total exports).
What are the top 5 imports of Costa Rica?
Costa Rica’s main imports are fuel, electronics, pharmaceuticals and capital equipment. Costa Rica’s main import partner is the United States (52 percent of total imports). Other main partners are: China, Mexico, Japan and Panama.
What does Costa Rica produce the most?
Coffee is still the single most important crop in terms of land use (109 000 ha) and value of production, with a large number of small producers depending on it. The second most important land user is rice (68 000 ha) followed by bananas (48 000 ha) and sugar cane (56 000 ha).
What does Costa Rica export to the US?
The top export categories (2-digit HS) in 2019 were: mineral fuels ($1.4 billion), electrical machinery ($834 million), optical and medical instruments ($612 million), machinery ($533 million), and plastics ($480 million).
What are major imports and exports in Costa Rica?
Economy of Costa Rica
|Export goods||bananas, pineapples, coffee, melons, ornamental plants, sugar; beef; seafood; electronic components, medical equipment|
|Main export partners||United States 40.9% Belgium 6.3% Panama 5.6% Netherlands 5.6% Nicaragua 5.1% Guatemala 5% (2017)|
|Imports||$15.15 billion (2017 est.)|
What products are Costa Rica known for?
Nowadays, thanks to the rich volcanic soil, Costa Rica is well-known for its gourmet coffee beans with the famous Tarrazú considered among the finest beans in the world. Along with bananas, coffee might just be the most famous Costa Rican export.
What are the 4 main agricultural exports of Costa Rica?
Depending upon location and altitude, many regions differ in agricultural crops and techniques. The main exports include: bananas, pineapples, coffee, sugar, rice, vegetables, tropical fruits, ornamental plants, corn, potatoes and palm oil. Almost 10% of Costa Rica’s land use is devoted to agriculture.
What does Costa Rica produce and export?
Costa Rica’s main exports include:coffee, bananas, pineapples, melons, ornamental plants, sugar, corn, rice, beans, potatoes, dairy, seafood, poultry, beef, timber textiles, clothing, electronic components, microprocessors, food processing, medical equipment, construction materials, plastic products, fertilizer, and, …
What economy does Costa Rica have?
Costa Rica has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation.
What resources does Costa Rica export?
Costa Rica – Foreign trade
Among Costa Rica’s major exports are coffee, bananas, sugar, cocoa, and cattle and meat products—all commodities vulnerable to world market prices. The major markets for Costa Rican exports are the US, the UK, Germany, Italy, Guatemala, El Salvador, Honduras, and Belgium.
What does Costa Rica import from the US?
U.S. exports to Costa Rica include petroleum products, electrical machinery, optical and medical instruments, machinery, and plastics. U.S. imports from Costa Rica include medical devices, pineapples, bananas, and coffee.
Does Costa Rica export or import more?
Overview In 2019 Costa Rica was the number 77 economy in the world in terms of GDP (current US$), the number 84 in total exports, the number 87 in total imports, the number 63 economy in terms of GDP per capita (current US$) and the number 53 most complex economy according to the Economic Complexity Index (ECI).