What does Costa Rica export to other countries?

What products do Costa Rica export?

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 countries do Costa Rica export to?

Costa Rica trade balance, exports and imports by country

In 2019, Costa Rica major trading partner countries for exports were United States, Netherlands, Belgium, Guatemala and Panama and for imports they were United States, China, Mexico, Unspecified and Guatemala.

What is Costa Rica’s biggest export?

Today, the nation’s biggest export isn’t bananas. It’s not even coffee, or any tropical fruit. Costa Rica’s biggest export sector is medical instruments, which comprised 34% of the $11.7 billion in goods exported in 2020.

What products 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).

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What is the main product of Costa Rica?

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 goods does Costa Rica import?

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 are major imports and exports in Costa Rica?

Economy of Costa Rica

Statistics
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 is Costa Rica known for?

Costa Rica is known for its incredible national parks, where tourists can enjoy some thrilling activities like river rafting, canyoning, cave tubing, and zip lining. It’s also one of the best places for animal lovers to discover some interesting wildlife like macaws, sea turtles, and adorable sloths.

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).

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Why is Costa Rica important to international trade?

They noted that, although it was a major exporter of agricultural products, such as pineapples and bananas, Costa Rica had also become a significant exporter of manufactured goods, such as electrical equipment and parts, and that exports of services have continued to increase considerably in recent years.

What type of economy is Costa Rica?

Costa Rica has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation.

Why is Costa Rica so rich?

Known for its beaches, mountain ranges, volcanoes and varied wildlife, Costa Rica’s rich biodiversity makes it a popular destination for eco-tourists. Traditionally a producer of agricultural goods such as coffee and bananas, its economy has diversified and tourism now ranks as the country’s number one earner.

What resources does Costa Rica need?

Costa Rica’s agricultural land and climate are its most important natural resources. The country has few mineral resources. The most important are the yet-unexploited bauxite deposits in the General and Coto Brus valleys and copper in the Cordillera de Talamanca.

What foods are typically eaten in Costa Rica?

The 9 Most Popular Foods in Costa Rica

  1. Gallo Pinto. Gallo Pinto is a breakfast dish made of rice and beans (well that’s no surprise!). …
  2. Casado. The Casado is probably the most traditional dish in Costa Rican cuisine. …
  3. Tamal. …
  4. Arroz con Leche. …
  5. Sopa Negra (Black Bean Soup) …
  6. Olla de Carne. …
  7. Chifrijo. …
  8. Patacones.