Costa Rica recorded a trade deficit of 404.20 USD Million in June of 2022. source: Central Bank of Costa Rica

Balance of Trade in Costa Rica averaged -275.97 USD Million from 1994 until 2022, reaching an all time high of 139.55 USD Million in April of 1999 and a record low of -668.70 USD Million in December of 2021. This page provides the latest reported value for - Costa Rica Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Costa Rica Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Balance of Trade in Costa Rica is expected to be -536.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Balance of Trade is projected to trend around -652.00 USD Million in 2023 and -678.00 USD Million in 2024, according to our econometric models.

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Costa Rica Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2022-06-21 10:00 PM May $-266.5M $-337.2M $-404M
2022-07-28 10:00 PM Jun $-404.2M $-266.5M $ -432M
2022-08-21 10:00 PM Jul $-404.2M $-499M

Related Last Previous Unit Reference
Balance of Trade -404.20 -266.50 USD Million Jun 2022
Current Account -897.80 -1199.10 USD Million Mar 2022
Exports 1363.10 1428.10 USD Million Jun 2022
Imports 1767.40 1694.60 USD Million Jun 2022
External Debt 33848.90 33023.70 USD Million Mar 2022
Capital Flows -719.50 1.09 USD Million Mar 2022
Foreign Direct Investment 853.60 635.40 USD Million Mar 2022

Costa Rica Balance of Trade
Costa Rica's lack of mineral resources makes the country reliant on imports of fuels (11 percent of total imports). As a result, the country has been registering trade deficits since 1995. Costa Rica´s main exports are: electronic components and medical equipment. Costa Rica´s main trading partner is the United States (37 percent of total exports and 52 percent of imports). Others include: Panama, Guatemala, China and Mexico.
Actual Previous Highest Lowest Dates Unit Frequency
-404.20 -266.50 139.55 -668.70 1994 - 2022 USD Million Monthly