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Trade between Costa Rica and Guatemala

In 2024, Costa Rica exported $995 million to Guatemala and imported $641 million. Costa Rica ran a surplus of $354 million with Guatemala, compared with a surplus of $281 million in 2019. Guatemala was Costa Rica’s 5th largest trading partner (3% of its trade), and Costa Rica was Guatemala’s 6th (3%).

Summary

Costa Rica → Guatemala
$995million
Guatemala → Costa Rica
$641million
Costa Rica’s balance
$354million

Balance

Costa Rica’s trade balance with Guatemala

Trade between Costa Rica and Guatemala grew 8-fold since 1995

USD millions (current). Costa Rica’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 995
  • Imports 641
  • Balance +354

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$90 million$116 million-$26 million
1996$93 million$118 million-$25 million
1997$117 million$141 million-$24 million
1998$199 million$154 million$45 million
1999$155 million$147 million$9 million
2000$200 million$145 million$54 million
2001$261 million$157 million$104 million
2002$286 million$159 million$127 million
2003$301 million$167 million$135 million
2004$319 million$178 million$140 million
2005$264 million$209 million$55 million
2006$178 million$125 million$52 million
2007$402 million$264 million$138 million
2008$426 million$316 million$110 million
2009$312 million$241 million$71 million
2010$428 million$347 million$81 million
2011$458 million$455 million$3 million
2012$472 million$441 million$31 million
2013$517 million$411 million$106 million
2014$535 million$461 million$73 million
2015$617 million$420 million$196 million
2016$590 million$435 million$156 million
2017$605 million$440 million$164 million
2018$652 million$432 million$220 million
2019$691 million$410 million$281 million
2020$691 million$415 million$275 million
2021$761 million$515 million$247 million
2022$834 million$588 million$246 million
2023$845 million$623 million$222 million
2024$995 million$641 million$354 million

What they sell each other

What Costa Rica sells to Guatemala

The top 10 headings in 2024, with their share of the total.

  1. Other food preparations$204 million · 20.5%
    6 thousand tonnes
  2. Sauces and condiments$75 million · 7.5%
    29 thousand tonnes
  3. Blended cotton yarn$73 million · 7.3%
    15 thousand tonnes
  4. Cables and wire$43 million · 4.3%
    4 thousand tonnes
  5. Bread, biscuits and pastries$42 million · 4.2%
    16 thousand tonnes
  6. Toilet paper and tissues$35 million · 3.6%
    8 thousand tonnes
  7. Fresh milk and cream$29 million · 2.9%
    22 thousand tonnes
  8. Coated flat steel$28 million · 2.8%
    25 thousand tonnes
  9. Glass bottles and jars$23 million · 2.3%
    26 thousand tonnes
  10. Welded steel pipes$22 million · 2.2%
    21 thousand tonnes

What Guatemala sells to Costa Rica

The top 10 headings in 2024, with their share of the total.

  1. Toilet paper and tissues$47 million · 7.3%
    17 thousand tonnes
  2. Detergents and surfactants$37 million · 5.9%
    37 thousand tonnes
  3. 565 tonnes
  4. Plastic packaging$33 million · 5.1%
    14 thousand tonnes
  5. Bread, biscuits and pastries$30 million · 4.7%
    12 thousand tonnes
  6. Soap$28 million · 4.4%
    12 thousand tonnes
  7. Pesticides and herbicides$26 million · 4%
    6 thousand tonnes
  8. Plastic sheets and film$17 million · 2.7%
    6 thousand tonnes
  9. Natural rubber$17 million · 2.6%
    9 thousand tonnes
  10. Sauces and condiments$16 million · 2.4%
    6 thousand tonnes

How it travels

Estimated sea route from Golfito to Santo Tomás de Castilla.

The estimated sea route between Golfito and Santo Tomás de Castilla is 1,196 nautical miles (2,215 km) long: ≈ 3–3.5 days at sea (at 18 and 14 knots).

Passages it crosses: Panama Canal.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.6 billion · 94.8%
  2. Air$86 million · 5.2%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Guatemala was Costa Rica’s 5th largest trading partner (3% of its trade), and Costa Rica was Guatemala’s 6th (3%).

Guatemala in Costa Rica’s trade
3.2%
Guatemala’s rank among Costa Rica’s partners
5th
Costa Rica in Guatemala’s trade
3.4%
Costa Rica’s rank among Guatemala’s partners
6th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.