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Trade between Costa Rica and Mexico

In 2024, Costa Rica exported $1.3 billion to Mexico and imported $1.5 billion. Costa Rica ran a deficit of $172 million with Mexico, compared with a deficit of $807 million in 2019. Mexico was Costa Rica’s 3rd largest trading partner (5% of its trade), and Costa Rica was Mexico’s 31st (0.2%).

Summary

Costa Rica → Mexico
$1.3billion
Mexico → Costa Rica
$1.5billion
Costa Rica’s balance
-$172million

Balance

Costa Rica’s trade balance with Mexico

Trade between Costa Rica and Mexico grew 12.9-fold since 1995

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

  • Exports 1.3
  • Imports 1.5
  • Balance -0.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$21 million$195 million-$174 million
1996$61 million$279 million-$218 million
1997$83 million$293 million-$210 million
1998$88 million$350 million-$263 million
1999$135 million$351 million-$215 million
2000$120 million$412 million-$292 million
2001$171 million$417 million-$246 million
2002$305 million$389 million-$85 million
2003$377 million$388 million-$12 million
2004$633 million$446 million$187 million
2005$604 million$447 million$158 million
2006$550 million$596 million-$46 million
2007$419 million$775 million-$357 million
2008$567 million$1 billion-$475 million
2009$657 million$573 million$84 million
2010$1.2 billion$905 million$298 million
2011$452 million$1.2 billion-$753 million
2012$2 billion$1.2 billion$834 million
2013$1.9 billion$1.1 billion$775 million
2014$311 million$1.1 billion-$818 million
2015$428 million$1.1 billion-$720 million
2016$326 million$1 billion-$724 million
2017$367 million$1.2 billion-$788 million
2018$368 million$1.2 billion-$818 million
2019$297 million$1.1 billion-$807 million
2020$662 million$992 million-$330 million
2021$500 million$1.2 billion-$674 million
2022$571 million$1.3 billion-$718 million
2023$902 million$1.4 billion-$516 million
2024$1.3 billion$1.5 billion-$172 million

What they sell each other

What Costa Rica sells to Mexico

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

  1. Microchips$869 million · 66.3%
    16 tonnes · Costa Rica’s destinations
  2. 47 tonnes
  3. Palm oil$53 million · 4.1%
    65 thousand tonnes
  4. Other food preparations$42 million · 3.2%
    2 thousand tonnes
  5. Fragrance mixtures$34 million · 2.6%
    491 tonnes
  6. 105 tonnes · Costa Rica’s destinations
  7. 47 tonnes
  8. Other plastic articles$13 million · 1%
    378 tonnes
  9. 510 tonnes
  10. Other rubber articles$11 million · 0.83%
    2 thousand tonnes

What Mexico sells to Costa Rica

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

  1. Trucks$92 million · 6.2%
    7 thousand tonnes · Mexico’s destinations
  2. Cables and wire$47 million · 3.2%
    5 thousand tonnes · Mexico’s destinations
  3. 5 thousand tonnes · Mexico’s destinations
  4. Pet and animal feed$43 million · 2.9%
    23 thousand tonnes
  5. Cars$40 million · 2.7%
    3 thousand tonnes · Mexico’s destinations
  6. Monitors and projectors$39 million · 2.6%
    2 thousand tonnes · Mexico’s destinations
  7. 2 thousand tonnes · Mexico’s destinations
  8. Soft drinks$37 million · 2.5%
    20 thousand tonnes
  9. Other food preparations$35 million · 2.4%
    5 thousand tonnes
  10. Toilet paper and tissues$31 million · 2.1%
    9 thousand tonnes

How it travels

Estimated sea route from Golfito to Manzanillo.

The estimated sea route between Golfito and Manzanillo is 1,462 nautical miles (2,708 km) long: ≈ 3.5–4.5 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

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 · 57.5%
  2. Air$1.2 billion · 42.5%

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

How much each matters to the other

Mexico was Costa Rica’s 3rd largest trading partner (5% of its trade), and Costa Rica was Mexico’s 31st (0.2%).

Mexico in Costa Rica’s trade
5.5%
Mexico’s rank among Costa Rica’s partners
3rd
Costa Rica in Mexico’s trade
0.2%
Costa Rica’s rank among Mexico’s partners
31st

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.