Costa Rica recorded a trade deficit of 385.50 USD Million in May of 2019. Balance of Trade in Costa Rica averaged -279.48 USD Million from 1995 until 2019, reaching an all time high of 139.60 USD Million in April of 1999 and a record low of -661.40 USD Million in October of 2012.

Balance of Trade in Costa Rica is expected to be -428.16 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Costa Rica to stand at -428.73 in 12 months time. In the long-term, the Costa Rica Balance of Trade is projected to trend around -429.84 USD Million in 2020, according to our econometric models.

Costa Rica Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-21 09:00 PM Balance of Trade Feb $-280.6M $-526.9M $-320M
2019-04-23 02:30 PM Balance of Trade Mar $-445.1M $-296.5M $-450M
2019-05-21 10:00 PM Balance of Trade Apr $-362.4M $-419.2M $-290M
2019-06-21 10:00 PM Balance of Trade May $-385.5M $-362.4M $-400M
2019-07-22 09:00 PM Balance of Trade Jul $-385.5M $-350M
2019-08-21 09:00 PM Balance of Trade Jun $-438M
2019-09-23 10:00 PM Balance of Trade Aug


Costa Rica Trade Last Previous Highest Lowest Unit
Balance of Trade -385.50 -362.40 139.60 -661.40 USD Million [+]
Current Account -171.60 -863.70 101.80 -998.50 USD Million [+]
Current Account to GDP -3.10 -3.10 -1.05 -15.59 percent [+]
Imports 1430.40 1308.90 1557.50 280.50 USD Million [+]
Exports 1045.00 946.50 1063.70 235.50 USD Million [+]
External Debt 29194.80 28689.90 29194.80 4464.80 USD Million [+]
Capital Flows -807.20 -1156.10 334.50 -2431.20 USD Million [+]
Remittances 111.48 46.06 111.48 3.07 USD Million [+]
Gold Reserves 0.00 0.00 0.12 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Foreign Direct Investment 383.70 1187.30 1187.30 82.60 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-385.50 -362.40 139.60 -661.40 1995 - 2019 USD Million Monthly




Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan 589.46 Jun/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 2447.29 Jun/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 3251.00 Jun/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19


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