Export of Goods Value from Costa Rica (1990-2023)

Export of Goods Value from Costa Rica (1990-2023)

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TGM StatBox. (2024). Export of Goods Value from Costa Rica (1990-2023). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Costa Rica
Published date: 2024
Note: Merchandise exports by product group – annual (Million US dollars), as defined by the World Trade Organization (WTO), measures the total value of goods exported from a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
Costa Rica’s export value saw robust growth, rising from $1.4 billion in 1990 to $9.3 billion in 2007, driven by agricultural products like bananas and coffee, alongside burgeoning electronics exports. The economic downturn in 2009 led to a drop to $8.7 billion but was followed by recovery, reaching $11.4 billion by 2012 due to diversification into medical equipment and high-value goods.

A remarkable increase occurred post-2020, with export values surging to $19 billion in 2023. This growth aligns with the country’s focus on sustainable products and high-tech manufacturing, cementing its reputation as a competitive exporter in niche markets.

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