Costa Rica Import Data
The Republic of Costa Rica is another name for Costa Rica. It is a nation found in the heart of Central America. Several nations, including Ecuador, Panama, Nicaragua, and Cocos Island, about Costa Rica. The nation is likewise surrounded in the northeast by the Caribbean Sea. On the list of economies with the most complexity worldwide, Costa Rica is ranked 51st. According to Costa Rica trade data, Costa Rica ranked 79th out of 226 nations in terms of total imports. In today's globalized economy, trade plays a crucial role in the growth and development of nations. Keeping track of import data is essential for understanding a country's economic performance and identifying potential opportunities. Despite the challenges posed by the global pandemic, Costa Rica's imports have shown resilience, with a steady increase in the import value compared to previous years based on the Costa Rica trade statistics.
According to Costa Rica import data, Costa Rica imported goods worth a total of $24 billion in 2023. In comparison to the previous year, Costa Rica's imports of merchandise increased by 6% in 2023. Costa Rica has a total GDP of $96 billion, with a GDP import share of 35.12%. Costa Rica is a part of major trading blocs such as CAFTA, GATT, and WTO. Mineral fuels and oils are the biggest imports of Costa Rica, while the USA is Costa Rica’s biggest import partner according to Costa Rica shipment data. Let us now delve into the Costa Rica customs data and import data for the year 2023, shedding light on key import trends and insights.