Flag of cr

Costa Rica Net Trade (Goods & Services, BoP)

Costa Rica's net trade (goods & services, bop) rose to $6.31 billion in 2024, up from $5.27 billion in 2023, according to World Bank. This represents an increase of 19.7% ($1.04 billion) from the previous year. Costa Rica has net trade (goods & services, bop) higher than the global median ($6.31 billion vs median -$215.12 million). Compared with the median in Americas, Costa Rica is higher ($6.31 billion vs regional median -$131.64 million) and ranks 6th out of 39 countries in Americas.

Yearly Historical Data (1977-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 6.31
2023 5.27
2022 2.3
2021 1.67
2020 2.46
2019 2.48
2018 0.92
2017 0.39
2016 0.68
2015 0
2014 -0.79
2013 -1
2012 -1.36
2011 -1.19
2010 -0.42
2009 0.1
2008 -2.41
2007 -1.27
2006 -0.61
2005 -0.36
2004 -0.08
2003 -0.28
2002 -0.27
2001 0.08
2000 -0.05
1999 1.05
1998 -0.17
1997 -0.36
1996 -0.23
1995 -0.27
1994 -0.27
1993 -0.54
1992 -0.34
1991 -0.04
1990 -0.38
1989 -0.24
1988 -0.09
1987 -0.19
1986 0.04
1985 -0.07
1984 0.02
1983 -0.02
1982 0.07
1981 -0.13
1980 -0.47
1979 -0.43
1978 -0.27
1977 -0.17
Costa Rica Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Costa Rica, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $18.11B $15.32B 2023
Annual Imports $22.51B $21.14B 2023
Exports (% GDP) 38.53% 38.92% 2024
FDI Inflows (% GDP) 5.53% 5.42% 2024
Imports (% GDP) 32.8% 33.56% 2024
Tariff Rate 2.63% 2.77% 2022
Trade (% GDP) 71.33% 72.47% 2024