Costa Rica Export Data - Global Tradedata | Tendata

tendata blogTrade Data

ten data blog05-12-2023

Costa Rica's merchandise exports totaled $15.3 billion in 2022. Costa Rica Merchandise Exports are up 6.79% from 2021 exports of $14.3 billion.

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The latest Tendata iTrader data shows that Costa Rica's top 10 exports, based on the 2-digit HS code, are:

· 90 (37.0%, 5.73 billion):Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories

· 08 (14.5%, 2.22 billion):Edible fruit and nuts; peel of citrus fruit or melons

· 21 (5.73%, 878 billion):Miscellaneous edible preparations

· 85 (4.27%, 655 billion):Electrical machinery and equipment and parts

· 39 (3.04%, 466 billion):Plastics and articles

· 20 (2.88%, 442 billion):Preparations of vegetables, fruit, nuts or other parts of plants

· 09 (2.49%, 381 billion):Coffee, tea, matt and spices

· 40 (2.15%, 329 billion):Rubber and articles

· 30 (2.13%, 327 billion):Pharmaceutical products

· 15 (2.10%, 322 billion):Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes

When you need to analyze the market for the Costa Rica industry, you can find the latest Costa Rica Export Data in Tendata's import/export database by product name or 2-digit HS code.

According to Tendata iTrader's more granular 4-digit HS codes, the top 10 Costa Rica exports (by subcategory) are:

· 9018 (28.0%, $4.3 billion):Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electro-medical apparatus and sight-testing instruments

· 9021 (7.75%, $1.18 billion):Orthopaedic appliances, including crutches, surgical belts and trusses; splints and other fracture appliances; artificial parts of the body; hearing aids and other appliances which are worn or carried, or implanted in the body, to compensate for a defect or disability

· 0804 (6.81%, $1.04 billion):Dates, figs, pineapples, avocados, guavas, mangoes and mangosteens, fresh or dried

· 0803 (6.64%, $1.01 billion):Bananas, including plantains, fresh or dried

· 2106 (4.85%, $743 billion):Food preparations not elsewhere specified or included

· 0901 (2.45%, $376 billion):Coffee

· 8544 (1.59%, $243 billion):Insulated wire, cable and other insulated electric conductors, whether or not fitted with connectors

· 2009 (1.58%, $242 billion):Fruit or nut juices and vegetable juices, unfermented, not containing added spirit

· 4011 (1.50%, $231 billion):New pneumatic tyres, of rubber

· 1511 (1.48%, $227 billion):Palm oil and its fractions

When you need to check potential Costa Rica customers for your products, you can find the latest Costa Rica Export Data in Tendata's import/export database by following the 4-digit HS code.

The latest Tendata iTrader data shows that Costa Rica's main export partners are:

1. USA (43%, 6.7 billion US$)

2. Netherlands (7.72%, 1.18 billion US$)

3. Guatemala (5.32%, 815 million US$)

4. Belgium (5.17%, 792 million US$)

5. Nicaragua (3.87%, 593 million US$)

6. Panama (3.84%, 588 million US$)

7. Honduras (3.37%, 517 million US$)

8. El Salvador (2.51%, 385 million US$)

9. Mexico (2.27%, 348 million US$)

10. China (2.24%, 344 million US$)

When you want to find out if your country cooperates with Costa Rica, you can search Tendata's import/export database for the latest Costa Rica Export Data by country name.

Customs data contains a vast amount of information, and extracting relevant customer contact information can be time-consuming. Is the outcome truly unsatisfactory, or is it due to using customs data in the wrong way, resulting in wasted effort and time?

Utilizing customs data for customer development involves accurately profiling all purchasers and their procurement systems in the target market. This approach swiftly identifies the highest compatibility customers, assesses their credit systems and procurement details, pinpoints premium customers and profit potential, enhances development efficiency, and elevates results. When developing new clients using customs data, consider the following three approaches for reference. (>>>Click to Get Free Access to Customs Data from 80+ Countries<<<)

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1. Establishing a Customer Resource Repository by Country

Creating a customer resource repository is akin to your own work record sheet. Begin by utilizing trade tracking functionality to compile a list of all customers from a particular country. Next, perform specific analyses based on factors such as each purchaser's procurement volume, purchase cycle, product specifications, and supplier systems (with emphasis on examining the diversity or singularity of their supply channels; preferably retaining customers with diversified suppliers, as those relying on a single supply channel may be harder to develop). Lastly, filter out the potential high-quality customers constituting 30% of this country's total, and record them in your customer resource repository, allowing flexible categorization by country, time, customer name, follow-up steps, contact numbers, emails, and contacts. (>>>Click to Start Developing Customers for Free<<<)

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2. Creating a Customer Resource Repository by Peer Companies

Have a solid understanding of peer companies' English names (including full names, abbreviations, etc.). Utilize the global networking capability of suppliers to generate a list of all clients associated with peer companies within the system. Following this, perform essential analyses on these clients based on factors like procurement volume, procurement cycle, product models, and others. Ultimately, identify and record the key customers of your targeted peer companies in your customer resource repository.(>>>Click to Start Developing Customers for Free<<<)

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3. Cataloging New Customers from Each Country

For newly emerging customers from specific countries, use the trade search function to select the country, set the date range and limit product names or customs codes. Check "Newest," and the search results will display high-quality customers that emerged most recently in that country within the designated timeframe. Since these customers are newly established, with recent procurement transactions, their supplier stability might be unsteady. Therefore, prioritize following up with these new potential buyers. Lastly, record all these new prospects in your customer resource repository.、(>>>Click to Start Developing Customers for Free<<<)

All three strategies for utilizing customs data to develop customers can be tailored to your company's actual needs. Depending on market conditions, industry specifics, strategic requirements, etc., find the approach that suits you best, with the sole aim of classifying and organizing your premium customers. Once you've found suitable customers, the next step is to contact them precisely, employing various methods such as phone calls, emails, and online chats.

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