What are the 4 major exports of Costa Rica?

What are the 4 major exports of Costa Rica?

Economy of Costa Rica

Statistics
Export goods bananas, pineapples, coffee, melons, ornamental plants, sugar; beef; seafood; electronic components, medical equipment
Main export partners United States 40.9% Belgium 6.3% Panama 5.6% Netherlands 5.6% Nicaragua 5.1% Guatemala 5% (2017)
Imports $15.15 billion (2017 est.)

What is Costa Rica number one export?

Costa Rica – Foreign trade Among Costa Rica’s major exports are coffee, bananas, sugar, cocoa, and cattle and meat products—all commodities vulnerable to world market prices. The major markets for Costa Rican exports are the US, the UK, Germany, Italy, Guatemala, El Salvador, Honduras, and Belgium.

What are the top 5 imports of Costa Rica?

Costa Rica’s main imports are fuel, electronics, pharmaceuticals and capital equipment. Costa Rica’s main import partner is the United States (52 percent of total imports). Other main partners are: China, Mexico, Japan and Panama.

What does Costa Rica export to the US?

The top export categories (2-digit HS) in 2019 were: mineral fuels ($1.4 billion), electrical machinery ($834 million), optical and medical instruments ($612 million), machinery ($533 million), and plastics ($480 million).

What products does Costa Rica specialize in?

Costa Rica’s main exports include:coffee, bananas, pineapples, melons, ornamental plants, sugar, corn, rice, beans, potatoes, dairy, seafood, poultry, beef, timber textiles, clothing, electronic components, microprocessors, food processing, medical equipment, construction materials, plastic products, fertilizer, and.

What does Costa Rica specialize in?

What is the most famous product from Costa Rica?

Nowadays, thanks to the rich volcanic soil, Costa Rica is well-known for its gourmet coffee beans with the famous TarrazĂș considered among the finest beans in the world. Along with bananas, coffee might just be the most famous Costa Rican export.

What are Costa Rica famous for?

Costa Rica is known for its incredible national parks, where tourists can enjoy some thrilling activities like river rafting, canyoning, cave tubing, and zip lining. It’s also one of the best places for animal lovers to discover some interesting wildlife like macaws, sea turtles, and adorable sloths.

What does Costa Rica produce?

The primary agriculture of Costa Rica is well diversified: coffee, bananas, shortcycle crops, cattle for beef and dairy, and forest plantations account for the vast majority of the use of the land. However, in terms of value of production per hectare, other crops are more important.

What food does Costa Rica export?

The main exports include: bananas, pineapples, coffee, sugar, rice, vegetables, tropical fruits, ornamental plants, corn, potatoes and palm oil. Almost 10% of Costa Rica’s land use is devoted to agriculture.

What are major imports and exports of Costa Rica?

The top exports of Costa Rica are Bananas ($1.75B), Tropical Fruits ($1.54B), Medical Instruments ($1.21B), Orthopedic Appliances ($802M) and Semiconductor Devices ($527M), using the 1992 revision of the HS ( Harmonized System ) classification. Its top imports are Refined Petroleum ($1.41B), Cars ($551M), Computers ($163M),…

What are Costa Rica’s imports and exports?

The total value of exports (FOB) is US$11,252 million.

  • The total value of imports (CIF) is US$16,563 million.
  • At the HS6 digit level,2,850 products are exported to 152 countries and 4,084 products are imported from 196 countries.
  • What is the current economic system of Costa Rica?

    The government is a democratic republic; the president of Costa Rica is the chief of state and head of government. Costa Rica has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation.

    What are the major industries in Costa Rica?

    Costa Rica is an agricultural country, although tourism and industry are being developed at a moderate pace. Industries include food processing and the manufacture of electronic components, textiles and clothing, construction materials, fertilizer, and plastics.

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