Balance of Trade In Goods and Services (Local Currency) rose 70.0% to CRC 140 bil in Costa Rica in 2017

Balance of Trade In Goods and Services (Local Currency) (CRC bil)
Economy | Costa Rica | May 18, 2019
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Balance of trade in goods and services reached 140 CRC bil in 2017 in Costa Rica, according to the National Statistical Office. This is 70 % more than in the previous year.

Historically, balance of trade in goods and services in Costa Rica reached an all time high of 140 CRC bil in 2017 and an all time low of -1,425 CRC bil in 2008. When compared to Costa Rica's main peers, balance of trade in goods and services in Guatemala amounted to -44.8 GTQ bil, -82.5 HNL bil in Honduras, -58.9 NIO bil in Nicaragua and -1.90 PAB bil in Panama in 2017.

Costa Rica has been ranked 27th within the group of 163 countries we follow in terms of balance of trade in goods and services, 133 places above the position seen 10 years ago.

The external balance of trade in goods and services (formerly the resource balance) equals exports of goods and services minus imports of goods and services (previously non-factor services).

Balance of Trade In Goods and Services (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Belize BZD bil -0.050 0.020 -0.039 -0.098 -0.257
Colombia COP bil -5,679 -8,083 -12,951 -32,179 -56,814
Costa Rica CRC bil -799 -889 -734 -690 -254
El Salvador SVC bil -4.32 -4.39 -4.68 -4.36 -4.20
Guatemala GTQ bil -39.8 -44.4 -47.0 -47.2 -43.9
Honduras HNL bil -66.0 -70.0 -76.9 -74.0 -78.0
Mexico MXN bil -205 -196 -188 -206 -378
Nicaragua NIO bil -47.8 -50.2 -55.8 -51.4 -63.1
Panama PAB bil -2.09 -3.10 -3.33 -4.18 -2.47
USA UYU bil -579 -569 -491 -508 -521