Trade Resources Economy Brief Report of Costa Rica's Trade in June 2016

Brief Report of Costa Rica's Trade in June 2016

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Brief Report of Costa Rica’s Trade in June 2016According to the statistics of Statistic Bureau in Costa Rica, its volume of goods trade was USD12.67 billion from January to June in 2016, up 2.7% year-on-year (the same below). Exports grew by 3.5% to USD5.06 billion, and imports grew by 2.1% to USD7.61 billion. The trade deficit was USD2.55 billion, down 0.6%.

In June, Costa Rica’s volume of goods trade grew by 2.7% to USD2.16 billion. Exports grew by 1.9% to USD0.86 billion and imports grew by 3.3% to USD1.3 billion. And the trade deficit grew by 6.2% to USD0.44 billion.

Since January to June, bilateral trade volume between Costa Rica and China fell by 1.1% to USD0.94 billion. Costa Rica’s exports to China fell by 19.3% to USD36.03 thousand. It accounted for 0.7% of Costa Rica’s overall export, down 0.2%. And Costa Rica’s imports from China fell by 0.5% to USD0.9 billion. It accounted for 11.9% of Costa Rica’s overall imports, down 0.3% over the previous year. Costa Rica’s trade deficit with China was barely changed from last year to USD0.86 billion.

China was the 21st export market of Costa Rica and its second largest source of imports just after the U.S. up to the end of June in 2016.

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