International Merchandise Trade Statistics: Imports: Commodities for Costa Rica
CRIXTIMVA01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.31
Year-over-Year Change
10.54%
Date Range
1/1/1996 - 5/1/2025
Summary
This economic trend measures Costa Rica's imports of goods and commodities. It is a key indicator of the country's international trade and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The International Merchandise Trade Statistics: Imports: Commodities for Costa Rica tracks the value of goods and commodities imported into Costa Rica. It provides insights into the country's trade balance, consumer demand, and broader economic performance.
Methodology
This data is collected by Costa Rica's statistical agency through surveys of importers and customs records.
Historical Context
Policymakers and analysts use this trend to assess Costa Rica's trade dynamics and the impacts on its economy.
Key Facts
- Costa Rica's imports totaled $19.4 billion in 2021.
- The top imported commodities are machinery, vehicles, and refined petroleum.
- Imports account for approximately 34% of Costa Rica's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and commodities imported into Costa Rica. It provides insights into the country's trade balance and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding Costa Rica's international trade dynamics, consumer demand, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected by Costa Rica's statistical agency through surveys of importers and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Costa Rica's trade balance, identify import dependencies, and inform decisions on trade policies and economic strategies.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, but there may be occasional delays in reporting.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Imports: Commodities for Costa Rica (CRIXTIMVA01GYSAM), retrieved from FRED.