International Merchandise Trade Statistics: Trade Balance: Commodities for Costa Rica
CRIXTNTVA01NCMLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-167,498,000,000.00
Year-over-Year Change
-5.59%
Date Range
1/1/1995 - 5/1/2025
Summary
This economic trend measures the trade balance for commodities in Costa Rica, tracking the difference between the country's exports and imports of goods. It provides insights into Costa Rica's international trade performance and competitiveness.
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: Trade Balance: Commodities for Costa Rica series represents the net balance of trade in goods between Costa Rica and its global trading partners. It is a key indicator of the country's economic health and trade dynamics.
Methodology
The data is collected and reported by Costa Rica's national statistical agency.
Historical Context
This trade balance metric is closely monitored by policymakers, economists, and market analysts to assess Costa Rica's economic and trade conditions.
Key Facts
- Costa Rica has a trade deficit in commodities.
- Manufacturing exports are a key driver of Costa Rica's trade balance.
- The trade balance is an important indicator of Costa Rica's economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the trade balance for commodities in Costa Rica, which is the difference between the country's exports and imports of goods.
Q: Why is this trend relevant for users or analysts?
A: The trade balance is a key indicator of Costa Rica's economic health and competitiveness, providing insights into the country's international trade performance.
Q: How is this data collected or calculated?
A: The data is collected and reported by Costa Rica's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this trade balance metric to assess Costa Rica's economic and trade conditions.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and potential revisions by Costa Rica's statistical agency.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Trade Balance: Commodities for Costa Rica (CRIXTNTVA01NCMLSAM), retrieved from FRED.