Costa Rica recorded a trade deficit of 402.80 USD Million in December of 2019. Balance of Trade in Costa Rica averaged -273.76 USD Million from 1994 until 2019, reaching an all time high of 139.55 USD Million in April of 1999 and a record low of -661.40 USD Million in October of 2012. source: Central Bank of Costa Rica
Balance of Trade in Costa Rica is expected to be -428.73 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Costa Rica to stand at -429.84 in 12 months time. In the long-term, the Costa Rica Balance of Trade is projected to trend around -423.17 USD Million in 2020, according to our econometric models.