International Merchandise Trade Statistics: Exports: Commodities for Costa Rica
CRIXTEXVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,132,652,000.00
Year-over-Year Change
46.49%
Date Range
1/1/1995 - 1/1/2025
Summary
This trend measures the value of exported goods from Costa Rica across various commodity categories. It provides insights into the country's international trade patterns and economic performance.
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: Exports: Commodities for Costa Rica tracks the monetary value of goods exported from Costa Rica to other countries. This data is used by economists and policymakers to analyze the composition and trends in the nation's exports, which are crucial indicators of economic activity and global competitiveness.
Methodology
The data is collected through customs declarations and administrative records.
Historical Context
This trend is widely used to inform trade policies, investment decisions, and economic forecasting.
Key Facts
- Costa Rica's top exported commodities include medical instruments, bananas, and microchips.
- Exports account for over 30% of Costa Rica's GDP.
- Costa Rica has free trade agreements with over 50 countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monetary value of goods exported from Costa Rica across various commodity categories, providing insights into the country's trade patterns and economic performance.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for economists and policymakers to analyze Costa Rica's export composition and trends, which are crucial indicators of the country's economic activity and global competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and administrative records.
Q: How is this trend used in economic policy?
A: This trend is widely used to inform trade policies, investment decisions, and economic forecasting.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of customs and administrative reporting, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Costa Rica (CRIXTEXVA01CXMLQ), retrieved from FRED.