International Merchandise Trade Statistics: Imports: Commodities for Costa Rica
CRIXTIMVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,408,150,000.00
Year-over-Year Change
7.83%
Date Range
1/1/1995 - 5/1/2025
Summary
This economic trend measures Costa Rica's imports of merchandise and commodities. It provides crucial insights into the country's trade dynamics and broader 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: Imports: Commodities for Costa Rica tracks the total value of imported goods and commodities into the country. This metric is widely used by economists, policymakers, and market analysts to assess Costa Rica's trade balance, domestic consumption patterns, and integration with global supply chains.
Methodology
The data is collected and calculated by Costa Rica's national statistical agency.
Historical Context
Monitoring this trend helps inform economic and trade policy decisions.
Key Facts
- Costa Rica is a major importer of machinery, vehicles, and consumer goods.
- Imports account for over 30% of Costa Rica's GDP.
- Trade deficits have widened in recent years due to rising energy and raw material costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of imported merchandise and commodities into Costa Rica, providing insights into the country's trade balance and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Costa Rica's import data is crucial for understanding the country's trade dynamics, domestic consumption patterns, and integration with global supply chains.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Costa Rica's national statistical agency.
Q: How is this trend used in economic policy?
A: Analyzing this import data helps inform economic and trade policy decisions in Costa Rica and supports broader macroeconomic analysis.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and revisions of Costa Rica's national statistical agency.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Imports: Commodities for Costa Rica (CRIXTIMVA01CXMLM), retrieved from FRED.