U.S. Imports of Goods by Customs Basis from Costa Rica
IMP2230 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,271.82
Year-over-Year Change
23.52%
Date Range
1/1/1985 - 6/1/2025
Summary
This economic trend measures the value of goods imported into the United States from Costa Rica on a customs basis. It is an important indicator of trade activity and economic relationships between the two countries.
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 U.S. Imports of Goods by Customs Basis from Costa Rica series tracks the total dollar value of physical goods shipped from Costa Rica to the United States. This metric is widely used by economists, policymakers, and businesses to analyze trade flows, supply chain dynamics, and the overall economic relationship between the two nations.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations.
Historical Context
This import data is used to inform trade policy decisions and monitor the commercial ties between the U.S. and Costa Rica.
Key Facts
- Costa Rica is the United States' 27th largest goods trading partner.
- The U.S. imported $5.7 billion in goods from Costa Rica in 2021.
- Medical instruments and precision equipment are major U.S. imports from Costa Rica.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical goods imported into the United States from Costa Rica on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This import data is widely used to analyze trade flows, supply chain dynamics, and the overall economic relationship between the U.S. and Costa Rica.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations.
Q: How is this trend used in economic policy?
A: This import data is used to inform trade policy decisions and monitor the commercial ties between the two countries.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month delay.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Costa Rica (IMP2230), retrieved from FRED.