Indonesia recorded exports to Costa Rica of US$17.19 million as of December 2020. This value decreased by 29.6% compared to the previous year's exports, which were recorded at US$24.42 million.
Indonesia's trade record with Costa Rica shows an upward trend in exports over the past 10 years. The lowest Indonesian export value was US$16.06 million, while the highest was US$53.97 million.
Of the 97 products (two-digit HS codes) exported to Costa Rica, 30 products were worth more than one billion dollars. Most of the export products to Costa Rica are also exported to other countries, totaling 40 products.
The following is a list of the top five products exported by Indonesia to Costa Rica. This list is arranged from the largest to the smallest transaction value.
1. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof.
Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof (HS Code 87). This product ranks first in exports to Costa Rica. Indonesia exported US$6,183,000. The export value of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof was lower than the previous period, which reached US$10,923,000.
2. Paper and paperboard
Second, Indonesia's largest export is Paper and paperboard. The export value from Costa Rica in 2020 was recorded at US$2,536,000. This figure is lower than the previous period, which reached US$3,227,000.
3. Electrical machinery and equipment and parts thereof
Third, Indonesia exported a significant amount of Electrical machinery and equipment and parts thereof to Costa Rica. The export value of this product was recorded at US$1,472,000. This amount increased compared to the previous period, which was recorded at US$1,239,000. Besides Costa Rica, Indonesia also relies on exports of Electrical machinery and equipment and parts thereof to the United States, Singapore, Japan, Hong Kong, China, and Thailand. In addition to these main countries, Indonesia is recorded as exporting this product to 158 other countries.
4. Rubber and articles thereof
For this product, Indonesia also exported US$1,103,000 worth of Rubber and articles thereof to Costa Rica. The export value of this product was lower than the previous period, which reached US$1,355,000. Trademap data shows Indonesia's trading activity exporting Rubber and articles thereof to 143 countries. Exports of Rubber and articles thereof to this country are ranked 76th. Other countries in the top five export destinations are the United States, Japan, China, India, and the Republic of Korea.
5. Machinery, mechanical appliances, nuclear reactors, boilers
Indonesia is recorded as exporting this product to 156 countries. Exports of Machinery, mechanical appliances, nuclear reactors, boilers to this country are ranked 85th. In 2020, Indonesia recorded exports totaling US$1,067,000. Five other countries that are sources of exports of Machinery, mechanical appliances, nuclear reactors, boilers are Singapore, the United States, Japan, Thailand, and Germany.