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Costa Rica — Oil Import Dependency

Detailed breakdown of Costa Rica's crude oil import profile: share originating from the Middle East, top supplier countries, exposure to Strait of Hormuz transit risk and total net import volume. Sourced from the U.S. EIA, IEA and JODI Oil World Database.

Key statistics

  • Region: Americas
  • Middle East crude oil share: 8%
  • Net crude oil imports: 50 thousand barrels/day
  • Top supplier: United States (70% of imports)
  • Strait of Hormuz exposure: 7% of imports transit Hormuz
  • Risk tier: Low

What this means for Costa Rica

A sustained Strait of Hormuz disruption would directly affect roughly 7% of Costa Rica's crude inflows. With 8% of imports sourced from Middle East producers and United States alone supplying 70%, alternative supply requires re-routing through the Cape of Good Hope, the SUMED pipeline or increased reliance on US, Brazilian and West African crudes.

See the full route cost projections and the Hormuz reopening probability model to understand the timeline and cost of alternative supply.

Compare with regional peers (Americas)

CountryME shareNet importsHormuz exposure
Uruguay32%40 kbd30%
Chile22%220 kbd21%
Peru18%130 kbd17%
Panama14%100 kbd13%
Brazil12%200 kbd11%
United States9%6,300 kbd8%
Argentina8%60 kbd7%
Canada5%480 kbd4%

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