2022
Exports
$370kWorld Rnk 115 / 169
Flag Rnk 482 / 1045
2022
PRODUCT COMPLEXITY IN Cranes
0.76Rnk 258 / 1025
2022
Imports
$2.17MWorld Rnk 146 / 215
Flag Rnk 597 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $370k in Cranes, making it the 115th largest exporter of Cranes in the world. At the same year, Cranes was the 482nd most exported product in Costa Rica. The main destination of Cranes exports from Costa Rica are: Dominican Republic ($208k), Guatemala ($50k), Germany ($39.8k), Panama ($31.2k), and El Salvador ($30k).

The fastest growing export markets for Cranes of Costa Rica between 2021 and 2022 were Dominican Republic ($208k), Guatemala ($42.5k), and Germany ($39.8k).

Imports In 2022, Costa Rica imported $2.17M in Cranes, becoming the 146th largest importer of Cranes in the world. At the same year, Cranes was the 597th most imported product in Costa Rica. Costa Rica imports Cranes primarily from: United States ($407k), Spain ($360k), China ($298k), Germany ($294k), and Mexico ($269k).

The fastest growing import markets in Cranes for Costa Rica between 2021 and 2022 were Mexico ($212k), France ($158k), and Brazil ($129k).

COMPANIES In 2023, leading companies such as Bridgestone Tires (1) were at the forefront of shipping Cranes from Costa Rica to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cranes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$370k
IMPORTS (2022)$2.17M
NET TRADE (2022)-$1.8M

In 2022, Costa Rica exported $370k in Cranes. The main destinations of Costa Rica exports on Cranes were Dominican Republic ($208k), Guatemala ($50k), Germany ($39.8k), Panama ($31.2k), and El Salvador ($30k).

In 2022, Costa Rica imported $2.17M in Cranes, mainly from United States ($407k), Spain ($360k), China ($298k), Germany ($294k), and Mexico ($269k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Guatemala$42.5k (566%)
Germany$39.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Costa Rica WERE (2021 - 2022):
Nicaragua-$73.4k (-87.3%)
United States-$36.7k (-100%)
Panama-$8.57k (-21.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Cranes were:
China $4.1B
Germany $1.93B
Italy $1.28B
In 2022, Costa Rica's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $55.2k
TOP IMPORT POTENTIALChina+ $336k

Cranes’s highest export potential is Germany. With an export gap of $55.2k.   Cranes’s highest import potential is China with an import gap of $336k.

See methodology.

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