2023
Exports
$4.84MWorld Rnk 54 / 197
Flag Rnk 196 / 1040
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.73Rnk 19 / 1025
2023
Imports
$25.3MWorld Rnk 60 / 224
Flag Rnk 172 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $4.84M in Electric Soldering Equipment, making it the 54th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 196th most exported product in Costa Rica. The main destination of Electric Soldering Equipment exports from Costa Rica are: United States ($1.83M), Spain ($756k), Netherlands ($415k), Germany ($331k), and France ($304k).

The fastest growing export markets for Electric Soldering Equipment of Costa Rica between 2022 and 2023 were United States ($1.12M), Switzerland ($136k), and France ($117k).

Imports In 2023, Costa Rica imported $25.3M in Electric Soldering Equipment, becoming the 60th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 172nd most imported product in Costa Rica. Costa Rica imports Electric Soldering Equipment primarily from: United States ($15.7M), China ($6.51M), Switzerland ($945k), Germany ($744k), and Mexico ($466k).

The fastest growing import markets in Electric Soldering Equipment for Costa Rica between 2022 and 2023 were United States ($5.34M), China ($761k), and Germany ($471k).

Latest Trends

Jan 2025

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 Electric Soldering Equipment. 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 (2023)$4.84M
IMPORTS (2023)$25.3M
NET TRADE (2023)-$20.5M

In 2023, Costa Rica exported $4.84M in Electric Soldering Equipment. The main destinations of Costa Rica exports on Electric Soldering Equipment were United States ($1.83M), Spain ($756k), Netherlands ($415k), Germany ($331k), and France ($304k).

In 2023, Costa Rica imported $25.3M in Electric Soldering Equipment, mainly from United States ($15.7M), China ($6.51M), Switzerland ($945k), Germany ($744k), and Mexico ($466k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
United States$1.12M (157%)
Switzerland$136k (173%)
France$117k (62.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Costa Rica WERE (2022 - 2023):
Italy-$189k (-87.4%)
Germany-$180k (-35.2%)
Netherlands-$140k (-25.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Electric Soldering Equipment were:
In 2023, Costa Rica's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $810k
TOP IMPORT POTENTIALChina+ $1.03M

Electric Soldering Equipment’s highest export potential is United States. With an export gap of $810k.   Electric Soldering Equipment’s highest import potential is China with an import gap of $1.03M.

See methodology.

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