2022
Exports
$1.79MWorld Rnk 131 / 225
Flag Rnk 19 / 21
2022
PRODUCT COMPLEXITY IN Footwear and Headwear
0.5Rnk 367 / 1025
2022
Imports
$166MWorld Rnk 90 / 225
Flag Rnk 15 / 21
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $1.79M in Footwear and Headwear, making it the 131st largest exporter of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 19th most exported product in Costa Rica. The main destination of Footwear and Headwear exports from Costa Rica are: United States ($478k), Panama ($263k), Honduras ($259k), Guatemala ($186k), and Nicaragua ($143k).

The fastest growing export markets for Footwear and Headwear of Costa Rica between 2021 and 2022 were Honduras ($180k), Panama ($59k), and Thailand ($48k).

Imports In 2022, Costa Rica imported $166M in Footwear and Headwear, becoming the 90th largest importer of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 15th most imported product in Costa Rica. Costa Rica imports Footwear and Headwear primarily from: China ($94.7M), Brazil ($12.8M), United States ($9.33M), Panama ($7.53M), and Vietnam ($7.21M).

The fastest growing import markets in Footwear and Headwear for Costa Rica between 2021 and 2022 were China ($13.9M), Brazil ($3.27M), and Panama ($3.06M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (7) were at the forefront of shipping Footwear and Headwear from Costa Rica to the United States.

Latest Trends

Jul 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 Footwear and Headwear. 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)$1.79M
IMPORTS (2022)$166M
NET TRADE (2022)-$164M

In 2022, Costa Rica exported $1.79M in Footwear and Headwear. The main destinations of Costa Rica exports on Footwear and Headwear were United States ($478k), Panama ($263k), Honduras ($259k), Guatemala ($186k), and Nicaragua ($143k).

In 2022, Costa Rica imported $166M in Footwear and Headwear, mainly from China ($94.7M), Brazil ($12.8M), United States ($9.33M), Panama ($7.53M), and Vietnam ($7.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear and Headwear EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Honduras$180k (225%)
Panama$59k (28.8%)
Thailand$48k (21.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear and Headwear BY Costa Rica WERE (2021 - 2022):
United States-$1.02M (-68.1%)
Guatemala-$80.3k (-30.2%)
Singapore-$62.6k (-98.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Footwear and Headwear were:
China $83.6B
Vietnam $28.2B
Italy $13.9B
In 2022, Costa Rica's main importing competitors in Footwear and Headwear were:

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Trade Value of Footwear and Headwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $972k
TOP IMPORT POTENTIALChina+ $16M

Footwear and Headwear’s highest export potential is United States. With an export gap of $972k.   Footwear and Headwear’s highest import potential is China with an import gap of $16M.

See methodology.

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