2022
Exports
$50.6kWorld Rnk 102 / 126
Flag Rnk 730 / 1045
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$14.2MWorld Rnk 100 / 210
Flag Rnk 253 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $50.6k in Hot-Rolled Iron Bars, making it the 102nd largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 730th most exported product in Costa Rica. The main destination of Hot-Rolled Iron Bars exports from Costa Rica are: Sierra Leone ($50.5k), Nicaragua ($78), and Jamaica ($27).

The fastest growing export markets for Hot-Rolled Iron Bars of Costa Rica between 2021 and 2022 were Sierra Leone ($50.5k), Nicaragua ($68), and Jamaica ($27).

Imports In 2022, Costa Rica imported $14.2M in Hot-Rolled Iron Bars, becoming the 100th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 253rd most imported product in Costa Rica. Costa Rica imports Hot-Rolled Iron Bars primarily from: China ($7.02M), Brazil ($2.86M), Turkey ($2.1M), Mexico ($1.74M), and Nicaragua ($255k).

The fastest growing import markets in Hot-Rolled Iron Bars for Costa Rica between 2021 and 2022 were China ($5.16M), Brazil ($1.65M), and Turkey ($1.56M).

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 Hot-Rolled Iron Bars. 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)$50.6k
IMPORTS (2022)$14.2M
NET TRADE (2022)-$14.1M

In 2022, Costa Rica exported $50.6k in Hot-Rolled Iron Bars. The main destinations of Costa Rica exports on Hot-Rolled Iron Bars were Sierra Leone ($50.5k), Nicaragua ($78), and Jamaica ($27).

In 2022, Costa Rica imported $14.2M in Hot-Rolled Iron Bars, mainly from China ($7.02M), Brazil ($2.86M), Turkey ($2.1M), Mexico ($1.74M), and Nicaragua ($255k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Sierra Leone$50.5k (1%)
Nicaragua$68 (680%)
Jamaica$27 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Costa Rica WERE (2021 - 2022):
Costa Rica-$3.14k (-100%)
Guatemala-$684 (-100%)
Mexico-$60 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Costa Rica's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.42k
TOP IMPORT POTENTIALMexico+ $411k

Hot-Rolled Iron Bars’s highest export potential is United States. With an export gap of $1.42k.   Hot-Rolled Iron Bars’s highest import potential is Mexico with an import gap of $411k.

See methodology.

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