2022
Exports
$1.48MWorld Rnk 68 / 165
Flag Rnk 303 / 1045
2022
PRODUCT COMPLEXITY IN Hydrogen
0.11Rnk 521 / 1025
2022
Imports
$6.98MWorld Rnk 70 / 213
Flag Rnk 387 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $1.48M in Hydrogen, making it the 68th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 303rd most exported product in Costa Rica. The main destination of Hydrogen exports from Costa Rica are: Panama ($491k), Dominican Republic ($366k), Jamaica ($181k), Nicaragua ($153k), and Honduras ($71.6k).

The fastest growing export markets for Hydrogen of Costa Rica between 2021 and 2022 were Dominican Republic ($251k), Jamaica ($45k), and Singapore ($42.3k).

Imports In 2022, Costa Rica imported $6.98M in Hydrogen, becoming the 70th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 387th most imported product in Costa Rica. Costa Rica imports Hydrogen primarily from: United States ($4.88M), Guatemala ($1.04M), Panama ($351k), Mexico ($255k), and El Salvador ($251k).

The fastest growing import markets in Hydrogen for Costa Rica between 2021 and 2022 were United States ($3.61M), Guatemala ($119k), and Belgium ($32.8k).

COMPANIES In 2023, leading companies such as Del Monte Foods (1) were at the forefront of shipping Hydrogen from Costa Rica to the United States.

Latest Trends

Oct 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 Hydrogen. 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)$1.48M
IMPORTS (2022)$6.98M
NET TRADE (2022)-$5.51M

In 2022, Costa Rica exported $1.48M in Hydrogen. The main destinations of Costa Rica exports on Hydrogen were Panama ($491k), Dominican Republic ($366k), Jamaica ($181k), Nicaragua ($153k), and Honduras ($71.6k).

In 2022, Costa Rica imported $6.98M in Hydrogen, mainly from United States ($4.88M), Guatemala ($1.04M), Panama ($351k), Mexico ($255k), and El Salvador ($251k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Dominican Republic$251k (217%)
Jamaica$45k (33.1%)
Singapore$42.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Costa Rica WERE (2021 - 2022):
Nicaragua-$77.8k (-33.7%)
Colombia-$40.7k (-100%)
Panama-$30.1k (-5.77%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Hydrogen were:
In 2022, Costa Rica's main importing competitors in Hydrogen were:
China $3.46B
Japan $1.98B
Germany $1.73B

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Trade Value of Hydrogen by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $39k
TOP IMPORT POTENTIALBelgium+ $103k

Hydrogen’s highest export potential is Singapore. With an export gap of $39k.   Hydrogen’s highest import potential is Belgium with an import gap of $103k.

See methodology.

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