2022
Exports
$11.8MWorld Rnk 77 / 224
Flag Rnk 56 / 95
2022
PRODUCT COMPLEXITY IN Leather articles
-0.063Rnk 569 / 1025
2022
Imports
$43.6MWorld Rnk 95 / 225
Flag Rnk 59 / 96
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $11.8M in Leather articles, making it the 77th largest exporter of Leather articles in the world. At the same year, Leather articles was the 56th most exported product in Costa Rica. The main destination of Leather articles exports from Costa Rica are: United States ($9.15M), Guatemala ($566k), Germany ($372k), Nicaragua ($342k), and El Salvador ($188k).

The fastest growing export markets for Leather articles of Costa Rica between 2021 and 2022 were United States ($1.29M), Germany ($187k), and Netherlands ($168k).

Imports In 2022, Costa Rica imported $43.6M in Leather articles, becoming the 95th largest importer of Leather articles in the world. At the same year, Leather articles was the 59th most imported product in Costa Rica. Costa Rica imports Leather articles primarily from: China ($20.8M), United States ($8.48M), Mexico ($3.39M), Panama ($1.46M), and Spain ($1.19M).

The fastest growing import markets in Leather articles for Costa Rica between 2021 and 2022 were China ($3.53M), United States ($2.47M), and Guatemala ($954k).

COMPANIES In 2023, leading companies such as Del Monte Foods (3) were at the forefront of shipping Leather articles 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 Leather articles. 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)$11.8M
IMPORTS (2022)$43.6M
NET TRADE (2022)-$31.8M

In 2022, Costa Rica exported $11.8M in Leather articles. The main destinations of Costa Rica exports on Leather articles were United States ($9.15M), Guatemala ($566k), Germany ($372k), Nicaragua ($342k), and El Salvador ($188k).

In 2022, Costa Rica imported $43.6M in Leather articles, mainly from China ($20.8M), United States ($8.48M), Mexico ($3.39M), Panama ($1.46M), and Spain ($1.19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather articles EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
United States$1.29M (16.5%)
Germany$187k (101%)
Netherlands$168k (35.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather articles BY Costa Rica WERE (2021 - 2022):
Guatemala-$140k (-19.8%)
United Kingdom-$128k (-46.1%)
El Salvador-$69.7k (-27.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Leather articles were:
China $36.3B
France $12.5B
Italy $11.3B
In 2022, Costa Rica's main importing competitors in Leather articles were:

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Trade Value of Leather articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.2M
TOP IMPORT POTENTIALChina+ $6.91M

Leather articles’s highest export potential is United States. With an export gap of $5.2M.   Leather articles’s highest import potential is China with an import gap of $6.91M.

See methodology.

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