2022
Exports
$3.16MWorld Rnk 75 / 184
Flag Rnk 227 / 1045
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
$22MWorld Rnk 102 / 219
Flag Rnk 183 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $3.16M in Lifting Machinery, making it the 75th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 227th most exported product in Costa Rica. The main destination of Lifting Machinery exports from Costa Rica are: Honduras ($519k), Senegal ($406k), China ($381k), El Salvador ($370k), and Guatemala ($367k).

The fastest growing export markets for Lifting Machinery of Costa Rica between 2021 and 2022 were El Salvador ($359k), China ($348k), and United States ($143k).

Imports In 2022, Costa Rica imported $22M in Lifting Machinery, becoming the 102nd largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 183rd most imported product in Costa Rica. Costa Rica imports Lifting Machinery primarily from: China ($6.28M), United States ($5.24M), Spain ($2.1M), Italy ($1.35M), and Mexico ($1.3M).

The fastest growing import markets in Lifting Machinery for Costa Rica between 2021 and 2022 were United States ($2.73M), China ($2.21M), and Spain ($1.05M).

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 Lifting Machinery. 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)$3.16M
IMPORTS (2022)$22M
NET TRADE (2022)-$18.8M

In 2022, Costa Rica exported $3.16M in Lifting Machinery. The main destinations of Costa Rica exports on Lifting Machinery were Honduras ($519k), Senegal ($406k), China ($381k), El Salvador ($370k), and Guatemala ($367k).

In 2022, Costa Rica imported $22M in Lifting Machinery, mainly from China ($6.28M), United States ($5.24M), Spain ($2.1M), Italy ($1.35M), and Mexico ($1.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
El Salvador$359k (3.51k%)
China$348k (1.05k%)
United States$143k (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Costa Rica WERE (2021 - 2022):
Costa Rica-$747k (-83%)
Honduras-$185k (-26.3%)
Mexico-$159k (-90.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Costa Rica's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $627k
TOP IMPORT POTENTIALChina+ $2.47M

Lifting Machinery’s highest export potential is United States. With an export gap of $627k.   Lifting Machinery’s highest import potential is China with an import gap of $2.47M.

See methodology.

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