2021
Exports | Imports
$4.32B | $560MWorld Rnk 8 / 221
Flag Rnk 1 / 1055
World Rnk 40 / 226
Flag Rnk 2 / 1170
2021
ECONOMIC COMPLEXITY of Costa Rica
0.24Rnk 52 / 131
2021
PRODUCT COMPLEXITY IN Medical Instruments
0.75Rnk 261 / 1024

About

Exports In 2021, Costa Rica exported $4.32B in Medical Instruments, making it the 8th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 1st most exported product in Costa Rica. The main destination of Medical Instruments exports from Costa Rica are: United States ($2.85B), Netherlands ($413M), Belgium ($300M), Japan ($224M), and China ($163M).

The fastest growing export markets for Medical Instruments of Costa Rica between 2020 and 2021 were United States ($673M), China ($102M), and Netherlands ($98M).

Imports In 2021, Costa Rica imported $560M in Medical Instruments, becoming the 40th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 2nd most imported product in Costa Rica. Costa Rica imports Medical Instruments primarily from: United States ($412M), China ($23.9M), Switzerland ($23.5M), Germany ($18.5M), and Singapore ($15.2M).

The fastest growing import markets in Medical Instruments for Costa Rica between 2020 and 2021 were United States ($112M), China ($6.26M), and Singapore ($4.17M).

Latest Trends

Dec 2023

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 Medical Instruments. 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 (2021)$4.32B
IMPORTS (2021)$560M
NET TRADE (2021)$3.76B

In 2021, Costa Rica exported $4.32B in Medical Instruments. The main destinations of Costa Rica exports on Medical Instruments were United States ($2.85B), Netherlands ($413M), Belgium ($300M), Japan ($224M), and China ($163M).

In 2021, Costa Rica imported $560M in Medical Instruments, mainly from United States ($412M), China ($23.9M), Switzerland ($23.5M), Germany ($18.5M), and Singapore ($15.2M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Costa Rica WERE (2020 - 2021):
United States$673M (30.9%)
China$102M (169%)
Netherlands$98M (31.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Costa Rica WERE (2020 - 2021):
Singapore-$7.05M (-49.6%)
Austria-$6.14M (-98.1%)
United Arab Emirates-$6.05M (-83.4%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Costa Rica's main exporting competitors in Medical Instruments were:
In 2021, Costa Rica's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

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