2023
Exports
$29.7MWorld Rnk 30 / 185
Flag Rnk 73 / 1040
2023
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts
1.07Rnk 155 / 1025
2023
Imports
$22MWorld Rnk 40 / 215
Flag Rnk 188 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $29.7M in Opto-Electric Instrument Parts, making it the 30th largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 73rd most exported product in Costa Rica. The main destination of Opto-Electric Instrument Parts exports from Costa Rica are: United States ($14.8M), Hong Kong ($7.42M), Ireland ($4.64M), India ($638k), and Singapore ($540k).

The fastest growing export markets for Opto-Electric Instrument Parts of Costa Rica between 2022 and 2023 were United States ($6.45M), Hong Kong ($4.7M), and Ireland ($1.98M).

Imports In 2023, Costa Rica imported $22M in Opto-Electric Instrument Parts, becoming the 40th largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 188th most imported product in Costa Rica. Costa Rica imports Opto-Electric Instrument Parts primarily from: United States ($16.3M), Austria ($1.29M), Canada ($637k), China ($625k), and Germany ($598k).

The fastest growing import markets in Opto-Electric Instrument Parts for Costa Rica between 2022 and 2023 were United States ($2.54M), Austria ($1.11M), and Canada ($596k).

Latest Trends

Dec 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 Opto-Electric Instrument Parts. 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 (2023)$29.7M
IMPORTS (2023)$22M
NET TRADE (2023)$7.67M

In 2023, Costa Rica exported $29.7M in Opto-Electric Instrument Parts. The main destinations of Costa Rica exports on Opto-Electric Instrument Parts were United States ($14.8M), Hong Kong ($7.42M), Ireland ($4.64M), India ($638k), and Singapore ($540k).

In 2023, Costa Rica imported $22M in Opto-Electric Instrument Parts, mainly from United States ($16.3M), Austria ($1.29M), Canada ($637k), China ($625k), and Germany ($598k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
United States$6.45M (77.5%)
Hong Kong$4.7M (173%)
Ireland$1.98M (74.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY Costa Rica WERE (2022 - 2023):
Philippines-$605k (-54.4%)
New Zealand-$252k (-96.6%)
Netherlands-$92k (-97.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Opto-Electric Instrument Parts were:
In 2023, Costa Rica's main importing competitors in Opto-Electric Instrument Parts were:

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Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $519k
TOP IMPORT POTENTIALChina+ $349k

Opto-Electric Instrument Parts’s highest export potential is United States. With an export gap of $519k.   Opto-Electric Instrument Parts’s highest import potential is China with an import gap of $349k.

See methodology.

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