2022
Exports
$49.8MWorld Rnk 58 / 222
Flag Rnk 43 / 1045
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$67.3MWorld Rnk 83 / 225
Flag Rnk 60 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $49.8M in Other Iron Products, making it the 58th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 43rd most exported product in Costa Rica. The main destination of Other Iron Products exports from Costa Rica are: United States ($25.3M), Ireland ($8.42M), Guatemala ($3.85M), Costa Rica ($2.84M), and Mexico ($1.67M).

The fastest growing export markets for Other Iron Products of Costa Rica between 2021 and 2022 were United States ($11.3M), Ireland ($2.29M), and Costa Rica ($1.26M).

Imports In 2022, Costa Rica imported $67.3M in Other Iron Products, becoming the 83rd largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 60th most imported product in Costa Rica. Costa Rica imports Other Iron Products primarily from: United States ($34.1M), China ($14.7M), Costa Rica ($2.84M), India ($2.33M), and Ireland ($1.82M).

The fastest growing import markets in Other Iron Products for Costa Rica between 2021 and 2022 were China ($5.1M), Ireland ($1.29M), and Costa Rica ($1.26M).

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 Other Iron Products. 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)$49.8M
IMPORTS (2022)$67.3M
NET TRADE (2022)-$17.5M

In 2022, Costa Rica exported $49.8M in Other Iron Products. The main destinations of Costa Rica exports on Other Iron Products were United States ($25.3M), Ireland ($8.42M), Guatemala ($3.85M), Costa Rica ($2.84M), and Mexico ($1.67M).

In 2022, Costa Rica imported $67.3M in Other Iron Products, mainly from United States ($34.1M), China ($14.7M), Costa Rica ($2.84M), India ($2.33M), and Ireland ($1.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
United States$11.3M (80.2%)
Ireland$2.29M (37.3%)
Costa Rica$1.26M (79.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Costa Rica WERE (2021 - 2022):
Honduras-$533k (-66%)
France-$326k (-59.7%)
Panama-$317k (-22.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Other Iron Products were:
In 2022, Costa Rica's main importing competitors in Other Iron Products were:

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.1M
TOP IMPORT POTENTIALChina+ $6.9M

Other Iron Products’s highest export potential is United States. With an export gap of $10.1M.   Other Iron Products’s highest import potential is China with an import gap of $6.9M.

See methodology.

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