2023
Exports
$290kWorld Rnk 84 / 180
Flag Rnk 491 / 1040
2023
PRODUCT COMPLEXITY IN Precious Metal Watches
0.62Rnk 321 / 1025
2023
Imports
$2.52MWorld Rnk 97 / 210
Flag Rnk 586 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $290k in Precious Metal Watches, making it the 84th largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 491st most exported product in Costa Rica. The main destination of Precious Metal Watches exports from Costa Rica are: United States ($136k), United Kingdom ($129k), Switzerland ($22.1k), Panama ($1.75k), and Germany ($679).

The fastest growing export markets for Precious Metal Watches of Costa Rica between 2022 and 2023 were United Kingdom ($129k), Switzerland ($22.1k), and Germany ($679).

Imports In 2023, Costa Rica imported $2.52M in Precious Metal Watches, becoming the 97th largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 586th most imported product in Costa Rica. Costa Rica imports Precious Metal Watches primarily from: Switzerland ($1.98M), Germany ($197k), China ($153k), United States ($72.8k), and Ireland ($61.2k).

The fastest growing import markets in Precious Metal Watches for Costa Rica between 2022 and 2023 were Germany ($165k), Ireland ($61.2k), and United States ($31.5k).

COMPANIES In 2024, leading companies such as Dole Fresh Fruit (8) were at the forefront of shipping Precious Metal Watches from Costa Rica to the United States.

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 Precious Metal Watches. 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)$290k
IMPORTS (2023)$2.52M
NET TRADE (2023)-$2.23M

In 2023, Costa Rica exported $290k in Precious Metal Watches. The main destinations of Costa Rica exports on Precious Metal Watches were United States ($136k), United Kingdom ($129k), Switzerland ($22.1k), Panama ($1.75k), and Germany ($679).

In 2023, Costa Rica imported $2.52M in Precious Metal Watches, mainly from Switzerland ($1.98M), Germany ($197k), China ($153k), United States ($72.8k), and Ireland ($61.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
United Kingdom$129k (1%)
Switzerland$22.1k (1%)
Germany$679 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Costa Rica WERE (2022 - 2023):
United States-$126k (-48.1%)
Singapore-$35.3k (-100%)
Austria-$3.38k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Precious Metal Watches were:
In 2023, Costa Rica's main importing competitors in Precious Metal Watches were:

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Trade Value of Precious Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $222k
TOP IMPORT POTENTIALChina+ $127k

Precious Metal Watches’s highest export potential is United States. With an export gap of $222k.   Precious Metal Watches’s highest import potential is China with an import gap of $127k.

See methodology.

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