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Exports In 2022, Costa Rica exported $81.3k in Time Recording Instruments, making it the 57th largest exporter of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 672nd most exported product in Costa Rica. The main destination of Time Recording Instruments exports from Costa Rica are: Panama ($41.6k), Costa Rica ($18.8k), United States ($13.7k), Ecuador ($4.09k), and Guatemala ($2.4k).

The fastest growing export markets for Time Recording Instruments of Costa Rica between 2021 and 2022 were Panama ($40.4k), Costa Rica ($13k), and United States ($5.84k).

Imports In 2022, Costa Rica imported $611k in Time Recording Instruments, becoming the 64th largest importer of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 807th most imported product in Costa Rica. Costa Rica imports Time Recording Instruments primarily from: United States ($258k), China ($160k), Hong Kong ($38.5k), Panama ($36.1k), and Mexico ($34.5k).

The fastest growing import markets in Time Recording Instruments for Costa Rica between 2021 and 2022 were China ($34.5k), Costa Rica ($13k), and Hong Kong ($10.5k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Time Recording 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 (2022)$81.3k
IMPORTS (2022)$611k
NET TRADE (2022)-$530k

In 2022, Costa Rica exported $81.3k in Time Recording Instruments. The main destinations of Costa Rica exports on Time Recording Instruments were Panama ($41.6k), Costa Rica ($18.8k), United States ($13.7k), Ecuador ($4.09k), and Guatemala ($2.4k).

In 2022, Costa Rica imported $611k in Time Recording Instruments, mainly from United States ($258k), China ($160k), Hong Kong ($38.5k), Panama ($36.1k), and Mexico ($34.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Recording Instruments EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Panama$40.4k (3.17k%)
Costa Rica$13k (224%)
United States$5.84k (74%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Recording Instruments BY Costa Rica WERE (2021 - 2022):
Ecuador-$1.05k (-20.4%)
El Salvador-$849 (-98.8%)
Nicaragua-$810 (-97.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
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In 2022, Costa Rica's main exporting competitors in Time Recording Instruments were:
In 2022, Costa Rica's main importing competitors in Time Recording Instruments were:

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Trade Value of Time Recording Instruments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $15k
TOP IMPORT POTENTIALChina+ $41.5k

Time Recording Instruments’s highest export potential is United States. With an export gap of $15k.   Time Recording Instruments’s highest import potential is China with an import gap of $41.5k.

See methodology.

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