2022
Exports
$4.09MWorld Rnk 80 / 224
Flag Rnk 211 / 1045
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$66.1MWorld Rnk 87 / 224
Flag Rnk 61 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $4.09M in Valves, making it the 80th largest exporter of Valves in the world. At the same year, Valves was the 211th most exported product in Costa Rica. The main destination of Valves exports from Costa Rica are: United States ($1.42M), Guatemala ($515k), Malta ($415k), Costa Rica ($332k), and Nicaragua ($257k).

The fastest growing export markets for Valves of Costa Rica between 2021 and 2022 were Malta ($413k), Singapore ($107k), and Belgium ($47.6k).

Imports In 2022, Costa Rica imported $66.1M in Valves, becoming the 87th largest importer of Valves in the world. At the same year, Valves was the 61st most imported product in Costa Rica. Costa Rica imports Valves primarily from: United States ($21.1M), China ($18.9M), Mexico ($6.03M), Dominican Republic ($5.83M), and Italy ($2.66M).

The fastest growing import markets in Valves for Costa Rica between 2021 and 2022 were Dominican Republic ($2.29M), Mexico ($1.64M), and United States ($776k).

COMPANIES In 2023, leading companies such as Robert Bosch (14) were at the forefront of shipping Valves from Costa Rica to the United States.

Latest Trends

Oct 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 Valves. 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)$4.09M
IMPORTS (2022)$66.1M
NET TRADE (2022)-$62M

In 2022, Costa Rica exported $4.09M in Valves. The main destinations of Costa Rica exports on Valves were United States ($1.42M), Guatemala ($515k), Malta ($415k), Costa Rica ($332k), and Nicaragua ($257k).

In 2022, Costa Rica imported $66.1M in Valves, mainly from United States ($21.1M), China ($18.9M), Mexico ($6.03M), Dominican Republic ($5.83M), and Italy ($2.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Malta$413k (20.7k%)
Singapore$107k (5.25k%)
Belgium$47.6k (3.74k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Costa Rica WERE (2021 - 2022):
United Kingdom-$2.25M (-98.4%)
United States-$346k (-19.7%)
Mexico-$302k (-87.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.11M
TOP IMPORT POTENTIALChina+ $8.1M

Valves’s highest export potential is United States. With an export gap of $2.11M.   Valves’s highest import potential is China with an import gap of $8.1M.

See methodology.

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