2022
Exports
$64.4MWorld Rnk 89 / 221
Flag Rnk 15 / 21
2022
PRODUCT COMPLEXITY IN Wood Products
0.3Rnk 451 / 1025
2022
Imports
$124MWorld Rnk 88 / 226
Flag Rnk 16 / 21
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $64.4M in Wood Products, making it the 89th largest exporter of Wood Products in the world. At the same year, Wood Products was the 15th most exported product in Costa Rica. The main destination of Wood Products exports from Costa Rica are: India ($19.5M), United States ($14.9M), Guatemala ($10.3M), Panama ($4.31M), and China ($3.79M).

The fastest growing export markets for Wood Products of Costa Rica between 2021 and 2022 were Guatemala ($7.45M), United Kingdom ($1.19M), and Honduras ($595k).

Imports In 2022, Costa Rica imported $124M in Wood Products, becoming the 88th largest importer of Wood Products in the world. At the same year, Wood Products was the 16th most imported product in Costa Rica. Costa Rica imports Wood Products primarily from: Chile ($66.2M), China ($14.5M), Spain ($9.01M), United States ($7.7M), and Brazil ($5.33M).

The fastest growing import markets in Wood Products for Costa Rica between 2021 and 2022 were Chile ($20M), Spain ($2.09M), and United States ($1.54M).

COMPANIES In 2023, leading companies such as Goya Foods (97), Dole Fresh Fruit (2), and Del Monte Foods (1) were at the forefront of shipping Wood Products from Costa Rica to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Wood 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)$64.4M
IMPORTS (2022)$124M
NET TRADE (2022)-$59.7M

In 2022, Costa Rica exported $64.4M in Wood Products. The main destinations of Costa Rica exports on Wood Products were India ($19.5M), United States ($14.9M), Guatemala ($10.3M), Panama ($4.31M), and China ($3.79M).

In 2022, Costa Rica imported $124M in Wood Products, mainly from Chile ($66.2M), China ($14.5M), Spain ($9.01M), United States ($7.7M), and Brazil ($5.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Products EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Guatemala$7.45M (258%)
United Kingdom$1.19M (1.04k%)
Honduras$595k (57.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Products BY Costa Rica WERE (2021 - 2022):
India-$6.73M (-25.7%)
United States-$3.75M (-20.2%)
Vietnam-$2.83M (-58.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Wood Products were:
China $20.4B
Canada $20.1B
In 2022, Costa Rica's main importing competitors in Wood Products were:

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Trade Value of Wood Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.27M
TOP IMPORT POTENTIALChina+ $3.7M

Wood Products’s highest export potential is United States. With an export gap of $4.27M.   Wood Products’s highest import potential is China with an import gap of $3.7M.

See methodology.

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