2022
Exports
$64.4MWorld Rnk 88 / 221
Flag Rnk 31 / 95
2022
PRODUCT COMPLEXITY IN Wood, wood articles, & charcoal
0.3Rnk 451 / 1025
2022
Imports
$122MWorld Rnk 88 / 226
Flag Rnk 33 / 96
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $64.4M in Wood, wood articles, & charcoal, making it the 88th largest exporter of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 31st most exported product in Costa Rica. The main destination of Wood, wood articles, & charcoal 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, wood articles, & charcoal of Costa Rica between 2021 and 2022 were Guatemala ($7.46M), United Kingdom ($1.18M), and Honduras ($598k).

Imports In 2022, Costa Rica imported $122M in Wood, wood articles, & charcoal, becoming the 88th largest importer of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 33rd most imported product in Costa Rica. Costa Rica imports Wood, wood articles, & charcoal primarily from: Chile ($66.2M), China ($13.7M), Spain ($8.98M), United States ($7.44M), and Brazil ($5.33M).

The fastest growing import markets in Wood, wood articles, & charcoal for Costa Rica between 2021 and 2022 were Chile ($20M), Spain ($2.13M), and United States ($1.45M).

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, wood articles, & charcoal from Costa Rica to the United States.

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 Wood, wood articles, & charcoal. 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)$122M
NET TRADE (2022)-$57.8M

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

In 2022, Costa Rica imported $122M in Wood, wood articles, & charcoal, mainly from Chile ($66.2M), China ($13.7M), Spain ($8.98M), United States ($7.44M), and Brazil ($5.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood, wood articles, & charcoal EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Guatemala$7.46M (259%)
United Kingdom$1.18M (1.04k%)
Honduras$598k (57.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood, wood articles, & charcoal 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, wood articles, & charcoal were:
China $18.7B
Germany $12.9B
In 2022, Costa Rica's main importing competitors in Wood, wood articles, & charcoal were:

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Trade Value of Wood, wood articles, & charcoal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.27M
TOP IMPORT POTENTIALChina+ $3.49M

Wood, wood articles, & charcoal’s highest export potential is United States. With an export gap of $4.27M.   Wood, wood articles, & charcoal’s highest import potential is China with an import gap of $3.49M.

See methodology.

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