2022
Exports
$546World Rnk 147 / 160
Flag Rnk 95 / 95
2022
PRODUCT COMPLEXITY IN Wool & animal hair
0.58Rnk 333 / 1025
2022
Imports
$4.11MWorld Rnk 91 / 194
Flag Rnk 86 / 96
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $546 in Wool & animal hair, making it the 147th largest exporter of Wool & animal hair in the world. At the same year, Wool & animal hair was the 95th most exported product in Costa Rica. The main destination of Wool & animal hair exports from Costa Rica are: United States ($503), Bahamas ($22), El Salvador ($11), and Nicaragua ($10).

The fastest growing export markets for Wool & animal hair of Costa Rica between 2021 and 2022 were Bahamas ($22) and El Salvador ($11).

Imports In 2022, Costa Rica imported $4.11M in Wool & animal hair, becoming the 91st largest importer of Wool & animal hair in the world. At the same year, Wool & animal hair was the 86th most imported product in Costa Rica. Costa Rica imports Wool & animal hair primarily from: United States ($3.84M), India ($74.1k), Spain ($36k), Mexico ($30.9k), and Belgium ($28.3k).

The fastest growing import markets in Wool & animal hair for Costa Rica between 2021 and 2022 were United States ($997k), India ($74.1k), and Belgium ($27.9k).

COMPANIES In 2023, leading companies such as Fyffes (3) were at the forefront of shipping Wool & animal hair from Costa Rica to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$546
IMPORTS (2022)$4.11M
NET TRADE (2022)-$4.11M

In 2022, Costa Rica exported $546 in Wool & animal hair. The main destinations of Costa Rica exports on Wool & animal hair were United States ($503), Bahamas ($22), El Salvador ($11), and Nicaragua ($10).

In 2022, Costa Rica imported $4.11M in Wool & animal hair, mainly from United States ($3.84M), India ($74.1k), Spain ($36k), Mexico ($30.9k), and Belgium ($28.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool & animal hair EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Bahamas$22 (1%)
El Salvador$11 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool & animal hair BY Costa Rica WERE (2021 - 2022):
Guatemala-$840 (-100%)
United States-$759 (-60.1%)
Panama-$100 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Costa Rica's main exporting competitors in Wool & animal hair were:
China $2.23B
Italy $2.03B
In 2022, Costa Rica's main importing competitors in Wool & animal hair were:
China $2.97B
Italy $1.62B

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Trade Value of Wool & animal hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.28k
TOP IMPORT POTENTIALChina+ $34.2k

Wool & animal hair’s highest export potential is United States. With an export gap of $3.28k.   Wool & animal hair’s highest import potential is China with an import gap of $34.2k.

See methodology.

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