2022
Exports
$454kWorld Rnk 83 / 219
Flag Rnk 453 / 1045
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$12.6MWorld Rnk 91 / 220
Flag Rnk 278 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $454k in Ball Bearings, making it the 83rd largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 453rd most exported product in Costa Rica. The main destination of Ball Bearings exports from Costa Rica are: Panama ($108k), Kuwait ($103k), Argentina ($49.5k), Nicaragua ($45.4k), and United States ($29.2k).

The fastest growing export markets for Ball Bearings of Costa Rica between 2021 and 2022 were Kuwait ($93.2k), Argentina ($41.9k), and Panama ($29.5k).

Imports In 2022, Costa Rica imported $12.6M in Ball Bearings, becoming the 91st largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 278th most imported product in Costa Rica. Costa Rica imports Ball Bearings primarily from: United States ($3.41M), China ($2.92M), Japan ($1.18M), Panama ($1.12M), and Germany ($545k).

The fastest growing import markets in Ball Bearings for Costa Rica between 2021 and 2022 were China ($1.22M), United States ($1.08M), and Panama ($304k).

Latest Trends

Mar 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 Ball Bearings. 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)$454k
IMPORTS (2022)$12.6M
NET TRADE (2022)-$12.1M

In 2022, Costa Rica exported $454k in Ball Bearings. The main destinations of Costa Rica exports on Ball Bearings were Panama ($108k), Kuwait ($103k), Argentina ($49.5k), Nicaragua ($45.4k), and United States ($29.2k).

In 2022, Costa Rica imported $12.6M in Ball Bearings, mainly from United States ($3.41M), China ($2.92M), Japan ($1.18M), Panama ($1.12M), and Germany ($545k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Kuwait$93.2k (924%)
Argentina$41.9k (550%)
Panama$29.5k (37.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Costa Rica WERE (2021 - 2022):
Costa Rica-$532k (-95.2%)
Guatemala-$34.5k (-62.8%)
United States-$13.2k (-31.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Costa Rica's main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

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