2022
Exports
$20MWorld Rnk 52 / 214
Flag Rnk 88 / 1045
2022
PRODUCT COMPLEXITY IN Chemical Analysis Instruments
1.69Rnk 26 / 1025
2022
Imports
$38MWorld Rnk 74 / 225
Flag Rnk 110 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $20M in Chemical Analysis Instruments, making it the 52nd largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 88th most exported product in Costa Rica. The main destination of Chemical Analysis Instruments exports from Costa Rica are: Germany ($10.8M), China ($3.59M), United States ($2.3M), Australia ($803k), and Kuwait ($475k).

The fastest growing export markets for Chemical Analysis Instruments of Costa Rica between 2021 and 2022 were Germany ($3.37M), United States ($1.62M), and Australia ($691k).

Imports In 2022, Costa Rica imported $38M in Chemical Analysis Instruments, becoming the 74th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 110th most imported product in Costa Rica. Costa Rica imports Chemical Analysis Instruments primarily from: United States ($19.7M), China ($3.65M), Japan ($3.62M), Germany ($3.15M), and United Kingdom ($689k).

The fastest growing import markets in Chemical Analysis Instruments for Costa Rica between 2021 and 2022 were United States ($5.07M), Japan ($2.7M), and China ($2.23M).

Latest Trends

Aug 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 Chemical Analysis Instruments. 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)$20M
IMPORTS (2022)$38M
NET TRADE (2022)-$18M

In 2022, Costa Rica exported $20M in Chemical Analysis Instruments. The main destinations of Costa Rica exports on Chemical Analysis Instruments were Germany ($10.8M), China ($3.59M), United States ($2.3M), Australia ($803k), and Kuwait ($475k).

In 2022, Costa Rica imported $38M in Chemical Analysis Instruments, mainly from United States ($19.7M), China ($3.65M), Japan ($3.62M), Germany ($3.15M), and United Kingdom ($689k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Germany$3.37M (45.2%)
United States$1.62M (238%)
Australia$691k (616%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Costa Rica WERE (2021 - 2022):
China-$1.32M (-26.8%)
Ireland-$695k (-96.8%)
Egypt-$547k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.98M
TOP IMPORT POTENTIALUnited States+ $2.63M

Chemical Analysis Instruments’s highest export potential is China. With an export gap of $3.98M.   Chemical Analysis Instruments’s highest import potential is United States with an import gap of $2.63M.

See methodology.

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