2023
Exports
$2.19MWorld Rnk 47 / 143
Flag Rnk 265 / 1040
2023
PRODUCT COMPLEXITY IN Electrical Insulators
0.91Rnk 200 / 1025
2023
Imports
$8.79MWorld Rnk 57 / 206
Flag Rnk 357 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $2.19M in Electrical Insulators, making it the 47th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 265th most exported product in Costa Rica. The main destination of Electrical Insulators exports from Costa Rica are: United States ($2.17M), Malaysia ($10.6k), Ecuador ($1.63k), El Salvador ($1.53k), and Nicaragua ($1.47k).

The fastest growing export markets for Electrical Insulators of Costa Rica between 2022 and 2023 were United States ($2.16M), Malaysia ($10.6k), and Ecuador ($1.63k).

Imports In 2023, Costa Rica imported $8.79M in Electrical Insulators, becoming the 57th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 357th most imported product in Costa Rica. Costa Rica imports Electrical Insulators primarily from: Japan ($4.84M), China ($1.6M), United States ($1.05M), Colombia ($437k), and Poland ($401k).

The fastest growing import markets in Electrical Insulators for Costa Rica between 2022 and 2023 were Japan ($1.48M), China ($1.32M), and Mexico ($265k).

Latest Trends

Dec 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 Electrical Insulators. 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 (2023)$2.19M
IMPORTS (2023)$8.79M
NET TRADE (2023)-$6.6M

In 2023, Costa Rica exported $2.19M in Electrical Insulators. The main destinations of Costa Rica exports on Electrical Insulators were United States ($2.17M), Malaysia ($10.6k), Ecuador ($1.63k), El Salvador ($1.53k), and Nicaragua ($1.47k).

In 2023, Costa Rica imported $8.79M in Electrical Insulators, mainly from Japan ($4.84M), China ($1.6M), United States ($1.05M), Colombia ($437k), and Poland ($401k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
United States$2.16M (25.5k%)
Malaysia$10.6k (1%)
Ecuador$1.63k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Costa Rica WERE (2022 - 2023):
Indonesia-$8.66k (-100%)
Honduras-$361 (-23.1%)
Paraguay-$143 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Electrical Insulators were:
In 2023, Costa Rica's main importing competitors in Electrical Insulators were:

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Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.8k
TOP IMPORT POTENTIALChina+ $268k

Electrical Insulators’s highest export potential is United States. With an export gap of $15.8k.   Electrical Insulators’s highest import potential is China with an import gap of $268k.

See methodology.

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