2023
Exports
$55.5MWorld Rnk 40 / 213
Flag Rnk 45 / 1040
2023
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.95Rnk 194 / 1025
2023
Imports
$16.3MWorld Rnk 78 / 221
Flag Rnk 235 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $55.5M in Electrical Lighting and Signalling Equipment, making it the 40th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 45th most exported product in Costa Rica. The main destination of Electrical Lighting and Signalling Equipment exports from Costa Rica are: United States ($47.7M), Mexico ($4.1M), Germany ($933k), Honduras ($662k), and Canada ($505k).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Costa Rica between 2022 and 2023 were United States ($18.4M), Honduras ($653k), and Turkey ($340k).

Imports In 2023, Costa Rica imported $16.3M in Electrical Lighting and Signalling Equipment, becoming the 78th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 235th most imported product in Costa Rica. Costa Rica imports Electrical Lighting and Signalling Equipment primarily from: China ($4.59M), United States ($2.85M), Chinese Taipei ($2.74M), Japan ($1.41M), and Mexico ($801k).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Costa Rica between 2022 and 2023 were China ($1M), United States ($476k), and Brazil ($206k).

Latest Trends

Jan 2025

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 Lighting and Signalling Equipment. 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)$55.5M
IMPORTS (2023)$16.3M
NET TRADE (2023)$39.2M

In 2023, Costa Rica exported $55.5M in Electrical Lighting and Signalling Equipment. The main destinations of Costa Rica exports on Electrical Lighting and Signalling Equipment were United States ($47.7M), Mexico ($4.1M), Germany ($933k), Honduras ($662k), and Canada ($505k).

In 2023, Costa Rica imported $16.3M in Electrical Lighting and Signalling Equipment, mainly from China ($4.59M), United States ($2.85M), Chinese Taipei ($2.74M), Japan ($1.41M), and Mexico ($801k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
United States$18.4M (63%)
Honduras$653k (6.62k%)
Turkey$340k (13.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Costa Rica WERE (2022 - 2023):
Mexico-$10.5M (-71.8%)
China-$1.92M (-84.6%)
South Korea-$582k (-76.4%)

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 Lighting and Signalling Equipment were:
China $4.94B
In 2023, Costa Rica's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.59M
TOP IMPORT POTENTIALChina+ $1.43M

Electrical Lighting and Signalling Equipment’s highest export potential is United States. With an export gap of $6.59M.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $1.43M.

See methodology.

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