2022
Exports
$27MWorld Rnk 44 / 209
Flag Rnk 76 / 1045
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$17.2MWorld Rnk 81 / 222
Flag Rnk 222 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $27M in Electrical Lighting and Signalling Equipment, making it the 44th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 76th most exported product in Costa Rica. The main destination of Electrical Lighting and Signalling Equipment exports from Costa Rica are: Mexico ($14.6M), United States ($6.79M), China ($2.27M), Germany ($997k), and South Korea ($761k).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Costa Rica between 2021 and 2022 were Mexico ($4.35M), United States ($2.48M), and China ($1.45M).

Imports In 2022, Costa Rica imported $17.2M in Electrical Lighting and Signalling Equipment, becoming the 81st largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 222nd most imported product in Costa Rica. Costa Rica imports Electrical Lighting and Signalling Equipment primarily from: China ($8.23M), Chinese Taipei ($2.38M), United States ($2.02M), Czechia ($1.08M), and Japan ($810k).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Costa Rica between 2021 and 2022 were Czechia ($590k), Chinese Taipei ($260k), and Japan ($170k).

Latest Trends

Jul 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 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 (2022)$27M
IMPORTS (2022)$17.2M
NET TRADE (2022)$9.8M

In 2022, Costa Rica exported $27M in Electrical Lighting and Signalling Equipment. The main destinations of Costa Rica exports on Electrical Lighting and Signalling Equipment were Mexico ($14.6M), United States ($6.79M), China ($2.27M), Germany ($997k), and South Korea ($761k).

In 2022, Costa Rica imported $17.2M in Electrical Lighting and Signalling Equipment, mainly from China ($8.23M), Chinese Taipei ($2.38M), United States ($2.02M), Czechia ($1.08M), and Japan ($810k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Mexico$4.35M (42.6%)
United States$2.48M (57.5%)
China$1.45M (177%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Costa Rica WERE (2021 - 2022):
Costa Rica-$145k (-95.2%)
Chinese Taipei-$51.4k (-47.8%)
Russia-$26k (-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 Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, 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.

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