2022
Exports
$4.98MWorld Rnk 55 / 203
Flag Rnk 191 / 1045
2022
PRODUCT COMPLEXITY IN Hydrometers
0.82Rnk 240 / 1025
2022
Imports
$17.9MWorld Rnk 55 / 222
Flag Rnk 215 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $4.98M in Hydrometers, making it the 55th largest exporter of Hydrometers in the world. At the same year, Hydrometers was the 191st most exported product in Costa Rica. The main destination of Hydrometers exports from Costa Rica are: United States ($3.87M), Canada ($286k), United Kingdom ($110k), Australia ($95.5k), and Japan ($89.6k).

The fastest growing export markets for Hydrometers of Costa Rica between 2021 and 2022 were United States ($3.2M), Canada ($208k), and United Kingdom ($101k).

Imports In 2022, Costa Rica imported $17.9M in Hydrometers, becoming the 55th largest importer of Hydrometers in the world. At the same year, Hydrometers was the 215th most imported product in Costa Rica. Costa Rica imports Hydrometers primarily from: Hong Kong ($7.27M), China ($4.24M), United States ($3.62M), Israel ($420k), and Finland ($375k).

The fastest growing import markets in Hydrometers for Costa Rica between 2021 and 2022 were Hong Kong ($4.41M), China ($2.72M), and Vietnam ($232k).

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 Hydrometers. 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)$4.98M
IMPORTS (2022)$17.9M
NET TRADE (2022)-$13M

In 2022, Costa Rica exported $4.98M in Hydrometers. The main destinations of Costa Rica exports on Hydrometers were United States ($3.87M), Canada ($286k), United Kingdom ($110k), Australia ($95.5k), and Japan ($89.6k).

In 2022, Costa Rica imported $17.9M in Hydrometers, mainly from Hong Kong ($7.27M), China ($4.24M), United States ($3.62M), Israel ($420k), and Finland ($375k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrometers EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
United States$3.2M (476%)
Canada$208k (269%)
United Kingdom$101k (1.09k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrometers BY Costa Rica WERE (2021 - 2022):
Costa Rica-$51.4k (-46.3%)
Saudi Arabia-$39.4k (-100%)
Nicaragua-$30.6k (-94.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hydrometers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.31M
TOP IMPORT POTENTIALChina+ $642k

Hydrometers’s highest export potential is United States. With an export gap of $1.31M.   Hydrometers’s highest import potential is China with an import gap of $642k.

See methodology.

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