2023
Exports
$236kWorld Rnk 54 / 117
Flag Rnk 524 / 1040
2023
PRODUCT COMPLEXITY IN Iron Oxides and Hydroxides
-0.35Rnk 657 / 1025
2023
Imports
$2.13MWorld Rnk 61 / 188
Flag Rnk 615 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $236k in Iron Oxides and Hydroxides, making it the 54th largest exporter of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 524th most exported product in Costa Rica. The main destination of Iron Oxides and Hydroxides exports from Costa Rica are: Nicaragua ($56.2k), Panama ($55.7k), El Salvador ($44.3k), Honduras ($44.3k), and Guatemala ($31.1k).

The fastest growing export markets for Iron Oxides and Hydroxides of Costa Rica between 2022 and 2023 were Honduras ($44.3k), Nicaragua ($41.5k), and El Salvador ($32k).

Imports In 2023, Costa Rica imported $2.13M in Iron Oxides and Hydroxides, becoming the 61st largest importer of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 615th most imported product in Costa Rica. Costa Rica imports Iron Oxides and Hydroxides primarily from: China ($559k), Colombia ($501k), Germany ($395k), Brazil ($280k), and Guatemala ($104k).

The fastest growing import markets in Iron Oxides and Hydroxides for Costa Rica between 2022 and 2023 were China ($125k), Colombia ($106k), and Guatemala ($81.4k).

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 Iron Oxides and Hydroxides. 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)$236k
IMPORTS (2023)$2.13M
NET TRADE (2023)-$1.89M

In 2023, Costa Rica exported $236k in Iron Oxides and Hydroxides. The main destinations of Costa Rica exports on Iron Oxides and Hydroxides were Nicaragua ($56.2k), Panama ($55.7k), El Salvador ($44.3k), Honduras ($44.3k), and Guatemala ($31.1k).

In 2023, Costa Rica imported $2.13M in Iron Oxides and Hydroxides, mainly from China ($559k), Colombia ($501k), Germany ($395k), Brazil ($280k), and Guatemala ($104k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Oxides and Hydroxides EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
Honduras$44.3k (1%)
Nicaragua$41.5k (284%)
El Salvador$32k (260%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Oxides and Hydroxides BY Costa Rica WERE (2022 - 2023):
United States-$14.9k (-100%)
Dominican Republic-$7.71k (-64.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Iron Oxides and Hydroxides were:
In 2023, Costa Rica's main importing competitors in Iron Oxides and Hydroxides were:

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Trade Value of Iron Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.3k
TOP IMPORT POTENTIALChina+ $79.1k

Iron Oxides and Hydroxides’s highest export potential is United States. With an export gap of $27.3k.   Iron Oxides and Hydroxides’s highest import potential is China with an import gap of $79.1k.

See methodology.

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