2022
Exports
$13.6MWorld Rnk 67 / 216
Flag Rnk 110 / 1045
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$185MWorld Rnk 62 / 225
Flag Rnk 16 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $13.6M in Machinery Having Individual Functions, making it the 67th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 110th most exported product in Costa Rica. The main destination of Machinery Having Individual Functions exports from Costa Rica are: Costa Rica ($8.82M), Brazil ($896k), United States ($658k), El Salvador ($500k), and Germany ($458k).

The fastest growing export markets for Machinery Having Individual Functions of Costa Rica between 2021 and 2022 were Costa Rica ($3.59M), Germany ($436k), and El Salvador ($413k).

Imports In 2022, Costa Rica imported $185M in Machinery Having Individual Functions, becoming the 62nd largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 16th most imported product in Costa Rica. Costa Rica imports Machinery Having Individual Functions primarily from: Singapore ($46.5M), United States ($35M), Malaysia ($33.8M), Japan ($10M), and Germany ($9.11M).

The fastest growing import markets in Machinery Having Individual Functions for Costa Rica between 2021 and 2022 were Malaysia ($26.6M), Singapore ($26.4M), and Philippines ($6.04M).

Latest Trends

Oct 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 Machinery Having Individual Functions. 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)$13.6M
IMPORTS (2022)$185M
NET TRADE (2022)-$172M

In 2022, Costa Rica exported $13.6M in Machinery Having Individual Functions. The main destinations of Costa Rica exports on Machinery Having Individual Functions were Costa Rica ($8.82M), Brazil ($896k), United States ($658k), El Salvador ($500k), and Germany ($458k).

In 2022, Costa Rica imported $185M in Machinery Having Individual Functions, mainly from Singapore ($46.5M), United States ($35M), Malaysia ($33.8M), Japan ($10M), and Germany ($9.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Costa Rica$3.59M (68.6%)
Germany$436k (2.03k%)
El Salvador$413k (476%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Costa Rica WERE (2021 - 2022):
Czechia-$416k (-99.2%)
South Africa-$342k (-100%)
Panama-$320k (-60.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Costa Rica's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.35M
TOP IMPORT POTENTIALGermany+ $5.32M

Machinery Having Individual Functions’s highest export potential is United States. With an export gap of $1.35M.   Machinery Having Individual Functions’s highest import potential is Germany with an import gap of $5.32M.

See methodology.

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