2022
Exports
$677MWorld Rnk 95 / 226
Flag Rnk 7 / 21
2022
PRODUCT COMPLEXITY IN Metals
1.9Rnk 12 / 1025
2022
Imports
$1.9BWorld Rnk 82 / 226
Flag Rnk 5 / 21
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $677M in Metals, making it the 95th largest exporter of Metals in the world. At the same year, Metals was the 7th most exported product in Costa Rica. The main destination of Metals exports from Costa Rica are: United States ($90.3M), Guatemala ($88M), Dominican Republic ($77.7M), Nicaragua ($60.8M), and Honduras ($41.9M).

The fastest growing export markets for Metals of Costa Rica between 2021 and 2022 were Dominican Republic ($21.3M), Honduras ($11.8M), and Ecuador ($5.84M).

Imports In 2022, Costa Rica imported $1.9B in Metals, becoming the 82nd largest importer of Metals in the world. At the same year, Metals was the 5th most imported product in Costa Rica. Costa Rica imports Metals primarily from: China ($483M), United States ($333M), Japan ($125M), Mexico ($106M), and Chile ($89.8M).

The fastest growing import markets in Metals for Costa Rica between 2021 and 2022 were United States ($44.7M), India ($42M), and Mexico ($25.4M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (89), Chiquita (70), and Goya Foods (7) were at the forefront of shipping Metals from Costa Rica to the United States.

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 Metals. 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)$677M
IMPORTS (2022)$1.9B
NET TRADE (2022)-$1.23B

In 2022, Costa Rica exported $677M in Metals. The main destinations of Costa Rica exports on Metals were United States ($90.3M), Guatemala ($88M), Dominican Republic ($77.7M), Nicaragua ($60.8M), and Honduras ($41.9M).

In 2022, Costa Rica imported $1.9B in Metals, mainly from China ($483M), United States ($333M), Japan ($125M), Mexico ($106M), and Chile ($89.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metals EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Dominican Republic$21.3M (37.7%)
Honduras$11.8M (39.3%)
Ecuador$5.84M (42%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metals BY Costa Rica WERE (2021 - 2022):
Nicaragua-$21.9M (-26.5%)
Luxembourg-$10.1M (-100%)
Canada-$6.93M (-27.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $49.4M
TOP IMPORT POTENTIALChina+ $28.6M

Metals’s highest export potential is United States. With an export gap of $49.4M.   Metals’s highest import potential is China with an import gap of $28.6M.

See methodology.

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