2022
Exports
$14.2MWorld Rnk 86 / 226
Flag Rnk 106 / 1045
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$95.7MWorld Rnk 105 / 225
Flag Rnk 40 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $14.2M in Motor vehicles; parts and accessories (8701 to 8705), making it the 86th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 106th most exported product in Costa Rica. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Costa Rica are: United States ($6.15M), Canada ($3.47M), Italy ($1.7M), South Korea ($1.12M), and Mexico ($437k).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Costa Rica between 2021 and 2022 were United States ($668k), Italy ($665k), and Kuwait ($299k).

Imports In 2022, Costa Rica imported $95.7M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 105th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 40th most imported product in Costa Rica. Costa Rica imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($25.2M), United States ($21.7M), Japan ($13.2M), South Korea ($6.24M), and Chinese Taipei ($4.53M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Costa Rica between 2021 and 2022 were China ($5.56M), Japan ($1.65M), and South Korea ($1.44M).

COMPANIES In 2023, leading companies such as Robert Bosch (10) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Costa Rica to the United States.

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 Motor vehicles; parts and accessories (8701 to 8705). 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)$14.2M
IMPORTS (2022)$95.7M
NET TRADE (2022)-$81.4M

In 2022, Costa Rica exported $14.2M in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Costa Rica exports on Motor vehicles; parts and accessories (8701 to 8705) were United States ($6.15M), Canada ($3.47M), Italy ($1.7M), South Korea ($1.12M), and Mexico ($437k).

In 2022, Costa Rica imported $95.7M in Motor vehicles; parts and accessories (8701 to 8705), mainly from China ($25.2M), United States ($21.7M), Japan ($13.2M), South Korea ($6.24M), and Chinese Taipei ($4.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
United States$668k (12.2%)
Italy$665k (64.3%)
Kuwait$299k (618%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Costa Rica WERE (2021 - 2022):
Mexico-$898k (-67.3%)
Vietnam-$97.6k (-100%)
Guatemala-$92.3k (-58.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Costa Rica's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.8M
TOP IMPORT POTENTIALChina+ $14.5M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is United States. With an export gap of $11.8M.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is China with an import gap of $14.5M.

See methodology.

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