2022
Exports
$526kWorld Rnk 70 / 206
Flag Rnk 430 / 1045
2022
PRODUCT COMPLEXITY IN Motor-working Tools
1.33Rnk 88 / 1025
2022
Imports
$12.9MWorld Rnk 69 / 224
Flag Rnk 271 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $526k in Motor-working Tools, making it the 70th largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 430th most exported product in Costa Rica. The main destination of Motor-working Tools exports from Costa Rica are: United States ($332k), Panama ($103k), Nicaragua ($29.2k), Netherlands ($16.1k), and Canada ($12.6k).

The fastest growing export markets for Motor-working Tools of Costa Rica between 2021 and 2022 were United States ($219k), Panama ($11.6k), and Honduras ($1.68k).

Imports In 2022, Costa Rica imported $12.9M in Motor-working Tools, becoming the 69th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 271st most imported product in Costa Rica. Costa Rica imports Motor-working Tools primarily from: China ($3.87M), United States ($3.73M), Brazil ($1.56M), Japan ($947k), and Sweden ($534k).

The fastest growing import markets in Motor-working Tools for Costa Rica between 2021 and 2022 were Japan ($281k), Panama ($97.8k), and Switzerland ($68.7k).

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 Motor-working Tools. 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)$526k
IMPORTS (2022)$12.9M
NET TRADE (2022)-$12.4M

In 2022, Costa Rica exported $526k in Motor-working Tools. The main destinations of Costa Rica exports on Motor-working Tools were United States ($332k), Panama ($103k), Nicaragua ($29.2k), Netherlands ($16.1k), and Canada ($12.6k).

In 2022, Costa Rica imported $12.9M in Motor-working Tools, mainly from China ($3.87M), United States ($3.73M), Brazil ($1.56M), Japan ($947k), and Sweden ($534k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
United States$219k (193%)
Panama$11.6k (12.8%)
Honduras$1.68k (21.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Costa Rica WERE (2021 - 2022):
Germany-$121k (-100%)
Costa Rica-$101k (-98.8%)
Guatemala-$72.5k (-95.2%)

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-working Tools were:
In 2022, Costa Rica's main importing competitors in Motor-working Tools were:

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Trade Value of Motor-working Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $498k
TOP IMPORT POTENTIALChina+ $4.01M

Motor-working Tools’s highest export potential is United States. With an export gap of $498k.   Motor-working Tools’s highest import potential is China with an import gap of $4.01M.

See methodology.

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