2022
Exports
$5.12MWorld Rnk 60 / 187
Flag Rnk 187 / 1045
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.71Rnk 22 / 1025
2022
Imports
$85MWorld Rnk 59 / 213
Flag Rnk 48 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $5.12M in Rubberworking Machinery, making it the 60th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 187th most exported product in Costa Rica. The main destination of Rubberworking Machinery exports from Costa Rica are: Costa Rica ($3.5M), United States ($982k), Panama ($249k), Dominican Republic ($120k), and Jordan ($60k).

The fastest growing export markets for Rubberworking Machinery of Costa Rica between 2021 and 2022 were Costa Rica ($2.54M), United States ($291k), and Panama ($242k).

Imports In 2022, Costa Rica imported $85M in Rubberworking Machinery, becoming the 59th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 48th most imported product in Costa Rica. Costa Rica imports Rubberworking Machinery primarily from: United States ($31.3M), Canada ($11.3M), Germany ($8.8M), China ($7.81M), and Hungary ($4.1M).

The fastest growing import markets in Rubberworking Machinery for Costa Rica between 2021 and 2022 were Canada ($10.9M), United States ($8.77M), and Germany ($7.13M).

Latest Trends

Aug 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 Rubberworking Machinery. 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)$5.12M
IMPORTS (2022)$85M
NET TRADE (2022)-$79.9M

In 2022, Costa Rica exported $5.12M in Rubberworking Machinery. The main destinations of Costa Rica exports on Rubberworking Machinery were Costa Rica ($3.5M), United States ($982k), Panama ($249k), Dominican Republic ($120k), and Jordan ($60k).

In 2022, Costa Rica imported $85M in Rubberworking Machinery, mainly from United States ($31.3M), Canada ($11.3M), Germany ($8.8M), China ($7.81M), and Hungary ($4.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Costa Rica$2.54M (264%)
United States$291k (42%)
Panama$242k (3.74k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Costa Rica WERE (2021 - 2022):
Guatemala-$229k (-88.5%)
Spain-$58.7k (-100%)
United Kingdom-$39.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Rubberworking Machinery were:
China $7.21B
Japan $2.29B
In 2022, Costa Rica's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $837k
TOP IMPORT POTENTIALChina+ $4.07M

Rubberworking Machinery’s highest export potential is United States. With an export gap of $837k.   Rubberworking Machinery’s highest import potential is China with an import gap of $4.07M.

See methodology.

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