2023
Exports
$5.04MWorld Rnk 62 / 182
Flag Rnk 194 / 1040
2023
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.68Rnk 24 / 1025
2023
Imports
$84.9MWorld Rnk 55 / 216
Flag Rnk 52 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $5.04M in Rubberworking Machinery, making it the 62nd largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 194th most exported product in Costa Rica. The main destination of Rubberworking Machinery exports from Costa Rica are: United States ($3.03M), Canada ($816k), Guatemala ($599k), Dominican Republic ($247k), and Colombia ($95.6k).

The fastest growing export markets for Rubberworking Machinery of Costa Rica between 2022 and 2023 were United States ($1.99M), Canada ($812k), and Guatemala ($558k).

Imports In 2023, Costa Rica imported $84.9M in Rubberworking Machinery, becoming the 55th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 52nd most imported product in Costa Rica. Costa Rica imports Rubberworking Machinery primarily from: United States ($29.1M), Germany ($16.5M), Japan ($6.64M), China ($5.34M), and Canada ($4.38M).

The fastest growing import markets in Rubberworking Machinery for Costa Rica between 2022 and 2023 were Japan ($5.52M), Germany ($3.68M), and Netherlands ($2.6M).

Latest Trends

Jan 2025

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 (2023)$5.04M
IMPORTS (2023)$84.9M
NET TRADE (2023)-$79.9M

In 2023, Costa Rica exported $5.04M in Rubberworking Machinery. The main destinations of Costa Rica exports on Rubberworking Machinery were United States ($3.03M), Canada ($816k), Guatemala ($599k), Dominican Republic ($247k), and Colombia ($95.6k).

In 2023, Costa Rica imported $84.9M in Rubberworking Machinery, mainly from United States ($29.1M), Germany ($16.5M), Japan ($6.64M), China ($5.34M), and Canada ($4.38M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
United States$1.99M (192%)
Canada$812k (21.9k%)
Guatemala$558k (1.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Costa Rica WERE (2022 - 2023):
Panama-$194k (-78.2%)
Jordan-$60k (-100%)
Mexico-$25.7k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Rubberworking Machinery were:
China $6.97B
Germany $6.13B
Japan $2.61B
In 2023, 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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