2022
Exports
$48.7MWorld Rnk 72 / 212
Flag Rnk 44 / 1045
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$535kWorld Rnk 107 / 187
Flag Rnk 826 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $48.7M in Scrap Iron, making it the 72nd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 44th most exported product in Costa Rica. The main destination of Scrap Iron exports from Costa Rica are: Ecuador ($15.2M), Chinese Taipei ($13.5M), Thailand ($7.9M), Guatemala ($4.85M), and Pakistan ($2.67M).

The fastest growing export markets for Scrap Iron of Costa Rica between 2021 and 2022 were Ecuador ($7.4M), Thailand ($1.04M), and Pakistan ($767k).

Imports In 2022, Costa Rica imported $535k in Scrap Iron, becoming the 107th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 826th most imported product in Costa Rica. Costa Rica imports Scrap Iron primarily from: Trinidad and Tobago ($305k), United Kingdom ($143k), United States ($76.1k), Nicaragua ($11k), and Costa Rica ($504).

The fastest growing import markets in Scrap Iron for Costa Rica between 2021 and 2022 were United Kingdom ($97k).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Scrap Iron. 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)$48.7M
IMPORTS (2022)$535k
NET TRADE (2022)$48.2M

In 2022, Costa Rica exported $48.7M in Scrap Iron. The main destinations of Costa Rica exports on Scrap Iron were Ecuador ($15.2M), Chinese Taipei ($13.5M), Thailand ($7.9M), Guatemala ($4.85M), and Pakistan ($2.67M).

In 2022, Costa Rica imported $535k in Scrap Iron, mainly from Trinidad and Tobago ($305k), United Kingdom ($143k), United States ($76.1k), Nicaragua ($11k), and Costa Rica ($504).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Ecuador$7.4M (94.8%)
Thailand$1.04M (15.1%)
Pakistan$767k (40.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Costa Rica WERE (2021 - 2022):
Guatemala-$2.48M (-33.8%)
South Korea-$829k (-30.3%)
Chinese Taipei-$605k (-4.28%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Costa Rica's main exporting competitors in Scrap Iron were:
In 2022, Costa Rica's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.51M
TOP IMPORT POTENTIALUnited States+ $115k

Scrap Iron’s highest export potential is India. With an export gap of $2.51M.   Scrap Iron’s highest import potential is United States with an import gap of $115k.

See methodology.

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