2023
Exports
$1.53MWorld Rnk 48 / 174
Flag Rnk 300 / 1040
2023
PRODUCT COMPLEXITY IN Tensile Testing Machines
1.43Rnk 56 / 1025
2023
Imports
$3.39MWorld Rnk 65 / 208
Flag Rnk 528 / 1163
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $1.53M in Tensile Testing Machines, making it the 48th largest exporter of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 300th most exported product in Costa Rica. The main destination of Tensile Testing Machines exports from Costa Rica are: United States ($1.47M), Panama ($49.2k), Nicaragua ($6.53k), Canada ($4.05k), and Dominican Republic ($1.07k).

The fastest growing export markets for Tensile Testing Machines of Costa Rica between 2022 and 2023 were Panama ($26.1k), Dominican Republic ($1.07k), and Nicaragua ($987).

Imports In 2023, Costa Rica imported $3.39M in Tensile Testing Machines, becoming the 65th largest importer of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 528th most imported product in Costa Rica. Costa Rica imports Tensile Testing Machines primarily from: United States ($2.41M), Portugal ($154k), Italy ($129k), China ($109k), and Sweden ($77.3k).

The fastest growing import markets in Tensile Testing Machines for Costa Rica between 2022 and 2023 were United States ($623k), Portugal ($154k), and China ($84.3k).

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 Tensile Testing Machines. 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)$1.53M
IMPORTS (2023)$3.39M
NET TRADE (2023)-$1.86M

In 2023, Costa Rica exported $1.53M in Tensile Testing Machines. The main destinations of Costa Rica exports on Tensile Testing Machines were United States ($1.47M), Panama ($49.2k), Nicaragua ($6.53k), Canada ($4.05k), and Dominican Republic ($1.07k).

In 2023, Costa Rica imported $3.39M in Tensile Testing Machines, mainly from United States ($2.41M), Portugal ($154k), Italy ($129k), China ($109k), and Sweden ($77.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tensile Testing Machines EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
Panama$26.1k (113%)
Nicaragua$987 (17.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tensile Testing Machines BY Costa Rica WERE (2022 - 2023):
Peru-$77.1k (-100%)
United States-$43.3k (-2.86%)
Colombia-$26.9k (-99.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Tensile Testing Machines were:
In 2023, Costa Rica's main importing competitors in Tensile Testing Machines were:

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Trade Value of Tensile Testing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $176k
TOP IMPORT POTENTIALGermany+ $82.3k

Tensile Testing Machines’s highest export potential is United States. With an export gap of $176k.   Tensile Testing Machines’s highest import potential is Germany with an import gap of $82.3k.

See methodology.

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