2022
Exports
$7.3MWorld Rnk 78 / 210
Flag Rnk 63 / 95
2022
PRODUCT COMPLEXITY IN Wadding, felt, nonwovens, twin, ropes, & articles thereof
0.79Rnk 248 / 1025
2022
Imports
$74.2MWorld Rnk 72 / 223
Flag Rnk 47 / 96
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $7.3M in Wadding, felt, nonwovens, twin, ropes, & articles thereof, making it the 78th largest exporter of Wadding, felt, nonwovens, twin, ropes, & articles thereof in the world. At the same year, Wadding, felt, nonwovens, twin, ropes, & articles thereof was the 63rd most exported product in Costa Rica. The main destination of Wadding, felt, nonwovens, twin, ropes, & articles thereof exports from Costa Rica are: United States ($2.28M), Panama ($1.72M), Mexico ($661k), Dominican Republic ($456k), and Guatemala ($440k).

The fastest growing export markets for Wadding, felt, nonwovens, twin, ropes, & articles thereof of Costa Rica between 2021 and 2022 were Guatemala ($308k), Canada ($152k), and Malaysia ($105k).

Imports In 2022, Costa Rica imported $74.2M in Wadding, felt, nonwovens, twin, ropes, & articles thereof, becoming the 72nd largest importer of Wadding, felt, nonwovens, twin, ropes, & articles thereof in the world. At the same year, Wadding, felt, nonwovens, twin, ropes, & articles thereof was the 47th most imported product in Costa Rica. Costa Rica imports Wadding, felt, nonwovens, twin, ropes, & articles thereof primarily from: United States ($35.5M), China ($9.08M), Brazil ($8.76M), Guatemala ($7.08M), and Uruguay ($2.33M).

The fastest growing import markets in Wadding, felt, nonwovens, twin, ropes, & articles thereof for Costa Rica between 2021 and 2022 were United States ($16.3M), Guatemala ($1.44M), and Hungary ($1M).

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 Wadding, felt, nonwovens, twin, ropes, & articles thereof. 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)$7.3M
IMPORTS (2022)$74.2M
NET TRADE (2022)-$66.9M

In 2022, Costa Rica exported $7.3M in Wadding, felt, nonwovens, twin, ropes, & articles thereof. The main destinations of Costa Rica exports on Wadding, felt, nonwovens, twin, ropes, & articles thereof were United States ($2.28M), Panama ($1.72M), Mexico ($661k), Dominican Republic ($456k), and Guatemala ($440k).

In 2022, Costa Rica imported $74.2M in Wadding, felt, nonwovens, twin, ropes, & articles thereof, mainly from United States ($35.5M), China ($9.08M), Brazil ($8.76M), Guatemala ($7.08M), and Uruguay ($2.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wadding, felt, nonwovens, twin, ropes, & articles thereof EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Guatemala$308k (233%)
Canada$152k (72.7%)
Malaysia$105k (251%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wadding, felt, nonwovens, twin, ropes, & articles thereof BY Costa Rica WERE (2021 - 2022):
Panama-$731k (-29.8%)
Mexico-$476k (-41.9%)
United States-$178k (-7.25%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Wadding, felt, nonwovens, twin, ropes, & articles thereof were:
In 2022, Costa Rica's main importing competitors in Wadding, felt, nonwovens, twin, ropes, & articles thereof were:

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Trade Value of Wadding, felt, nonwovens, twin, ropes, & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALChina+ $3.79M

Wadding, felt, nonwovens, twin, ropes, & articles thereof’s highest export potential is N/A. With an export gap of N/A.   Wadding, felt, nonwovens, twin, ropes, & articles thereof’s highest import potential is China with an import gap of $3.79M.

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