2022
Exports
$1.87kWorld Rnk 106 / 159
Flag Rnk 932 / 1045
2022
PRODUCT COMPLEXITY IN Watch Straps
-0.095Rnk 579 / 1025
2022
Imports
$568kWorld Rnk 74 / 197
Flag Rnk 817 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $1.87k in Watch Straps, making it the 106th largest exporter of Watch Straps in the world. At the same year, Watch Straps was the 932nd most exported product in Costa Rica. The main destination of Watch Straps exports from Costa Rica are: United States ($1.06k), Thailand ($700), Ireland ($42), Panama ($42), and Finland ($18).

The fastest growing export markets for Watch Straps of Costa Rica between 2021 and 2022 were United States ($1.03k), Thailand ($559), and Ireland ($42).

Imports In 2022, Costa Rica imported $568k in Watch Straps, becoming the 74th largest importer of Watch Straps in the world. At the same year, Watch Straps was the 817th most imported product in Costa Rica. Costa Rica imports Watch Straps primarily from: China ($242k), United States ($215k), Hong Kong ($38.4k), Switzerland ($15.5k), and Panama ($12.2k).

The fastest growing import markets in Watch Straps for Costa Rica between 2021 and 2022 were China ($66.9k), Hong Kong ($26.1k), and Vietnam ($9.18k).

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 Watch Straps. 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)$1.87k
IMPORTS (2022)$568k
NET TRADE (2022)-$566k

In 2022, Costa Rica exported $1.87k in Watch Straps. The main destinations of Costa Rica exports on Watch Straps were United States ($1.06k), Thailand ($700), Ireland ($42), Panama ($42), and Finland ($18).

In 2022, Costa Rica imported $568k in Watch Straps, mainly from China ($242k), United States ($215k), Hong Kong ($38.4k), Switzerland ($15.5k), and Panama ($12.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Straps EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
United States$1.03k (4.92k%)
Thailand$559 (396%)
Ireland$42 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Straps BY Costa Rica WERE (2021 - 2022):
Guatemala-$1.32k (-100%)
Panama-$1.14k (-96.4%)
El Salvador-$9 (-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 Watch Straps were:
In 2022, Costa Rica's main importing competitors in Watch Straps were:

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Trade Value of Watch Straps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.34k
TOP IMPORT POTENTIALChina+ $106k

Watch Straps’s highest export potential is United States. With an export gap of $2.34k.   Watch Straps’s highest import potential is China with an import gap of $106k.

See methodology.

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