2022
Exports
$713kWorld Rnk 68 / 194
Flag Rnk 389 / 1045
2022
PRODUCT COMPLEXITY IN Wood Ornaments
-0.4Rnk 674 / 1025
2022
Imports
$1.06MWorld Rnk 81 / 217
Flag Rnk 743 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $713k in Wood Ornaments, making it the 68th largest exporter of Wood Ornaments in the world. At the same year, Wood Ornaments was the 389th most exported product in Costa Rica. The main destination of Wood Ornaments exports from Costa Rica are: United States ($431k), Mexico ($117k), Honduras ($48.6k), Guatemala ($40.9k), and Curaçao ($15.6k).

The fastest growing export markets for Wood Ornaments of Costa Rica between 2021 and 2022 were Mexico ($97.4k), Guatemala ($37.3k), and United States ($24k).

Imports In 2018, Costa Rica imported $1.06M in Wood Ornaments, becoming the 81st largest importer of Wood Ornaments in the world. At the same year, Wood Ornaments was the 743rd most imported product in Costa Rica. Costa Rica imports Wood Ornaments primarily from: Colombia ($263k), China ($206k), Indonesia ($187k), Nicaragua ($124k), and United States ($68.5k).

The fastest growing import markets in Wood Ornaments for Costa Rica between 2021 and 2022 were Indonesia ($78.2k), El Salvador ($64.9k), and Nicaragua ($64k).

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 Wood Ornaments. 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)$713k
IMPORTS (2022)$1.06M
NET TRADE (2022)-$349k

In 2022, Costa Rica exported $713k in Wood Ornaments. The main destinations of Costa Rica exports on Wood Ornaments were United States ($431k), Mexico ($117k), Honduras ($48.6k), Guatemala ($40.9k), and Curaçao ($15.6k).

In 2022, Costa Rica imported $1.06M in Wood Ornaments, mainly from Colombia ($263k), China ($206k), Indonesia ($187k), Nicaragua ($124k), and United States ($68.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Ornaments EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Mexico$97.4k (503%)
Guatemala$37.3k (1.03k%)
United States$24k (5.89%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Ornaments BY Costa Rica WERE (2021 - 2022):
Singapore-$7.01k (-100%)
Canada-$1.68k (-97.4%)
Dominican Republic-$1.02k (-8.48%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Wood Ornaments were:
China $1.65B
Germany $83.5M
In 2022, Costa Rica's main importing competitors in Wood Ornaments were:

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Trade Value of Wood Ornaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $273k
TOP IMPORT POTENTIALChina+ $197k

Wood Ornaments’s highest export potential is United States. With an export gap of $273k.   Wood Ornaments’s highest import potential is China with an import gap of $197k.

See methodology.

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