2023
Exports
$46.5MWorld Rnk 99 / 223
Flag Rnk 16 / 21
2023
PRODUCT COMPLEXITY IN Wood Products
0.31Rnk 454 / 1025
2023
Imports
$106MWorld Rnk 90 / 226
Flag Rnk 16 / 21
2023
ECONOMIC COMPLEXITY of Costa Rica
0.34Rnk 48 / 132

About

Exports In 2023, Costa Rica exported $46.5M in Wood Products, making it the 99th largest exporter of Wood Products in the world. At the same year, Wood Products was the 16th most exported product in Costa Rica. The main destination of Wood Products exports from Costa Rica are: India ($21.2M), China ($5.84M), Panama ($4.57M), United States ($3.74M), and United Kingdom ($1.81M).

The fastest growing export markets for Wood Products of Costa Rica between 2022 and 2023 were China ($1.47M), El Salvador ($871k), and Belgium ($833k).

Imports In 2023, Costa Rica imported $106M in Wood Products, becoming the 90th largest importer of Wood Products in the world. At the same year, Wood Products was the 16th most imported product in Costa Rica. Costa Rica imports Wood Products primarily from: Chile ($46.2M), China ($15.1M), United States ($7.82M), Brazil ($6.28M), and Spain ($6.19M).

The fastest growing import markets in Wood Products for Costa Rica between 2022 and 2023 were Colombia ($1.08M), Guatemala ($1M), and Honduras ($745k).

COMPANIES In 2024, leading companies such as Goya Foods (70), Dole Fresh Fruit (6), and Brother Industries (1) were at the forefront of shipping Wood Products from Costa Rica to the United States.

Latest Trends

Dec 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 Wood Products. 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)$46.5M
IMPORTS (2023)$106M
NET TRADE (2023)-$59.1M

In 2023, Costa Rica exported $46.5M in Wood Products. The main destinations of Costa Rica exports on Wood Products were India ($21.2M), China ($5.84M), Panama ($4.57M), United States ($3.74M), and United Kingdom ($1.81M).

In 2023, Costa Rica imported $106M in Wood Products, mainly from Chile ($46.2M), China ($15.1M), United States ($7.82M), Brazil ($6.28M), and Spain ($6.19M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Products EXPORT MARKETS FOR Costa Rica WERE (2022 - 2023):
China$1.47M (33.6%)
El Salvador$871k (168%)
Belgium$833k (535%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Products BY Costa Rica WERE (2022 - 2023):
Guatemala-$10.9M (-93.8%)
United States-$1.88M (-33.4%)
Vietnam-$1.65M (-57.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Costa Rica's main exporting competitors in Wood Products were:
China $15.6B
Canada $13.6B
Germany $10.8B
In 2023, Costa Rica's main importing competitors in Wood Products were:

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Trade Value of Wood Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.27M
TOP IMPORT POTENTIALChina+ $3.7M

Wood Products’s highest export potential is United States. With an export gap of $4.27M.   Wood Products’s highest import potential is China with an import gap of $3.7M.

See methodology.

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