2022
Exports
$73.1kWorld Rnk 87 / 200
Flag Rnk 692 / 1045
2022
PRODUCT COMPLEXITY IN Wrenches
1.67Rnk 30 / 1025
2022
Imports
$4.41MWorld Rnk 82 / 219
Flag Rnk 470 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $73.1k in Wrenches, making it the 87th largest exporter of Wrenches in the world. At the same year, Wrenches was the 692nd most exported product in Costa Rica. The main destination of Wrenches exports from Costa Rica are: Germany ($20.4k), United States ($14.5k), Peru ($7.58k), Panama ($7.53k), and Argentina ($5.82k).

The fastest growing export markets for Wrenches of Costa Rica between 2021 and 2022 were United States ($7.02k), Panama ($6.86k), and Peru ($6.55k).

Imports In 2022, Costa Rica imported $4.41M in Wrenches, becoming the 82nd largest importer of Wrenches in the world. At the same year, Wrenches was the 470th most imported product in Costa Rica. Costa Rica imports Wrenches primarily from: China ($2.06M), Chinese Taipei ($1.19M), United States ($618k), Mexico ($258k), and Panama ($86.5k).

The fastest growing import markets in Wrenches for Costa Rica between 2021 and 2022 were Chinese Taipei ($116k), Guatemala ($12.6k), and Mexico ($11.5k).

COMPANIES In 2023, leading companies such as Chiquita (70) and Goya Foods (7) were at the forefront of shipping Wrenches from Costa Rica to the United States.

Latest Trends

Aug 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 Wrenches. 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)$73.1k
IMPORTS (2022)$4.41M
NET TRADE (2022)-$4.34M

In 2022, Costa Rica exported $73.1k in Wrenches. The main destinations of Costa Rica exports on Wrenches were Germany ($20.4k), United States ($14.5k), Peru ($7.58k), Panama ($7.53k), and Argentina ($5.82k).

In 2022, Costa Rica imported $4.41M in Wrenches, mainly from China ($2.06M), Chinese Taipei ($1.19M), United States ($618k), Mexico ($258k), and Panama ($86.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
United States$7.02k (93.5%)
Panama$6.86k (1.01k%)
Peru$6.55k (632%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Costa Rica WERE (2021 - 2022):
Guatemala-$35.6k (-98.5%)
Germany-$23.3k (-53.4%)
Argentina-$3.32k (-36.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Wrenches were:
In 2022, Costa Rica's main importing competitors in Wrenches were:

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $24.5k
TOP IMPORT POTENTIALChina+ $175k

Wrenches’s highest export potential is United States. With an export gap of $24.5k.   Wrenches’s highest import potential is China with an import gap of $175k.

See methodology.

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