2022
Exports
$1.22MWorld Rnk 85 / 213
Flag Rnk 326 / 1045
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$16MWorld Rnk 81 / 225
Flag Rnk 238 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $1.22M in Interchangeable Tool Parts, making it the 85th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 326th most exported product in Costa Rica. The main destination of Interchangeable Tool Parts exports from Costa Rica are: United States ($528k), Nicaragua ($467k), El Salvador ($44.6k), Costa Rica ($36.7k), and Switzerland ($35.1k).

The fastest growing export markets for Interchangeable Tool Parts of Costa Rica between 2021 and 2022 were United States ($306k), Nicaragua ($239k), and Switzerland ($33k).

Imports In 2022, Costa Rica imported $16M in Interchangeable Tool Parts, becoming the 81st largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 238th most imported product in Costa Rica. Costa Rica imports Interchangeable Tool Parts primarily from: United States ($7.87M), China ($3.67M), Japan ($844k), Germany ($500k), and Mexico ($440k).

The fastest growing import markets in Interchangeable Tool Parts for Costa Rica between 2021 and 2022 were Japan ($591k), Peru ($162k), and Poland ($150k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (82) and Fyffes (4) were at the forefront of shipping Interchangeable Tool Parts from Costa Rica to the United States.

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 Interchangeable Tool Parts. 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)$1.22M
IMPORTS (2022)$16M
NET TRADE (2022)-$14.8M

In 2022, Costa Rica exported $1.22M in Interchangeable Tool Parts. The main destinations of Costa Rica exports on Interchangeable Tool Parts were United States ($528k), Nicaragua ($467k), El Salvador ($44.6k), Costa Rica ($36.7k), and Switzerland ($35.1k).

In 2022, Costa Rica imported $16M in Interchangeable Tool Parts, mainly from United States ($7.87M), China ($3.67M), Japan ($844k), Germany ($500k), and Mexico ($440k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
United States$306k (138%)
Nicaragua$239k (105%)
Switzerland$33k (1.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Costa Rica WERE (2021 - 2022):
Germany-$112k (-97.9%)
Guatemala-$103k (-95.4%)
Denmark-$61.4k (-78.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $576k
TOP IMPORT POTENTIALChina+ $1.6M

Interchangeable Tool Parts’s highest export potential is United States. With an export gap of $576k.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $1.6M.

See methodology.

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