2022
Exports
$2.27MWorld Rnk 44 / 153
Flag Rnk 256 / 1045
2022
PRODUCT COMPLEXITY IN Mill Machinery
0.2Rnk 485 / 1025
2022
Imports
$1.74MWorld Rnk 124 / 202
Flag Rnk 652 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $2.27M in Mill Machinery, making it the 44th largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 256th most exported product in Costa Rica. The main destination of Mill Machinery exports from Costa Rica are: United States ($558k), Peru ($286k), Nicaragua ($240k), Mexico ($230k), and Honduras ($199k).

The fastest growing export markets for Mill Machinery of Costa Rica between 2021 and 2022 were Peru ($229k), United States ($182k), and Cuba ($74.8k).

Imports In 2022, Costa Rica imported $1.74M in Mill Machinery, becoming the 124th largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 652nd most imported product in Costa Rica. Costa Rica imports Mill Machinery primarily from: United States ($383k), China ($298k), Brazil ($241k), Italy ($147k), and India ($99k).

The fastest growing import markets in Mill Machinery for Costa Rica between 2021 and 2022 were China ($122k), Hong Kong ($52k), and Switzerland ($50.7k).

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 Mill Machinery. 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)$2.27M
IMPORTS (2022)$1.74M
NET TRADE (2022)$527k

In 2022, Costa Rica exported $2.27M in Mill Machinery. The main destinations of Costa Rica exports on Mill Machinery were United States ($558k), Peru ($286k), Nicaragua ($240k), Mexico ($230k), and Honduras ($199k).

In 2022, Costa Rica imported $1.74M in Mill Machinery, mainly from United States ($383k), China ($298k), Brazil ($241k), Italy ($147k), and India ($99k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mill Machinery EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Peru$229k (401%)
United States$182k (48.6%)
Cuba$74.8k (1.42k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mill Machinery BY Costa Rica WERE (2021 - 2022):
Honduras-$296k (-59.8%)
Guatemala-$179k (-79.1%)
Canada-$87.9k (-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 Mill Machinery were:
China $609M
Italy $195M
In 2022, Costa Rica's main importing competitors in Mill Machinery were:

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Trade Value of Mill Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $247k
TOP IMPORT POTENTIALChina+ $155k

Mill Machinery’s highest export potential is United States. With an export gap of $247k.   Mill Machinery’s highest import potential is China with an import gap of $155k.

See methodology.

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