2022
Exports
$380kWorld Rnk 66 / 130
Flag Rnk 478 / 1045
2022
PRODUCT COMPLEXITY IN Refractory Cements
0.7Rnk 278 / 1025
2022
Imports
$1.11MWorld Rnk 123 / 214
Flag Rnk 736 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $380k in Refractory Cements, making it the 66th largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 478th most exported product in Costa Rica. The main destination of Refractory Cements exports from Costa Rica are: Nicaragua ($174k), Panama ($98.3k), Dominican Republic ($40.4k), Costa Rica ($24.4k), and Jamaica ($16.2k).

The fastest growing export markets for Refractory Cements of Costa Rica between 2021 and 2022 were Dominican Republic ($40.4k), Nicaragua ($31k), and Panama ($16.8k).

Imports In 2022, Costa Rica imported $1.11M in Refractory Cements, becoming the 123rd largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 736th most imported product in Costa Rica. Costa Rica imports Refractory Cements primarily from: United States ($500k), Italy ($162k), China ($83.9k), Spain ($81.6k), and United Kingdom ($73.6k).

The fastest growing import markets in Refractory Cements for Costa Rica between 2021 and 2022 were United States ($166k), Italy ($162k), and United Kingdom ($67.2k).

Latest Trends

Sep 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 Refractory Cements. 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)$380k
IMPORTS (2022)$1.11M
NET TRADE (2022)-$726k

In 2022, Costa Rica exported $380k in Refractory Cements. The main destinations of Costa Rica exports on Refractory Cements were Nicaragua ($174k), Panama ($98.3k), Dominican Republic ($40.4k), Costa Rica ($24.4k), and Jamaica ($16.2k).

In 2022, Costa Rica imported $1.11M in Refractory Cements, mainly from United States ($500k), Italy ($162k), China ($83.9k), Spain ($81.6k), and United Kingdom ($73.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Nicaragua$31k (21.7%)
Panama$16.8k (20.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Costa Rica WERE (2021 - 2022):
Jamaica-$76.5k (-82.5%)
United States-$41k (-100%)
Costa Rica-$18.3k (-42.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEl Salvador+ $3.02k
TOP IMPORT POTENTIALChina+ $101k

Refractory Cements’s highest export potential is El Salvador. With an export gap of $3.02k.   Refractory Cements’s highest import potential is China with an import gap of $101k.

See methodology.

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