2022
Exports
$929kWorld Rnk 81 / 208
Flag Rnk 353 / 1045
2022
PRODUCT COMPLEXITY IN Video Recording Equipment
0.68Rnk 285 / 1025
2022
Imports
$26.2MWorld Rnk 76 / 221
Flag Rnk 170 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $929k in Video Recording Equipment, making it the 81st largest exporter of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 353rd most exported product in Costa Rica. The main destination of Video Recording Equipment exports from Costa Rica are: Costa Rica ($391k), United States ($199k), Germany ($67.2k), El Salvador ($47.8k), and Panama ($41.1k).

The fastest growing export markets for Video Recording Equipment of Costa Rica between 2021 and 2022 were Germany ($63.6k), United States ($43.7k), and El Salvador ($32.3k).

Imports In 2022, Costa Rica imported $26.2M in Video Recording Equipment, becoming the 76th largest importer of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 170th most imported product in Costa Rica. Costa Rica imports Video Recording Equipment primarily from: China ($9.07M), United States ($8.63M), Panama ($2.14M), Hong Kong ($1.96M), and Vietnam ($1.42M).

The fastest growing import markets in Video Recording Equipment for Costa Rica between 2021 and 2022 were Hong Kong ($1.39M), Vietnam ($1.32M), and Canada ($151k).

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 Video Recording Equipment. 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)$929k
IMPORTS (2022)$26.2M
NET TRADE (2022)-$25.3M

In 2022, Costa Rica exported $929k in Video Recording Equipment. The main destinations of Costa Rica exports on Video Recording Equipment were Costa Rica ($391k), United States ($199k), Germany ($67.2k), El Salvador ($47.8k), and Panama ($41.1k).

In 2022, Costa Rica imported $26.2M in Video Recording Equipment, mainly from China ($9.07M), United States ($8.63M), Panama ($2.14M), Hong Kong ($1.96M), and Vietnam ($1.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Video Recording Equipment EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Germany$63.6k (1.77k%)
United States$43.7k (28.2%)
El Salvador$32.3k (208%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Video Recording Equipment BY Costa Rica WERE (2021 - 2022):
Costa Rica-$1.8M (-82.2%)
Honduras-$59.5k (-88.7%)
Guatemala-$36k (-93.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Video Recording Equipment were:
China $15.6B
Vietnam $5.46B
Germany $3.06B
In 2022, Costa Rica's main importing competitors in Video Recording Equipment were:

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Trade Value of Video Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.84k
TOP IMPORT POTENTIALChina+ $411k

Video Recording Equipment’s highest export potential is United States. With an export gap of $7.84k.   Video Recording Equipment’s highest import potential is China with an import gap of $411k.

See methodology.

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