2018
Exports
$381kWorld Rnk 77 / 174
Flag Rnk 477 / 1045
2022
PRODUCT COMPLEXITY IN Woodworking machines
1.28Rnk 96 / 1025
2018
Imports
$6.39MWorld Rnk 87 / 218
Flag Rnk 400 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2018, Costa Rica exported $381k in Woodworking machines, making it the 77th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 477th most exported product in Costa Rica. The main destination of Woodworking machines exports from Costa Rica are: Costa Rica ($155k), Nicaragua ($127k), Panama ($56k), Honduras ($22.7k), and United States ($6.85k).

The fastest growing export markets for Woodworking machines of Costa Rica between 2021 and 2022 were Costa Rica ($155k), Nicaragua ($57.9k), and United States ($3.55k).

Imports In 2022, Costa Rica imported $6.39M in Woodworking machines, becoming the 87th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 400th most imported product in Costa Rica. Costa Rica imports Woodworking machines primarily from: China ($2.18M), United States ($1.76M), Italy ($783k), Chinese Taipei ($538k), and Canada ($319k).

The fastest growing import markets in Woodworking machines for Costa Rica between 2021 and 2022 were China ($632k), Italy ($360k), and Chinese Taipei ($353k).

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 Woodworking machines. 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)$381k
IMPORTS (2022)$6.39M
NET TRADE (2022)-$6.01M

In 2022, Costa Rica exported $381k in Woodworking machines. The main destinations of Costa Rica exports on Woodworking machines were Costa Rica ($155k), Nicaragua ($127k), Panama ($56k), Honduras ($22.7k), and United States ($6.85k).

In 2022, Costa Rica imported $6.39M in Woodworking machines, mainly from China ($2.18M), United States ($1.76M), Italy ($783k), Chinese Taipei ($538k), and Canada ($319k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Costa Rica$155k (1%)
Nicaragua$57.9k (83.3%)
United States$3.55k (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Costa Rica WERE (2021 - 2022):
Panama-$111k (-66.5%)
Mexico-$49.9k (-97.7%)
Brazil-$30.5k (-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 Woodworking machines were:
China $2.66B
Germany $1.99B
Italy $1.23B
In 2022, Costa Rica's main importing competitors in Woodworking machines were:

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.8k
TOP IMPORT POTENTIALChina+ $674k

Woodworking machines’s highest export potential is United States. With an export gap of $27.8k.   Woodworking machines’s highest import potential is China with an import gap of $674k.

See methodology.

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