2022
Exports
$6.08kWorld Rnk 135 / 183
Flag Rnk 873 / 1045
2022
PRODUCT COMPLEXITY IN Basketwork
-1.47Rnk 944 / 1025
2022
Imports
$903kWorld Rnk 78 / 216
Flag Rnk 760 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $6.08k in Basketwork, making it the 135th largest exporter of Basketwork in the world. At the same year, Basketwork was the 873rd most exported product in Costa Rica. The main destination of Basketwork exports from Costa Rica are: Italy ($3.83k), Colombia ($1.27k), Guatemala ($598), Panama ($210), and United States ($79).

The fastest growing export markets for Basketwork of Costa Rica between 2021 and 2022 were Italy ($3.81k), Colombia ($236), and Czechia ($16).

Imports In 2022, Costa Rica imported $903k in Basketwork, becoming the 78th largest importer of Basketwork in the world. At the same year, Basketwork was the 760th most imported product in Costa Rica. Costa Rica imports Basketwork primarily from: China ($463k), Vietnam ($144k), Indonesia ($68.1k), Morocco ($41.9k), and Nicaragua ($39.4k).

The fastest growing import markets in Basketwork for Costa Rica between 2021 and 2022 were Morocco ($41.9k), Nicaragua ($19.7k), and Mexico ($17.4k).

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 Basketwork. 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)$6.08k
IMPORTS (2022)$903k
NET TRADE (2022)-$897k

In 2022, Costa Rica exported $6.08k in Basketwork. The main destinations of Costa Rica exports on Basketwork were Italy ($3.83k), Colombia ($1.27k), Guatemala ($598), Panama ($210), and United States ($79).

In 2022, Costa Rica imported $903k in Basketwork, mainly from China ($463k), Vietnam ($144k), Indonesia ($68.1k), Morocco ($41.9k), and Nicaragua ($39.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Italy$3.81k (25.4k%)
Colombia$236 (22.8%)
Czechia$16 (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Costa Rica WERE (2021 - 2022):
Panama-$5.23k (-96.1%)
Guatemala-$3.15k (-84%)
Honduras-$2.27k (-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 Basketwork were:
In 2022, Costa Rica's main importing competitors in Basketwork were:

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $2.8k
TOP IMPORT POTENTIALChina+ $161k

Basketwork’s highest export potential is Italy. With an export gap of $2.8k.   Basketwork’s highest import potential is China with an import gap of $161k.

See methodology.

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