2022
Exports
$7.42MWorld Rnk 66 / 218
Flag Rnk 154 / 1045
2022
PRODUCT COMPLEXITY IN Electrical Power Accessories
0.91Rnk 204 / 1025
2022
Imports
$48.6MWorld Rnk 68 / 225
Flag Rnk 81 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $7.42M in Electrical Power Accessories, making it the 66th largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 154th most exported product in Costa Rica. The main destination of Electrical Power Accessories exports from Costa Rica are: United States ($1.08M), Mexico ($1.04M), Honduras ($1.04M), Costa Rica ($710k), and China ($437k).

The fastest growing export markets for Electrical Power Accessories of Costa Rica between 2021 and 2022 were Costa Rica ($266k), Honduras ($110k), and Nicaragua ($97.7k).

Imports In 2022, Costa Rica imported $48.6M in Electrical Power Accessories, becoming the 68th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 81st most imported product in Costa Rica. Costa Rica imports Electrical Power Accessories primarily from: United States ($32.9M), China ($9.2M), Germany ($944k), Costa Rica ($710k), and Colombia ($677k).

The fastest growing import markets in Electrical Power Accessories for Costa Rica between 2021 and 2022 were China ($2.73M), India ($354k), and Germany ($348k).

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 Electrical Power Accessories. 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)$7.42M
IMPORTS (2022)$48.6M
NET TRADE (2022)-$41.2M

In 2022, Costa Rica exported $7.42M in Electrical Power Accessories. The main destinations of Costa Rica exports on Electrical Power Accessories were United States ($1.08M), Mexico ($1.04M), Honduras ($1.04M), Costa Rica ($710k), and China ($437k).

In 2022, Costa Rica imported $48.6M in Electrical Power Accessories, mainly from United States ($32.9M), China ($9.2M), Germany ($944k), Costa Rica ($710k), and Colombia ($677k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Costa Rica$266k (59.9%)
Honduras$110k (11.9%)
Nicaragua$97.7k (47.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Costa Rica WERE (2021 - 2022):
United States-$999k (-48%)
Netherlands-$336k (-67.8%)
Mexico-$301k (-22.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Electrical Power Accessories were:
In 2022, Costa Rica's main importing competitors in Electrical Power Accessories were:

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Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.61M
TOP IMPORT POTENTIALChina+ $3.94M

Electrical Power Accessories’s highest export potential is United States. With an export gap of $1.61M.   Electrical Power Accessories’s highest import potential is China with an import gap of $3.94M.

See methodology.

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