2022
Exports
$1.61MWorld Rnk 85 / 223
Flag Rnk 295 / 1045
2022
PRODUCT COMPLEXITY IN Engine Parts
0.92Rnk 203 / 1025
2022
Imports
$16.1MWorld Rnk 113 / 224
Flag Rnk 237 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $1.61M in Engine Parts, making it the 85th largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 295th most exported product in Costa Rica. The main destination of Engine Parts exports from Costa Rica are: United States ($561k), Argentina ($309k), Italy ($185k), Belgium ($130k), and Nicaragua ($104k).

The fastest growing export markets for Engine Parts of Costa Rica between 2021 and 2022 were United States ($299k), Argentina ($227k), and Nicaragua ($98.4k).

Imports In 2022, Costa Rica imported $16.1M in Engine Parts, becoming the 113th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 237th most imported product in Costa Rica. Costa Rica imports Engine Parts primarily from: United States ($4.99M), China ($3.96M), Japan ($1.82M), Italy ($832k), and Germany ($785k).

The fastest growing import markets in Engine Parts for Costa Rica between 2021 and 2022 were China ($690k), Italy ($536k), and Japan ($333k).

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 Engine Parts. 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)$1.61M
IMPORTS (2022)$16.1M
NET TRADE (2022)-$14.5M

In 2022, Costa Rica exported $1.61M in Engine Parts. The main destinations of Costa Rica exports on Engine Parts were United States ($561k), Argentina ($309k), Italy ($185k), Belgium ($130k), and Nicaragua ($104k).

In 2022, Costa Rica imported $16.1M in Engine Parts, mainly from United States ($4.99M), China ($3.96M), Japan ($1.82M), Italy ($832k), and Germany ($785k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
United States$299k (114%)
Argentina$227k (275%)
Nicaragua$98.4k (1.73k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY Costa Rica WERE (2021 - 2022):
Guatemala-$34.9k (-46.1%)
Austria-$23.5k (-98.5%)
El Salvador-$21.9k (-73.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Engine Parts were:
China $7.96B
Japan $6.08B
In 2022, Costa Rica's main importing competitors in Engine Parts were:

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Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $794k
TOP IMPORT POTENTIALChina+ $2.26M

Engine Parts’s highest export potential is United States. With an export gap of $794k.   Engine Parts’s highest import potential is China with an import gap of $2.26M.

See methodology.

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