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The fastest growing export markets for Metalworking Machine Parts of Costa Rica between 2021 and 2022 were Nicaragua ($46.2k), Japan ($37.8k), and Malaysia ($23.9k).

The fastest growing import markets in Metalworking Machine Parts for Costa Rica between 2021 and 2022 were Singapore ($532k), Mexico ($355k), and China ($298k).

Historical Data

Trade Balance

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In N/A, Costa Rica imported N/A in Metalworking Machine Parts, mainly from United States ($5.99M), Malaysia ($1.44M), Singapore ($654k), China ($617k), and Mexico ($464k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Nicaragua$46.2k (201%)
Japan$37.8k (1%)
Malaysia$23.9k (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Costa Rica WERE (2021 - 2022):
Costa Rica-$114k (-80.7%)
Guatemala-$65.8k (-77.1%)
Canada-$12.3k (-88.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Metalworking Machine Parts were:

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Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $400k
TOP IMPORT POTENTIALChina+ $725k

Metalworking Machine Parts’s highest export potential is United States. With an export gap of $400k.   Metalworking Machine Parts’s highest import potential is China with an import gap of $725k.

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