2022
Exports
$304kWorld Rnk 85 / 178
Flag Rnk 508 / 1045
2022
PRODUCT COMPLEXITY IN Precious Metal Watches
0.4Rnk 410 / 1025
2022
Imports
$5.21MWorld Rnk 84 / 208
Flag Rnk 445 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $304k in Precious Metal Watches, making it the 85th largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 508th most exported product in Costa Rica. The main destination of Precious Metal Watches exports from Costa Rica are: United States ($261k), Singapore ($35.3k), Panama ($3.52k), Austria ($3.38k), and Nicaragua ($207).

The fastest growing export markets for Precious Metal Watches of Costa Rica between 2021 and 2022 were United States ($39.2k), Singapore ($35.3k), and Austria ($3.38k).

Imports In 2022, Costa Rica imported $5.21M in Precious Metal Watches, becoming the 84th largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 445th most imported product in Costa Rica. Costa Rica imports Precious Metal Watches primarily from: Switzerland ($4.61M), China ($280k), Hong Kong ($113k), Panama ($93.5k), and United States ($48.5k).

The fastest growing import markets in Precious Metal Watches for Costa Rica between 2021 and 2022 were Switzerland ($926k), China ($95.6k), and Panama ($82.4k).

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 Precious Metal Watches. 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)$304k
IMPORTS (2022)$5.21M
NET TRADE (2022)-$4.9M

In 2022, Costa Rica exported $304k in Precious Metal Watches. The main destinations of Costa Rica exports on Precious Metal Watches were United States ($261k), Singapore ($35.3k), Panama ($3.52k), Austria ($3.38k), and Nicaragua ($207).

In 2022, Costa Rica imported $5.21M in Precious Metal Watches, mainly from Switzerland ($4.61M), China ($280k), Hong Kong ($113k), Panama ($93.5k), and United States ($48.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
United States$39.2k (17.6%)
Singapore$35.3k (1%)
Austria$3.38k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Costa Rica WERE (2021 - 2022):
Panama-$15.3k (-81.3%)
Peru-$12k (-100%)
Mexico-$4.63k (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Precious Metal Watches were:
In 2022, Costa Rica's main importing competitors in Precious Metal Watches were:

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Trade Value of Precious Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $222k
TOP IMPORT POTENTIALChina+ $127k

Precious Metal Watches’s highest export potential is United States. With an export gap of $222k.   Precious Metal Watches’s highest import potential is China with an import gap of $127k.

See methodology.

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