2022
Exports
$175kWorld Rnk 77 / 148
Flag Rnk 576 / 1045
2022
PRODUCT COMPLEXITY IN Rock Wool
0.63Rnk 307 / 1025
2022
Imports
$4.49MWorld Rnk 80 / 215
Flag Rnk 467 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $175k in Rock Wool, making it the 77th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 576th most exported product in Costa Rica. The main destination of Rock Wool exports from Costa Rica are: Costa Rica ($142k), Guyana ($12.8k), Panama ($9.5k), Honduras ($3.5k), and El Salvador ($2.66k).

The fastest growing export markets for Rock Wool of Costa Rica between 2021 and 2022 were Costa Rica ($111k), Guyana ($12.8k), and Panama ($8.57k).

Imports In 2022, Costa Rica imported $4.49M in Rock Wool, becoming the 80th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 467th most imported product in Costa Rica. Costa Rica imports Rock Wool primarily from: United States ($3.07M), Germany ($359k), Colombia ($329k), Mexico ($174k), and China ($147k).

The fastest growing import markets in Rock Wool for Costa Rica between 2021 and 2022 were Germany ($300k), Colombia ($268k), and Hungary ($138k).

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 Rock Wool. 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)$175k
IMPORTS (2022)$4.49M
NET TRADE (2022)-$4.32M

In 2022, Costa Rica exported $175k in Rock Wool. The main destinations of Costa Rica exports on Rock Wool were Costa Rica ($142k), Guyana ($12.8k), Panama ($9.5k), Honduras ($3.5k), and El Salvador ($2.66k).

In 2022, Costa Rica imported $4.49M in Rock Wool, mainly from United States ($3.07M), Germany ($359k), Colombia ($329k), Mexico ($174k), and China ($147k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Costa Rica$111k (360%)
Guyana$12.8k (1%)
Panama$8.57k (923%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY Costa Rica WERE (2021 - 2022):
Nicaragua-$23.1k (-97.5%)
Spain-$12.7k (-100%)
Canada-$8.23k (-80.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Rock Wool were:
In 2022, Costa Rica's main importing competitors in Rock Wool were:

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Trade Value of Rock Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.56k
TOP IMPORT POTENTIALGermany+ $190k

Rock Wool’s highest export potential is United States. With an export gap of $5.56k.   Rock Wool’s highest import potential is Germany with an import gap of $190k.

See methodology.

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