2022
Exports
$11.8kWorld Rnk 93 / 119
Flag Rnk 843 / 1045
2022
PRODUCT COMPLEXITY IN Semi-Finished Iron
-0.88Rnk 800 / 1025
2022
Imports
$181MWorld Rnk 32 / 188
Flag Rnk 18 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $11.8k in Semi-Finished Iron, making it the 93rd largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 843rd most exported product in Costa Rica. The main destination of Semi-Finished Iron exports from Costa Rica are: United Arab Emirates ($6.32k), United States ($5.43k), and Nicaragua ($72).

The fastest growing export markets for Semi-Finished Iron of Costa Rica between 2021 and 2022 were Nicaragua ($72).

Imports In 2022, Costa Rica imported $181M in Semi-Finished Iron, becoming the 32nd largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 18th most imported product in Costa Rica. Costa Rica imports Semi-Finished Iron primarily from: Brazil ($61.4M), India ($42.7M), Ukraine ($31.5M), Indonesia ($22.1M), and United Arab Emirates ($18.7M).

The fastest growing import markets in Semi-Finished Iron for Costa Rica between 2021 and 2022 were Brazil ($61.4M), India ($42.7M), and Indonesia ($22.1M).

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 Semi-Finished Iron. 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)$11.8k
IMPORTS (2022)$181M
NET TRADE (2022)-$181M

In 2022, Costa Rica exported $11.8k in Semi-Finished Iron. The main destinations of Costa Rica exports on Semi-Finished Iron were United Arab Emirates ($6.32k), United States ($5.43k), and Nicaragua ($72).

In 2022, Costa Rica imported $181M in Semi-Finished Iron, mainly from Brazil ($61.4M), India ($42.7M), Ukraine ($31.5M), Indonesia ($22.1M), and United Arab Emirates ($18.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):Nicaragua$72 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY Costa Rica WERE (2021 - 2022):
United States-$50.3k (-90.2%)
United Arab Emirates-$21.4k (-77.2%)
Costa Rica-$21.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Semi-Finished Iron were:
Russia $8.38B
Oman $3.44B
Brazil $3.42B
In 2022, Costa Rica's main importing competitors in Semi-Finished Iron were:

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Trade Value of Semi-Finished Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.9k
TOP IMPORT POTENTIALMexico+ $2.84M

Semi-Finished Iron’s highest export potential is United States. With an export gap of $15.9k.   Semi-Finished Iron’s highest import potential is Mexico with an import gap of $2.84M.

See methodology.

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