2022
Exports
$573kWorld Rnk 76 / 178
Flag Rnk 417 / 1045
2022
PRODUCT COMPLEXITY IN Soil Preparation Machinery
0.69Rnk 279 / 1025
2022
Imports
$3.14MWorld Rnk 114 / 211
Flag Rnk 536 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $573k in Soil Preparation Machinery, making it the 76th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 417th most exported product in Costa Rica. The main destination of Soil Preparation Machinery exports from Costa Rica are: Nicaragua ($168k), United States ($146k), Honduras ($74.2k), Panama ($66.5k), and Jamaica ($29.6k).

The fastest growing export markets for Soil Preparation Machinery of Costa Rica between 2021 and 2022 were Nicaragua ($128k), Philippines ($25.2k), and Jamaica ($23.7k).

Imports In 2022, Costa Rica imported $3.14M in Soil Preparation Machinery, becoming the 114th largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 536th most imported product in Costa Rica. Costa Rica imports Soil Preparation Machinery primarily from: Brazil ($1.31M), Italy ($349k), United States ($338k), Spain ($303k), and Mexico ($232k).

The fastest growing import markets in Soil Preparation Machinery for Costa Rica between 2021 and 2022 were Mexico ($170k), Brazil ($132k), and Spain ($90.3k).

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 Soil Preparation Machinery. 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)$573k
IMPORTS (2022)$3.14M
NET TRADE (2022)-$2.57M

In 2022, Costa Rica exported $573k in Soil Preparation Machinery. The main destinations of Costa Rica exports on Soil Preparation Machinery were Nicaragua ($168k), United States ($146k), Honduras ($74.2k), Panama ($66.5k), and Jamaica ($29.6k).

In 2022, Costa Rica imported $3.14M in Soil Preparation Machinery, mainly from Brazil ($1.31M), Italy ($349k), United States ($338k), Spain ($303k), and Mexico ($232k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soil Preparation Machinery EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Nicaragua$128k (319%)
Philippines$25.2k (1%)
Jamaica$23.7k (402%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soil Preparation Machinery BY Costa Rica WERE (2021 - 2022):
United States-$69.9k (-32.3%)
Ecuador-$66.3k (-97.4%)
Guatemala-$20.5k (-69.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Soil Preparation Machinery were:
Germany $2.11B
China $1.21B
Italy $1.12B
In 2022, Costa Rica's main importing competitors in Soil Preparation Machinery were:

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Trade Value of Soil Preparation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $205k
TOP IMPORT POTENTIALUnited States+ $267k

Soil Preparation Machinery’s highest export potential is United States. With an export gap of $205k.   Soil Preparation Machinery’s highest import potential is United States with an import gap of $267k.

See methodology.

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