2022
Exports
$116kWorld Rnk 69 / 166
Flag Rnk 629 / 1045
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 87 / 1025
2022
Imports
$994kWorld Rnk 89 / 214
Flag Rnk 750 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $116k in Soldering and Welding Machinery, making it the 69th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 629th most exported product in Costa Rica. The main destination of Soldering and Welding Machinery exports from Costa Rica are: Switzerland ($30k), Netherlands ($28.6k), Singapore ($18.5k), Poland ($10.3k), and United States ($9.35k).

The fastest growing export markets for Soldering and Welding Machinery of Costa Rica between 2021 and 2022 were Singapore ($18.5k), United States ($8.81k), and United Kingdom ($3.09k).

Imports In 2022, Costa Rica imported $994k in Soldering and Welding Machinery, becoming the 89th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 750th most imported product in Costa Rica. Costa Rica imports Soldering and Welding Machinery primarily from: United States ($548k), China ($227k), Panama ($71.5k), Mexico ($33.6k), and Chinese Taipei ($21.6k).

The fastest growing import markets in Soldering and Welding Machinery for Costa Rica between 2021 and 2022 were Panama ($32.9k), China ($27.3k), and Guatemala ($13.8k).

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 Soldering and Welding 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)$116k
IMPORTS (2022)$994k
NET TRADE (2022)-$878k

In 2022, Costa Rica exported $116k in Soldering and Welding Machinery. The main destinations of Costa Rica exports on Soldering and Welding Machinery were Switzerland ($30k), Netherlands ($28.6k), Singapore ($18.5k), Poland ($10.3k), and United States ($9.35k).

In 2022, Costa Rica imported $994k in Soldering and Welding Machinery, mainly from United States ($548k), China ($227k), Panama ($71.5k), Mexico ($33.6k), and Chinese Taipei ($21.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Singapore$18.5k (462k%)
United States$8.81k (1.62k%)
United Kingdom$3.09k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Costa Rica WERE (2021 - 2022):
China-$316k (-99.1%)
Switzerland-$4.56k (-13.2%)
Slovakia-$2.91k (-74.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Costa Rica's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $18.6k
TOP IMPORT POTENTIALChina+ $96.9k

Soldering and Welding Machinery’s highest export potential is United States. With an export gap of $18.6k.   Soldering and Welding Machinery’s highest import potential is China with an import gap of $96.9k.

See methodology.

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