2022
Exports
$129MWorld Rnk 20 / 183
Flag Rnk 18 / 1045
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances
0.48Rnk 372 / 1025
2022
Imports
$26.4MWorld Rnk 57 / 221
Flag Rnk 167 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $129M in Therapeutic Appliances, making it the 20th largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 18th most exported product in Costa Rica. The main destination of Therapeutic Appliances exports from Costa Rica are: United States ($102M), Brazil ($6.59M), Japan ($5.38M), Canada ($2.95M), and Singapore ($2.83M).

The fastest growing export markets for Therapeutic Appliances of Costa Rica between 2021 and 2022 were Brazil ($5.07M), Japan ($3.03M), and Singapore ($1.67M).

Imports In 2022, Costa Rica imported $26.4M in Therapeutic Appliances, becoming the 57th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 167th most imported product in Costa Rica. Costa Rica imports Therapeutic Appliances primarily from: United States ($10.5M), Mexico ($5.59M), China ($5.44M), Germany ($778k), and New Zealand ($735k).

The fastest growing import markets in Therapeutic Appliances for Costa Rica between 2021 and 2022 were Mexico ($2.92M), United States ($2.27M), and China ($1.25M).

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 Therapeutic Appliances. 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)$129M
IMPORTS (2022)$26.4M
NET TRADE (2022)$102M

In 2022, Costa Rica exported $129M in Therapeutic Appliances. The main destinations of Costa Rica exports on Therapeutic Appliances were United States ($102M), Brazil ($6.59M), Japan ($5.38M), Canada ($2.95M), and Singapore ($2.83M).

In 2022, Costa Rica imported $26.4M in Therapeutic Appliances, mainly from United States ($10.5M), Mexico ($5.59M), China ($5.44M), Germany ($778k), and New Zealand ($735k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Brazil$5.07M (335%)
Japan$3.03M (129%)
Singapore$1.67M (143%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY Costa Rica WERE (2021 - 2022):
Canada-$1.67M (-36.1%)
Saudi Arabia-$1.59M (-100%)
Switzerland-$641k (-95.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $6.23M
TOP IMPORT POTENTIALChina+ $2.31M

Therapeutic Appliances’s highest export potential is United States. With an export gap of $6.23M.   Therapeutic Appliances’s highest import potential is China with an import gap of $2.31M.

See methodology.

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