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Pricing

2022
Flag → Flag
Exports $5.8MRnk 78 / 178
2022
Flag → Flag
Top Product $849kOpto-Electric Instrument Parts
2022
Flag → Flag
Exports $90.7MRnk 101 / 216
2022
Flag → Flag
Top Product $28.7MCars
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC $13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Costa Rica-Indonesia Trade: In 2022, Costa Rica exported $5.8M to Indonesia. The main products that Costa Rica exported to Indonesia were Opto-Electric Instrument Parts ($849k), Medical Instruments ($740k), and Low-voltage Protection Equipment ($642k). Over the past 5 years the exports of Costa Rica to Indonesia have decreased at an annualized rate of 17.9%, from $15.5M in 2017 to $5.8M in 2022.

In 2022, Costa Rica did not export any services to Indonesia.

Indonesia-Costa Rica Trade: In 2022, Indonesia exported $90.7M to Costa Rica. The main products that Indonesia exported to Costa Rica were Cars ($28.7M), Semi-Finished Iron ($22.1M), and Non-fillet Frozen Fish ($5.36M). Over the past 5 years the exports of Indonesia to Costa Rica have increased at an annualized rate of 22.8%,  from $32.5M in 2017 to $90.7M in 2022.

In 2022, Indonesia did not export any services to Costa Rica.

Comparison: In 2022,  Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B). That same year, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $5.8M to Indonesia. The main products exported from Costa Rica to Indonesia were Opto-Electric Instrument Parts ($849k), Medical Instruments ($740k), and Low-voltage Protection Equipment ($642k). During the last 5 years the exports of Costa Rica to Indonesia have decreased at an annualized rate of 17.9%, from $15.5M in 2017 to $5.8M in 2022.

In 2017, Indonesia exported $90.7M to Costa Rica. The main products exported from Indonesia to Costa Rica were Cars ($28.7M), Semi-Finished Iron ($22.1M), and Non-fillet Frozen Fish ($5.36M). During the last 5 years the exports of Indonesia to Costa Rica have increased at an annualized rate of 22.8%, from $32.5M in 2022 to $90.7M in 2017.

Exports from Costa Rica (Flag) to Indonesia (Flag) (2022)

Exports from Indonesia (Flag) to Costa Rica (Flag) (2022)

Latest Data

Trade between Costa Rica (Flag) and Indonesia (Flag)

Costa Rica Exports

Indonesia Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
Indonesia
Top DestinationChina$67.7B

This map shows whether countries import more from Costa Rica or Indonesia. Each country is colored based on the difference in imports they receive from Costa Rica and Indonesia or the difference in the growth in imports.

In 2022, countries that imported more from Costa Rica than Indonesia included Guatemala ($821M), Nicaragua ($593M), and Panama ($564M).

In 2022, countries that imported more from Indonesia than Costa Rica included China ($67.7B), Japan ($26.6B), and India ($25.3B).

Difference in imports from Indonesia (Flag) and Costa Rica (Flag) (2022)

Comparative Advantage Costa Rica - Indonesia

Flow
Scale

This chart compares trade between Costa Rica and Indonesia by product, considering products traded by both, Costa Rica and Indonesia.

During 2022, Costa Rica had a large net trade with Indonesia in the exports of Machines ($2.39M), Instruments ($2.11M), and Plastics and Rubbers ($421k).

During 2017, Indonesia had a large net trade with Costa Rica in the exports of Transportation ($30.9M), Metals ($23.6M), and Machines ($6.71M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Indonesia+$3.32MMedical Instruments
Top Product Potential Indonesia Costa Rica+$8.79MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Costa Rica and Indonesia. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Indonesia. Similarly, a dot/product with the flag of Indonesia indicates it has a comparative advantage over Costa Rica.

Product Space of Costa Rica (Flag) and Indonesia (Flag) (2022)

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