2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
GDP PC 
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC
$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH
47.7%CURRENT US$
Rnk 38 / 186

About

Costa Rica-El Salvador Trade: In 2022, Costa Rica exported $383M to El Salvador. The main products that Costa Rica exported to El Salvador were Other Edible Preparations ($51.5M), Sauces and Seasonings ($19.8M), and Insulated Wire ($18.2M). Over the past 5 years the exports of Costa Rica to El Salvador have increased at an annualized rate of 5.77%, from $290M in 2017 to $383M in 2022.

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

El Salvador-Costa Rica Trade: In 2022, El Salvador exported $304M to Costa Rica. The main products that El Salvador exported to Costa Rica were Toilet Paper ($70M), Plastic Lids ($33.7M), and Processed Fish ($19.3M). Over the past 5 years the exports of El Salvador to Costa Rica have increased at an annualized rate of 2.59%,  from $267M in 2017 to $304M in 2022.

In 2022, El Salvador 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, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $383M to El Salvador. The main products exported from Costa Rica to El Salvador were Other Edible Preparations ($51.5M), Sauces and Seasonings ($19.8M), and Insulated Wire ($18.2M). During the last 5 years the exports of Costa Rica to El Salvador have increased at an annualized rate of 5.77%, from $290M in 2017 to $383M in 2022.

In 2017, El Salvador exported $304M to Costa Rica. The main products exported from El Salvador to Costa Rica were Toilet Paper ($70M), Plastic Lids ($33.7M), and Processed Fish ($19.3M). During the last 5 years the exports of El Salvador to Costa Rica have increased at an annualized rate of 2.59%, from $267M in 2022 to $304M in 2017.

Exports from Costa Rica (Flag) to El Salvador (Flag) (2022)

Exports from El Salvador (Flag) to Costa Rica (Flag) (2022)

Latest Data

Trade between Costa Rica (Flag) and El Salvador (Flag)

Costa Rica Exports

El Salvador Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
El Salvador
Top Destination
United States$2.87B

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

In 2022, countries that imported more from Costa Rica than El Salvador included United States ($6.83B), Netherlands ($1.22B), and Belgium ($775M).

In 2022, countries that imported more from El Salvador than Costa Rica included Honduras ($1.18B), Guatemala ($1.21B), and Belize ($21.6M).

Difference in imports from El Salvador (Flag) and Costa Rica (Flag) (2022)

Comparative Advantage Costa Rica - El Salvador

Flow
Scale

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

During 2022, Costa Rica had a large net trade with El Salvador in the exports of Foodstuffs ($123M), Chemical Products ($49.3M), and Metals ($39.7M).

During 2017, El Salvador had a large net trade with Costa Rica in the exports of Paper Goods ($94.5M), Plastics and Rubbers ($57.2M), and Foodstuffs ($43.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica El Salvador+$1.51MMedical Instruments
Top Product Potential El Salvador Costa Rica+$3.07MRefined Petroleum

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 El Salvador. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over El Salvador. Similarly, a dot/product with the flag of El Salvador indicates it has a comparative advantage over Costa Rica.

Product Space of Costa Rica (Flag) and El Salvador (Flag) (2022)

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