Costa Rica (CRI) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Costa Rica-Chinese Taipei Trade: In 2022, Costa Rica exported $69.5M to Chinese Taipei. The main products that Costa Rica exported to Chinese Taipei were Medical Instruments ($13.7M), Scrap Iron ($13.5M), and Low-voltage Protection Equipment ($6.42M). Over the past 5 years the exports of Costa Rica to Chinese Taipei have increased at an annualized rate of 7.61%, from $48.2M in 2017 to $69.5M in 2022.

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

Chinese Taipei-Costa Rica Trade: In 2022, Chinese Taipei exported $156M to Costa Rica. The main products that Chinese Taipei exported to Costa Rica were Polyacetals ($19.8M), Integrated Circuits ($7.69M), and Motor vehicles; parts and accessories (8701 to 8705) ($4.53M). Over the past 5 years the exports of Chinese Taipei to Costa Rica have increased at an annualized rate of 7.36%, from $110M in 2017 to $156M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Costa Rica exported $69.5M to Chinese Taipei. The main products exported from Costa Rica to Chinese Taipei were Medical Instruments ($13.7M), Scrap Iron ($13.5M), and Low-voltage Protection Equipment ($6.42M). During the last 5 years the exports of Costa Rica to Chinese Taipei have increased at an annualized rate of 7.61%, from $48.2M in 2017 to $69.5M in 2022.

In 2017, Chinese Taipei exported $156M to Costa Rica. The main products exported from Chinese Taipei to Costa Rica were Polyacetals ($19.8M), Integrated Circuits ($7.69M), and Motor vehicles; parts and accessories (8701 to 8705) ($4.53M). During the last 5 years the exports of Chinese Taipei to Costa Rica have increased at an annualized rate of 7.36%, from $110M in 2022 to $156M in 2017.

Exports from Costa Rica () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Costa Rica () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Costa Rica than Chinese Taipei included Nicaragua ($593M), Guatemala ($821M), and Honduras ($517M).

In 2022, countries that imported more from Chinese Taipei than Costa Rica included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Costa Rica had a large net trade with Chinese Taipei in the exports of Metals ($19.9M), Instruments ($18.9M), and Machines ($15.4M).

During 2017, Chinese Taipei had a large net trade with Costa Rica in the exports of Machines ($44.6M), Plastics and Rubbers ($43.4M), and Metals ($13.7M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Costa Rica () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Costa Rica () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Costa Rica () and Chinese Taipei () (2022)

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