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2022
Flag → Flag
Exports $6.83BRnk 1 / 178
2022
Flag → Flag
Top Product $2.93BMedical Instruments
2022
Flag → Flag
Exports $8.09BRnk 38 / 219
2022
Flag → Flag
Top Product $2.04BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Costa Rica-United States Trade: In 2022, Costa Rica exported $6.83B to United States. The main products that Costa Rica exported to United States were Medical Instruments ($2.93B), Orthopedic Appliances ($728M), and Tropical Fruits ($577M). Over the past 5 years the exports of Costa Rica to United States have increased at an annualized rate of 7.89%, from $4.67B in 2017 to $6.83B in 2022.

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

United States-Costa Rica Trade: In 2022, United States exported $8.09B to Costa Rica. The main products that United States exported to Costa Rica were Refined Petroleum ($2.04B), Medical Instruments ($488M), and Computers ($203M). Over the past 5 years the exports of United States to Costa Rica have increased at an annualized rate of 6.36%,  from $5.94B in 2017 to $8.09B in 2022.

In 2017, United States exported services to Costa Rica worth $1.87B, with Travel ($777M), Transportation ($426M), and Financial services ($239M) being the largest in terms of value.

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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $6.83B to United States. The main products exported from Costa Rica to United States were Medical Instruments ($2.93B), Orthopedic Appliances ($728M), and Tropical Fruits ($577M). During the last 5 years the exports of Costa Rica to United States have increased at an annualized rate of 7.89%, from $4.67B in 2017 to $6.83B in 2022.

In 2017, United States exported $8.09B to Costa Rica. The main products exported from United States to Costa Rica were Refined Petroleum ($2.04B), Medical Instruments ($488M), and Computers ($203M). During the last 5 years the exports of United States to Costa Rica have increased at an annualized rate of 6.36%, from $5.94B in 2022 to $8.09B in 2017.

Exports from Costa Rica (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Costa Rica (Flag) (2022)

Latest Data

Trade between Costa Rica (Flag) and United States (Flag)

Costa Rica Exports

United States Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Costa Rica than United States included Guam ($43.3k), Northern Mariana Islands ($14.6k), and North Korea ($6.45k).

In 2022, countries that imported more from United States than Costa Rica included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Costa Rica (Flag) (2022)

Comparative Advantage Costa Rica - United States

Flow
Scale

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

During 2022, Costa Rica had a large net trade with United States in the exports of Instruments ($3.84B), Vegetable Products ($1.41B), and Plastics and Rubbers ($412M).

During 2017, United States had a large net trade with Costa Rica in the exports of Mineral Products ($2.25B), Machines ($1.44B), and Plastics and Rubbers ($870M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica United States+$84.9MIntegrated Circuits
Top Product Potential United States Costa Rica+$38MCars

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

Product Space of Costa Rica (Flag) and United States (Flag) (2022)

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