2022
Flag  
GDP
$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
 GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC 
$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

Morocco-Costa Rica Trade: In 2022, Morocco exported $6.39M to Costa Rica. The main products that Morocco exported to Costa Rica were Non-Knit Women's Suits ($1.31M), Non-fillet Frozen Fish ($964k), and Non-Knit Women's Shirts ($487k). Over the past 5 years the exports of Morocco to Costa Rica have increased at an annualized rate of 1.91%, from $5.81M in 2017 to $6.39M in 2022.

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

Costa Rica-Morocco Trade: In 2022, Costa Rica exported $13.5M to Morocco. The main products that Costa Rica exported to Morocco were Insulated Wire ($6.19M), Bananas ($3.01M), and Palm Oil ($1.44M). Over the past 5 years the exports of Costa Rica to Morocco have increased at an annualized rate of 46.2%,  from $2.02M in 2017 to $13.5M in 2022.

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

Comparison: In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $6.39M to Costa Rica. The main products exported from Morocco to Costa Rica were Non-Knit Women's Suits ($1.31M), Non-fillet Frozen Fish ($964k), and Non-Knit Women's Shirts ($487k). During the last 5 years the exports of Morocco to Costa Rica have increased at an annualized rate of 1.91%, from $5.81M in 2017 to $6.39M in 2022.

In 2017, Costa Rica exported $13.5M to Morocco. The main products exported from Costa Rica to Morocco were Insulated Wire ($6.19M), Bananas ($3.01M), and Palm Oil ($1.44M). During the last 5 years the exports of Costa Rica to Morocco have increased at an annualized rate of 46.2%, from $2.02M in 2022 to $13.5M in 2017.

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

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

Latest Data

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

Morocco Exports

Costa Rica Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$8.55B
Costa Rica
Top Destination
United States$6.83B

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

In 2022, countries that imported more from Morocco than Costa Rica included Spain ($8.55B), France ($7.92B), and India ($2.99B).

In 2022, countries that imported more from Costa Rica than Morocco included United States ($6.83B), Guatemala ($821M), and Nicaragua ($593M).

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

Comparative Advantage Morocco - Costa Rica

Flow
Scale

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

During 2022, Morocco had a large net trade with Costa Rica in the exports of Textiles ($4.46M), Animal Products ($964k), and Foodstuffs ($471k).

During 2017, Costa Rica had a large net trade with Morocco in the exports of Machines ($6.25M), Vegetable Products ($4.95M), and Animal and Vegetable Bi-Products ($1.44M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Costa Rica+$1.29MNon-Knit Women's Suits
Top Product Potential Costa Rica Morocco+$2.03MTropical Fruits

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

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

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