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Pricing

2022
Flag → Flag
Exports $4.46MRnk 118 / 196
2022
Flag → Flag
Top Product $481kWood Fiberboard
2022
Flag → Flag
Exports $325Rnk 60 / 178
2022
Flag → Flag
Top Product $13MBananas
2022
Flag
Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
 GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC $15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186
2022
Flag
GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

Romania-Costa Rica Trade: In 2022, Romania exported $4.46M to Costa Rica. The main products that Romania exported to Costa Rica were Wood Fiberboard ($481k), Processed Tobacco ($421k), and Lifting Machinery ($356k). Over the past 5 years the exports of Romania to Costa Rica have increased at an annualized rate of 2.69%, from $3.91M in 2017 to $4.46M in 2022.

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

Costa Rica-Romania In N/A, Costa Rica did not export any products to Romania.

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

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Historical Data

Latest Data

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

Romania Exports

Costa Rica Exports

Market Competitiveness

Color
Romania
Top DestinationGermany$18.8B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Romania than Costa Rica included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Romania Costa Rica+$560kPackaged Medicaments
Top Product Potential Costa Rica Romania+$1.06MCoffee

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 Romania and Costa Rica. This means that a dot/product with the flag of Romania 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 Romania.

Product Space of Romania (Flag) and Costa Rica (Flag) (NaN)

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