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Pricing

2022
Flag → Flag
Exports $309MRnk 28 / 185
2022
Flag → Flag
Top Product $67.3MCopper Wire
2022
Flag → Flag
Exports $50.5MRnk 39 / 178
2022
Flag → Flag
Top Product $7.6MOther Edible Preparations
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 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 $15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

Chile-Costa Rica Trade: In 2022, Chile exported $309M to Costa Rica. The main products that Chile exported to Costa Rica were Copper Wire ($67.3M), Sawn Wood ($56.7M), and Small Iron Containers ($15.6M). Over the past 5 years the exports of Chile to Costa Rica have increased at an annualized rate of 4.18%, from $252M in 2017 to $309M in 2022.

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

Costa Rica-Chile Trade: In 2022, Costa Rica exported $50.5M to Chile. The main products that Costa Rica exported to Chile were Other Edible Preparations ($7.6M), Glues ($7.11M), and Frozen Fruits and Nuts ($4.61M). Over the past 5 years the exports of Costa Rica to Chile have increased at an annualized rate of 4.24%,  from $41M in 2017 to $50.5M in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Latest Trends

August, 2024

About

Overview In August 2024, Chile exported $34.2M and imported $2.86M from Costa Rica, resulting in a positive trade balance of $31.3M. Between August 2023 and August 2024 the exports of Chile have increased by $4.65M (15.7%) from $29.5M to $34.2M, while imports increased by $860k (42.9%) from $2M to $2.86M.

Trade In August 2024, the top exports of Chile to Costa Rica were Copper Wire ($10.3M), Sawn Wood ($3.05M), Pig Meat ($2.34M), Small Iron Containers ($1.57M), and Fish Fillets ($896k). In August 2024 the top imports of Chile from Costa Rica were Washing and Bottling Machines ($1.54M), Iron Springs ($549k), Transmissions ($487k), Insulated Wire ($457k), and Surveying Equipment ($312k).

Origins In August 2024 the exports of Chile were mainly from Cerrillos ($11.6M), Rancagua ($4.14M), Santiago ($2.89M), Las Condes ($2.86M), and Arauco ($2.74M), while imports destinations were mainly Las Condes ($1.53M), Lampa ($749k), Los Ángeles ($268k), Antofagasta ($107k), and Ñuñoa ($71.2k).

Growth In August 2024, the increase in Chile's year-by-year exports to Costa Rica was explained primarily by an increase in product exports in Copper Wire ($9.06M or 733%), Small Iron Containers ($1M or 178%), and Pig Meat ($875k or 59.6%). In August 2024, the increase in Chile's year-by-year imports  from Costa Rica was explained primarily by an increase in product imports  in Surveying Equipment ($308k or 7.05k%) and Other Animals ($3.13k or 487%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$4.65M(15.7%)
IMPORT GROWTH (August 2023 - August 2024)$860k(42.9%)
MAIN EXPORTER (August 2024)Cerrillos$11.6M

This section shows exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Chile over time.

To check Costa Rica and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Costa Rica and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $309M to Costa Rica. The main products exported from Chile to Costa Rica were Copper Wire ($67.3M), Sawn Wood ($56.7M), and Small Iron Containers ($15.6M). During the last 5 years the exports of Chile to Costa Rica have increased at an annualized rate of 4.18%, from $252M in 2017 to $309M in 2022.

In 2017, Costa Rica exported $50.5M to Chile. The main products exported from Costa Rica to Chile were Other Edible Preparations ($7.6M), Glues ($7.11M), and Frozen Fruits and Nuts ($4.61M). During the last 5 years the exports of Costa Rica to Chile have increased at an annualized rate of 4.24%, from $41M in 2022 to $50.5M in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Chile than Costa Rica included China ($38.5B), Japan ($7.43B), and United States ($13.9B).

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

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

Comparative Advantage Chile - Costa Rica

Flow
Scale

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

During 2022, Chile had a large net trade with Costa Rica in the exports of Metals ($89.8M), Wood Products ($66.2M), and Animal Products ($40.2M).

During 2017, Costa Rica had a large net trade with Chile in the exports of Chemical Products ($14.2M), Foodstuffs ($10.8M), and Instruments ($7.88M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Costa Rica+$991kPackaged Medicaments
Top Product Potential Costa Rica Chile+$6.14MMedical Instruments

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

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

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