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2022
Flag → Flag
Exports $39.1MRnk 43 / 178
2022
Flag → Flag
Top Product $20.7MMedical Instruments
2022
Flag → Flag
Exports $632kRnk 136 / 219
2022
Flag → Flag
Top Product $18.7MSemi-Finished Iron
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 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$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Costa Rica-United Arab Emirates Trade: In 2022, Costa Rica exported $39.1M to United Arab Emirates. The main products that Costa Rica exported to United Arab Emirates were Medical Instruments ($20.7M), Orthopedic Appliances ($4.31M), and Other live plants, cuttings and slips; mushroom spawn ($1.13M). Over the past 5 years the exports of Costa Rica to United Arab Emirates have increased at an annualized rate of 22.1%, from $14.4M in 2017 to $39.1M in 2022.

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

United Arab Emirates-Costa Rica Trade: In 2022, United Arab Emirates exported $35.2M to Costa Rica. The main products that United Arab Emirates exported to Costa Rica were Semi-Finished Iron ($18.7M), Raw Plastic Sheeting ($2.86M), and Cars ($2.54M). Over the past 5 years the exports of United Arab Emirates to Costa Rica have increased at an annualized rate of 44.5%,  from $5.6M in 2017 to $35.2M in 2022.

In 2022, United Arab Emirates 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, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $39.1M to United Arab Emirates. The main products exported from Costa Rica to United Arab Emirates were Medical Instruments ($20.7M), Orthopedic Appliances ($4.31M), and Other live plants, cuttings and slips; mushroom spawn ($1.13M). During the last 6 years the exports of Costa Rica to United Arab Emirates have increased at an annualized rate of 38.2%, from $415k in 2016 to $39.1M in 2022.

In 2017, United Arab Emirates exported $35.2M to Costa Rica. The main products exported from United Arab Emirates to Costa Rica were Semi-Finished Iron ($18.7M), Raw Plastic Sheeting ($2.86M), and Cars ($2.54M). During the last 5 years the exports of United Arab Emirates to Costa Rica have increased at an annualized rate of 11.9%, from $1.19M in 2022 to $35.2M in 2017.

Exports from Costa Rica (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Costa Rica (Flag) (2022)

Latest Data

Trade between Costa Rica (Flag) and United Arab Emirates (Flag)

Costa Rica Exports

United Arab Emirates Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
United Arab Emirates
Top DestinationIndia$51B

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

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

In 2022, countries that imported more from United Arab Emirates than Costa Rica included India ($51B), Japan ($40.9B), and China ($32.5B).

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

Comparative Advantage Costa Rica - United Arab Emirates

Flow
Scale

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

During 2022, Costa Rica had a large net trade with United Arab Emirates in the exports of Instruments ($26.9M), Machines ($3.16M), and Vegetable Products ($3.16M).

During 2017, United Arab Emirates had a large net trade with Costa Rica in the exports of Metals ($19.9M), Plastics and Rubbers ($4.45M), and Transportation ($3.45M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica United Arab Emirates+$8.16MMedical Instruments
Top Product Potential United Arab Emirates Costa Rica+$3.26MCars

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

Product Space of Costa Rica (Flag) and United Arab Emirates (Flag) (2022)

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