Costa Rica (CRI) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Costa Rica-Switzerland Trade: In 2022, Costa Rica exported $81M to Switzerland. The main products that Costa Rica exported to Switzerland were Coffee ($50M), Tropical Fruits ($10.2M), and Medical Instruments ($5.1M). Over the past 5 years the exports of Costa Rica to Switzerland have increased at an annualized rate of 3.72%, from $67.5M in 2017 to $81M in 2022.

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

Switzerland-Costa Rica Trade: In 2022, Switzerland exported $232M to Costa Rica. The main products that Switzerland exported to Costa Rica were Vaccines, blood, antisera, toxins and cultures ($126M), Medical Instruments ($31.8M), and Packaged Medicaments ($23.9M). Over the past 5 years the exports of Switzerland to Costa Rica have increased at an annualized rate of 3.51%, from $195M in 2017 to $232M in 2022.

In 2022, Switzerland 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, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Costa Rica exported $81M to Switzerland. The main products exported from Costa Rica to Switzerland were Coffee ($50M), Tropical Fruits ($10.2M), and Medical Instruments ($5.1M). During the last 5 years the exports of Costa Rica to Switzerland have increased at an annualized rate of 3.72%, from $67.5M in 2017 to $81M in 2022.

In 2017, Switzerland exported $232M to Costa Rica. The main products exported from Switzerland to Costa Rica were Vaccines, blood, antisera, toxins and cultures ($126M), Medical Instruments ($31.8M), and Packaged Medicaments ($23.9M). During the last 5 years the exports of Switzerland to Costa Rica have increased at an annualized rate of 3.51%, from $195M in 2022 to $232M in 2017.

Exports from Costa Rica () to Switzerland () (2022)

Exports from Switzerland () to Costa Rica () (2022)

Latest Data

Trade between Costa Rica () and Switzerland ()

Costa Rica Exports

Date

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

Switzerland
Top DestinationUnited States$61.7B

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

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

In 2022, countries that imported more from Switzerland than Costa Rica included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

Difference in imports from Switzerland () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Costa Rica had a large net trade with Switzerland in the exports of Vegetable Products ($62.8M), Instruments ($7.07M), and Foodstuffs ($4.76M).

During 2017, Switzerland had a large net trade with Costa Rica in the exports of Chemical Products ($160M), Instruments ($46.7M), and Machines ($10M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Costa Rica Switzerland+$8.4MMedical Instruments

Top Product Potential Switzerland Costa Rica+$14.8MPackaged Medicaments

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

Year

This visualization shows the product space at the HS4 level with the flags of Costa Rica and Switzerland. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Switzerland. Similarly, a dot/product with the flag of Switzerland indicates it has a comparative advantage over Costa Rica.

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Historical Data

Bilateral Trade by Products

Exports from Costa Rica () to Switzerland () (2022)

Exports from Switzerland () to Costa Rica () (2022)

Latest Data

Trade between Costa Rica () and Switzerland ()

Costa Rica Exports

Switzerland Exports

Market Competitiveness

Difference in imports from Switzerland () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Switzerland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Costa Rica () and Switzerland () (2022)

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