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Pricing

2022
Flag → Flag
Exports $50.5MRnk 39 / 178
2022
Flag → Flag
Top Product $7.6MOther Edible Preparations
2022
Flag → Flag
Exports $309MRnk 28 / 185
2022
Flag → Flag
Top Product $67.3MCopper Wire
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 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$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

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.

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 3.47%,  from $252M in 2017 to $309M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $50.5M in 2022.

In 2017, 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 3.47%, from $252M in 2022 to $309M in 2017.

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

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

Latest Data

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

Costa Rica Exports

Chile Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Costa Rica - Chile

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Chile in the exports of Chemical Products ($14.2M), Foodstuffs ($10.8M), and Instruments ($7.88M).

During 2017, 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).

Potential Exports

Potential Exports

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

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

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

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