Costa Rica (CRI) and China (CHN) Trade | The Observatory of Economic Complexity

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Costa Rica-China Trade: In 2022, Costa Rica exported $430M to China. The main products that Costa Rica exported to China were Medical Instruments ($156M), Frozen Bovine Meat ($95.7M), and Semiconductor Devices ($25.9M). Over the past 5 years the exports of Costa Rica to China have increased at an annualized rate of 13.8%, from $225M in 2017 to $430M in 2022.

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

China-Costa Rica Trade: In 2022, China exported $3.01B to Costa Rica. The main products that China exported to Costa Rica were Broadcasting Equipment ($150M), Cars ($128M), and Computers ($99.9M). Over the past 5 years the exports of China to Costa Rica have increased at an annualized rate of 9.05%, from $1.95B in 2017 to $3.01B in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Costa Rica exported $430M to China. The main products exported from Costa Rica to China were Medical Instruments ($156M), Frozen Bovine Meat ($95.7M), and Semiconductor Devices ($25.9M). During the last 5 years the exports of Costa Rica to China have increased at an annualized rate of 13.8%, from $225M in 2017 to $430M in 2022.

In 2017, China exported $3.01B to Costa Rica. The main products exported from China to Costa Rica were Broadcasting Equipment ($150M), Cars ($128M), and Computers ($99.9M). During the last 5 years the exports of China to Costa Rica have increased at an annualized rate of 9.05%, from $1.95B in 2022 to $3.01B in 2017.

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

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

Latest Data

Trade between Costa Rica () and China ()

Costa Rica Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

China
Top DestinationUnited States$551B

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

In 2022, countries that imported more from Costa Rica than China included Saint Martin ($342k), Guam ($43.3k), and Northern Mariana Islands ($14.6k).

In 2022, countries that imported more from China than Costa Rica included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Costa Rica - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Costa Rica had a large net trade with China in the exports of Instruments ($173M), Animal Products ($104M), and Machines ($84.3M).

During 2017, China had a large net trade with Costa Rica in the exports of Machines ($909M), Metals ($483M), and Transportation ($277M).

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 China+$109MMedical Instruments

Top Product Potential China Costa Rica+$86.8MTelephones

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Costa Rica () and China ()

Costa Rica Exports

China Exports

Market Competitiveness

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

Comparative Advantage Costa Rica - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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