2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Costa Rica-Germany In 2022, Costa Rica exported $270M to Germany. The main products that Costa Rica exported to Germany are Bananas ($51.3M), Orthopedic Appliances ($25.9M), and Palm Oil ($24.9M). During the last 27 years the exports of Costa Rica to Germany have increased at an annualized rate of 1.15%, from $198M in 1995 to $270M in 2022.

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

Germany-Costa Rica In 2022, Germany exported $374M to Costa Rica. The main products that Germany exported to Costa Rica were Cars ($36.5M), Copper Wire ($34.1M), and Vaccines, blood, antisera, toxins and cultures ($27.9M). During the last 27 years the exports of Germany to Costa Rica have increased at an annualized rate of 4.63%, from $110M in 1995 to $374M in 2022.

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

Comparison In 2022,  Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.31), and 82 in total exports ($17.2B). That same year, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $270M to Germany. The main products exported from Costa Rica to Germany were Bananas ($51.3M), Orthopedic Appliances ($25.9M), and Palm Oil ($24.9M). During the last 27 years the exports of Costa Rica to Germany have increased at an annualized rate of 1.15%, from $198M in 1995 to $270M in 2022.

In 2022, Germany exported $374M to Costa Rica. The main products exported from Germany to Costa Rica were Cars ($36.5M), Copper Wire ($34.1M), and Vaccines, blood, antisera, toxins and cultures ($27.9M). During the last 27 years the exports of Germany to Costa Rica have increased at an annualized rate of 4.63%, from $110M in 1995 to $374M in 2022.

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

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

Latest Data

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

Costa Rica Exports

Germany Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Germany
Top Destination
United States$153B

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

In 2021, countries that imported more from Costa Rica than Germany were Nicaragua ($593M), Guatemala ($821M), and Honduras ($517M).

In 2021, countries that imported more from Germany than Costa Rica were United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Costa Rica - Germany

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Germany in the exports of Vegetable Products ($97.6M), Instruments ($60M), and Machines ($43.7M).

During 2022, Germany had a large net trade with Costa Rica in the exports of Chemical Products ($84.3M), Machines ($76.9M), and Metals ($47M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Costa Rica has comparative advantage over Germany. Similarly, the more yellow a dot/product is, the more Germany has comparative advantage over Costa Rica.

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

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