2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
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GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
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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
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

Costa Rica-United Kingdom In 2022, Costa Rica exported $335M to United Kingdom. The main products that Costa Rica exported to United Kingdom are Bananas ($107M), Orthopedic Appliances ($61.2M), and Tropical Fruits ($52.7M). During the last 27 years the exports of Costa Rica to United Kingdom have increased at an annualized rate of 4.07%, from $114M in 1995 to $335M in 2022.

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

United Kingdom-Costa Rica In 2022, United Kingdom exported $113M to Costa Rica. The main products that United Kingdom exported to Costa Rica were Cars ($23.2M), Hard Liquor ($9.09M), and Machinery Having Individual Functions ($5.03M). During the last 27 years the exports of United Kingdom to Costa Rica have increased at an annualized rate of 3.9%, from $40.2M in 1995 to $113M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $335M to United Kingdom. The main products exported from Costa Rica to United Kingdom were Bananas ($107M), Orthopedic Appliances ($61.2M), and Tropical Fruits ($52.7M). During the last 27 years the exports of Costa Rica to United Kingdom have increased at an annualized rate of 4.07%, from $114M in 1995 to $335M in 2022.

In 2022, United Kingdom exported $113M to Costa Rica. The main products exported from United Kingdom to Costa Rica were Cars ($23.2M), Hard Liquor ($9.09M), and Machinery Having Individual Functions ($5.03M). During the last 13 years the exports of United Kingdom to Costa Rica have increased at an annualized rate of 1.82%, from $48.3k in 2008 to $113M in 2022.

Exports from Costa Rica (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Costa Rica (Flag) (2022)

Latest Data

Trade between Costa Rica (Flag) and United Kingdom (Flag)

Costa Rica Exports

United Kingdom Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
United Kingdom
Top Destination
United States$61.8B

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

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

In 2021, countries that imported more from United Kingdom than Costa Rica were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

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

Comparative Advantage Costa Rica - United Kingdom

Flow
Scale

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

During 2022, Costa Rica had a large net trade with United Kingdom in the exports of Vegetable Products ($184M), Instruments ($98.3M), and Foodstuffs ($18.3M).

During 2022, United Kingdom had a large net trade with Costa Rica in the exports of Transportation ($27.2M), Chemical Products ($20M), and Machines ($19.9M).

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 United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Costa Rica.

Product Space of Costa Rica (Flag) and United Kingdom (Flag) (2022)

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