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
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 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
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186

About

Costa Rica-Guatemala In 2022, Costa Rica exported $821M to Guatemala. The main products that Costa Rica exported to Guatemala are Other Edible Preparations ($159M), Sauces and Seasonings ($52.5M), and Non-Retail Mixed Cotton Yarn ($39.6M). During the last 27 years the exports of Costa Rica to Guatemala have increased at an annualized rate of 7.78%, from $109M in 1995 to $821M in 2022.

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

Guatemala-Costa Rica In 2022, Guatemala exported $641M to Costa Rica. The main products that Guatemala exported to Costa Rica were Plastic Lids ($44.9M), Packaged Medicaments ($37.5M), and Pesticides ($37.3M). During the last 27 years the exports of Guatemala to Costa Rica have increased at an annualized rate of 6.67%, from $112M in 1995 to $641M in 2022.

In 2022, Guatemala 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, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.24), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $821M to Guatemala. The main products exported from Costa Rica to Guatemala were Other Edible Preparations ($159M), Sauces and Seasonings ($52.5M), and Non-Retail Mixed Cotton Yarn ($39.6M). During the last 27 years the exports of Costa Rica to Guatemala have increased at an annualized rate of 7.78%, from $109M in 1995 to $821M in 2022.

In 2022, Guatemala exported $641M to Costa Rica. The main products exported from Guatemala to Costa Rica were Plastic Lids ($44.9M), Packaged Medicaments ($37.5M), and Pesticides ($37.3M). During the last 27 years the exports of Guatemala to Costa Rica have increased at an annualized rate of 6.67%, from $112M in 1995 to $641M in 2022.

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

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

Latest Data

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

Costa Rica Exports

Guatemala Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Guatemala
Top Destination
United States$5.23B

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

In 2021, countries that imported more from Costa Rica than Guatemala were United States ($6.83B), Belgium ($775M), and Netherlands ($1.22B).

In 2021, countries that imported more from Guatemala than Costa Rica were El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

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

Comparative Advantage Costa Rica - Guatemala

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Guatemala in the exports of Foodstuffs ($283M), Paper Goods ($94.3M), and Chemical Products ($88.4M).

During 2022, Guatemala had a large net trade with Costa Rica in the exports of Chemical Products ($180M), Plastics and Rubbers ($116M), and Foodstuffs ($93.7M).

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

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

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