2023
Flag  
GDP
$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH
69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
 GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC 
$16,942CURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP PC GROWTH
56.8%CURRENT US$
Rnk 34 / 195
2023
Flag
GDP PC
$21,865CURRENT US$
Rnk 60 / 196
2013-2023
Flag
GDP PC GROWTH
54.7%CURRENT US$
Rnk 41 / 195

About

Costa Rica-Croatia Trade: In 2023, Costa Rica exported $1.74M to Croatia. The main products that Costa Rica exported to Croatia were Bananas ($1.23M), Tropical Fruits ($173k), and Coffee ($137k). Over the past 5 years the exports of Costa Rica to Croatia have decreased at an annualized rate of 9.95%, from $2.94M in 2018 to $1.74M in 2023.

In 2023, Costa Rica did not export any services to Croatia.

Croatia-Costa Rica Trade: In 2023, Croatia exported $478k to Costa Rica. The main products that Croatia exported to Costa Rica were Leather Footwear ($141k), Shaped Paper ($67k), and Handguns ($56.7k). Over the past 5 years the exports of Croatia to Costa Rica have increased at an annualized rate of 16.9%,  from $219k in 2018 to $478k in 2023.

In 2023, Croatia did not export any services to Costa Rica.

Comparison: In 2023,  Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Costa Rica exported $1.74M to Croatia. The main products exported from Costa Rica to Croatia were Bananas ($1.23M), Tropical Fruits ($173k), and Coffee ($137k). During the last 5 years the exports of Costa Rica to Croatia have decreased at an annualized rate of 9.95%, from $2.94M in 2018 to $1.74M in 2023.

In 2018, Croatia exported $478k to Costa Rica. The main products exported from Croatia to Costa Rica were Leather Footwear ($141k), Shaped Paper ($67k), and Handguns ($56.7k). During the last 5 years the exports of Croatia to Costa Rica have increased at an annualized rate of 16.9%, from $219k in 2023 to $478k in 2018.

Exports from Costa Rica (Flag) to Croatia (Flag) (2023)

Exports from Croatia (Flag) to Costa Rica (Flag) (2023)

Latest Data

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

Costa Rica Exports

Croatia Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$9.5B
Croatia
Top Destination
Italy$3.05B

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

In 2023, countries that imported more from Costa Rica than Croatia included United States ($9.5B), Netherlands ($1.52B), and China ($1.17B).

In 2023, countries that imported more from Croatia than Costa Rica included Italy ($3.05B), Slovenia ($2.45B), and Germany ($2.58B).

Difference in imports from Croatia (Flag) and Costa Rica (Flag) (2023)

Comparative Advantage Costa Rica - Croatia

Flow
Scale

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

During 2023, Costa Rica had a large net trade with Croatia in the exports of Vegetable Products ($1.58M), Machines ($96k), and Instruments ($37.5k).

During 2018, Croatia had a large net trade with Costa Rica in the exports of Footwear and Headwear ($157k), Paper Goods ($75.4k), and Weapons ($57.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Croatia+$523kBananas
Top Product Potential Croatia Costa Rica+$58.8kLeather Footwear

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

Product Space of Costa Rica (Flag) and Croatia (Flag) (2023)

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