2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 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
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186

About

Costa Rica-Mexico In 2022, Costa Rica exported $397M to Mexico. The main products that Costa Rica exported to Mexico are Other Edible Preparations ($86.1M), Palm Oil ($80.4M), and Orthopedic Appliances ($45.7M). During the last 27 years the exports of Costa Rica to Mexico have increased at an annualized rate of 11.3%, from $22M in 1995 to $397M in 2022.

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

Mexico-Costa Rica In 2022, Mexico exported $1.03B to Costa Rica. The main products that Mexico exported to Costa Rica were Packaged Medicaments ($47.6M), Insulated Wire ($37.5M), and Animal Food ($31.1M). During the last 27 years the exports of Mexico to Costa Rica have increased at an annualized rate of 6.57%, from $186M in 1995 to $1.03B in 2022.

In 2022, Mexico 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, Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $397M to Mexico. The main products exported from Costa Rica to Mexico were Other Edible Preparations ($86.1M), Palm Oil ($80.4M), and Orthopedic Appliances ($45.7M). During the last 27 years the exports of Costa Rica to Mexico have increased at an annualized rate of 11.3%, from $22M in 1995 to $397M in 2022.

In 2022, Mexico exported $1.03B to Costa Rica. The main products exported from Mexico to Costa Rica were Packaged Medicaments ($47.6M), Insulated Wire ($37.5M), and Animal Food ($31.1M). During the last 27 years the exports of Mexico to Costa Rica have increased at an annualized rate of 6.57%, from $186M in 1995 to $1.03B in 2022.

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

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

Latest Data

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

Costa Rica Exports

Mexico Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Mexico
Top Destination
United States$421B

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

In 2021, countries that imported more from Costa Rica than Mexico were Haiti ($18.8M), Russia ($24.4M), and Libya ($8.47M).

In 2021, countries that imported more from Mexico than Costa Rica were United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Costa Rica - Mexico

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Mexico in the exports of Animal and Vegetable Bi-Products ($103M), Foodstuffs ($97.4M), and Machines ($74.1M).

During 2022, Mexico had a large net trade with Costa Rica in the exports of Chemical Products ($214M), Machines ($199M), and Foodstuffs ($135M).

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

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

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