NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $189MRnk 22 / 172
2023
Flag → Flag
Top Product $136MIntegrated Circuits
2023
Flag → Flag
Exports $106MRnk 91 / 221
2023
Flag → Flag
Top Product $20MMachinery Having Individual Functions
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC $16,942CURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP PC GROWTH56.8%CURRENT US$
Rnk 34 / 195
2023
Flag
GDP PC$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Costa Rica-Malaysia Trade: In 2023, Costa Rica exported $189M to Malaysia. The main products that Costa Rica exported to Malaysia were Integrated Circuits ($136M), Medical Instruments ($12.9M), and Oscilloscopes ($12.4M). Over the past 5 years the exports of Costa Rica to Malaysia have increased at an annualized rate of 57.3%, from $19.6M in 2018 to $189M in 2023.

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

Malaysia-Costa Rica Trade: In 2023, Malaysia exported $106M to Costa Rica. The main products that Malaysia exported to Costa Rica were Machinery Having Individual Functions ($20M), Integrated Circuits ($14.1M), and Oscilloscopes ($13.1M). Over the past 5 years the exports of Malaysia to Costa Rica have decreased at an annualized rate of 1.23%,  from $119M in 2018 to $106M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Costa Rica exported $189M to Malaysia. The main products exported from Costa Rica to Malaysia were Integrated Circuits ($136M), Medical Instruments ($12.9M), and Oscilloscopes ($12.4M). During the last 5 years the exports of Costa Rica to Malaysia have increased at an annualized rate of 57.3%, from $19.6M in 2018 to $189M in 2023.

In 2018, Malaysia exported $106M to Costa Rica. The main products exported from Malaysia to Costa Rica were Machinery Having Individual Functions ($20M), Integrated Circuits ($14.1M), and Oscilloscopes ($13.1M). During the last 5 years the exports of Malaysia to Costa Rica have decreased at an annualized rate of 1.23%, from $119M in 2023 to $106M in 2018.

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

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

Latest Data

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

Costa Rica Exports

Malaysia Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$9.5B
Malaysia
Top DestinationChina$79.8B

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

In 2023, countries that imported more from Costa Rica than Malaysia included Guatemala ($846M), Nicaragua ($661M), and Panama ($585M).

In 2023, countries that imported more from Malaysia than Costa Rica included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Costa Rica - Malaysia

Flow
Scale

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

During 2023, Costa Rica had a large net trade with Malaysia in the exports of Machines ($153M), Instruments ($26.2M), and Metals ($4.83M).

During 2018, Malaysia had a large net trade with Costa Rica in the exports of Machines ($53.7M), Instruments ($17.2M), and Metals ($13.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Malaysia+$5.46MMedical Instruments
Top Product Potential Malaysia Costa Rica+$4MMedical Instruments

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Costa Rica and Malaysia. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Costa Rica.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms