2023
Flag  
GDP
$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH
69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC 
$16,942CURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP PC GROWTH
56.8%CURRENT US$
Rnk 34 / 195

About

Costa Rica-North Korea Trade: In 2023, Costa Rica exported $811 to North Korea. The main products that Costa Rica exported to North Korea were Medical Instruments ($811). Over the past 7 years the exports of Costa Rica to North Korea have decreased at an annualized rate of 31.3%, from $11.3k in 2016 to $811 in 2023.

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

North Korea-Costa Rica Trade: In 2023, North Korea exported $636k to Costa Rica. The main products that North Korea exported to Costa Rica were Organo-Sulfur Compounds ($324k), Fork-Lifts ($179k), and Hydrogen peroxide ($101k). Over the past 7 years the exports of North Korea to Costa Rica have decreased at an annualized rate of 6.48%,  from $1.24M in 2016 to $636k in 2023.

In 2023, North Korea 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, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Costa Rica exported $811 to North Korea. The main products exported from Costa Rica to North Korea were Medical Instruments ($811). During the last 7 years the exports of Costa Rica to North Korea have decreased at an annualized rate of 31.3%, from $11.3k in 2016 to $811 in 2023.

In 2018, North Korea exported $636k to Costa Rica. The main products exported from North Korea to Costa Rica were Organo-Sulfur Compounds ($324k), Fork-Lifts ($179k), and Hydrogen peroxide ($101k). During the last 5 years the exports of North Korea to Costa Rica have decreased at an annualized rate of 6.48%, from $1.24M in 2023 to $636k in 2018.

Exports from Costa Rica (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Costa Rica (Flag) (2023)

Market Competitiveness

Color
Costa Rica
Top Destination
United States$9.5B
North Korea
Top Destination
China$292M

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

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

In 2023, countries that imported more from North Korea than Costa Rica included Angola ($10.2M), Senegal ($10.3M), and Liberia ($5.74M).

Difference in imports from North Korea (Flag) and Costa Rica (Flag) (2023)

Comparative Advantage Costa Rica - North Korea

Flow
Scale

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

During 2023, Costa Rica had a large net trade with North Korea in the exports of Instruments ($811).

During 2018, North Korea had a large net trade with Costa Rica in the exports of Chemical Products ($427k), Machines ($183k), and Paper Goods ($8.34k).

Economic Complexity

Competitive Landscape

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

Product Space of Costa Rica (Flag) and North Korea (Flag) (2023)

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