Flag Germany / Costa Rica Flag

Exports FlagFlag  (2018): $334M, Rnk 92 / 216

Top Product FlagFlag (2018): $25.5M, Cars

Exports FlagFlag (2018): $233M, Rnk 14 / 161

Top Product FlagFlag (2018): $54.1M, Bananas

Economic Complexity of Flag (2018): ECI 1.9, Rnk 4 / 137

Economic Complexity of Flag (2018): ECI 0.27, Rnk 53 / 137

GDP Flag (2018): $3.95T, CURRENT US$
Rnk 4 / 196

GDP GROWTH Flag (2008-2018): 5.83%, CURRENT US$
Rnk 153 / 196

GDP Flag (2018): $60.1B, CURRENT US$
Rnk 77 / 196

GDP GROWTH Flag (2008-2018): 96.4%, CURRENT US$
Rnk 32 / 196

GDP PC Flag (2018): $47,603, CURRENT US$
Rnk 18 / 196

GDP PC GROWTH Flag (2008-2018): 4.79%, CURRENT US$
Rnk 131 / 196

GDP PC Flag (2018): $12,027, CURRENT US$
Rnk 65 / 196

GDP PC GROWTH Flag (2008-2018): 75.3%, CURRENT US$
Rnk 28 / 196

Germany-Costa Rica: In 2018, Germany exported $334M to Costa Rica. The main products exported from Germany to Costa Rica were Cars ($25.5M), Electric Generating Sets ($23.2M), and Blood, antisera, vaccines, toxins and cultures ($18M). During the last 23 years the exports of Germany to Costa Rica have increased at an annualized rate of 4.94%, from $110M in 1995 to $334M in 2018.

Costa Rica-Germany: In 2018, Costa Rica exported $233M to Germany. The main products exported from Costa Rica to Germany were Bananas ($54.1M), Orthopedic Appliances ($34.7M), and Coffee ($23.5M). During the last 23 years the exports of Costa Rica to Germany have decreased at an annualized rate of 0.96%, from $291M in 1995 to $233M in 2018.

Comparison: In 2018, Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T). That same year, Costa Rica ranked 53 in the Economic Complexity Index (ECI 0.27), and 80 in total exports ($12.9B). In terms of GDP Per Capita, Germany was ranked 18 with a GDP Per Capita of $47,603, and Costa Rica was ranked 65 with a GDP Per Capita of $12,027.

Bilateral Trade by Products

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Depth
Value

In 2018, Germany exported $334M to Costa Rica. The main products exported from Germany to Costa Rica were Cars ($25.5M), Electric Generating Sets ($23.2M), and Blood, antisera, vaccines, toxins and cultures ($18M). During the last 23 years the exports of Germany to Costa Rica have increased at an annualized rate of 4.94%, from $110M in 1995 to $334M in 2018.

In 2018, Costa Rica exported $233M to Germany. The main products exported from Costa Rica to Germany were Bananas ($54.1M), Orthopedic Appliances ($34.7M), and Coffee ($23.5M). During the last 23 years the exports of Costa Rica to Germany have decreased at an annualized rate of 0.96%, from $291M in 1995 to $233M in 2018.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $132B

Costa Rica
Top Destination
: United States, $4.7B

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

In 2018, countries that imported more from Germany than Costa Rica were United States ($132B), France ($121B), and China ($109B).

In 2018, countries that imported more from Costa Rica than Germany were Nicaragua ($480M), Guatemala ($571M), and Honduras ($394M).

Comparative Advantage Germany - Costa Rica

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Depth

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

During 2018, Germany had a large net trade with Costa Rica in the exports of Machines ($114M), Chemical Products ($65.9M), and Transportation ($51.3M).

During 2018, Costa Rica had a large net trade with Germany in the exports of Vegetable Products ($111M), Instruments ($45.1M), and Machines ($42.6M).

Tariff Section

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This sections shows import tariffs for products traded between Germany and Costa Rica (using the HS6 product classification and the last year reported).

In 2017, the products from Germany that paid the highest import tariffs to enter Costa Rica were Mushrooms, prepared or preserved, not in vinegar (117%) and Vegetables: mushrooms of the genus Agaricus, provisionally preserved but unsuitable in that state for immediate consumption (116%).

In 2018, the products from Costa Rica that paid the highest import tariffs to enter Germany were Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, fresh or chilled (80.9%) and Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen (80.9%).

Explore Tariff Data

*The tariffs present between Germany and Costa Rica are:
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement
181: Preferential tariff for Central American Common Market CACM (Spanish: Mercado Común Centroamericano MCCA) Central American Integration System SICA

Trade Forecasts

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This section shows a forecast for total trade between Germany and Costa Rica. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Costa Rica. Similarly, the more red a dot/product is, the more Costa Rica has comparative advantage over Germany.