2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

Denmark-Costa Rica In 2022, Denmark exported $48M to Costa Rica. The main products that Denmark exported to Costa Rica are Packaged Medicaments ($9.49M), Malt Extract ($4.34M), and Orthopedic Appliances ($2.14M). During the last 27 years the exports of Denmark to Costa Rica have increased at an annualized rate of 8.07%, from $5.9M in 1995 to $48M in 2022.

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

Costa Rica-Denmark In 2022, Costa Rica exported $3.77M to Denmark. The main products that Costa Rica exported to Denmark were Bananas ($810k), Frozen Fruits and Nuts ($511k), and Sowing Seeds ($393k). During the last 27 years the exports of Costa Rica to Denmark have decreased at an annualized rate of 2.83%, from $8.19M in 1995 to $3.77M in 2022.

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

Comparison In 2022,  Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.31), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $48M to Costa Rica. The main products exported from Denmark to Costa Rica were Packaged Medicaments ($9.49M), Malt Extract ($4.34M), and Orthopedic Appliances ($2.14M). During the last 27 years the exports of Denmark to Costa Rica have increased at an annualized rate of 8.07%, from $5.9M in 1995 to $48M in 2022.

In 2022, Costa Rica exported $3.77M to Denmark. The main products exported from Costa Rica to Denmark were Bananas ($810k), Frozen Fruits and Nuts ($511k), and Sowing Seeds ($393k). During the last 27 years the exports of Costa Rica to Denmark have decreased at an annualized rate of 2.83%, from $8.19M in 1995 to $3.77M in 2022.

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

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

Latest Data

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

Denmark Exports

Costa Rica Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Costa Rica
Top Destination
United States$6.83B

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

In 2021, countries that imported more from Denmark than Costa Rica were Germany ($18.9B), Sweden ($11.6B), and Norway ($6.53B).

In 2021, countries that imported more from Costa Rica than Denmark were Guatemala ($821M), Nicaragua ($593M), and Honduras ($517M).

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

Comparative Advantage Denmark - Costa Rica

Flow
Scale

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

During 2022, Denmark had a large net trade with Costa Rica in the exports of Chemical Products ($15.7M), Foodstuffs ($7.15M), and Machines ($6.82M).

During 2022, Costa Rica had a large net trade with Denmark in the exports of Vegetable Products ($2.03M), Wood Products ($474k), and Foodstuffs ($334k).

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

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

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