2022
Flag  
GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 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 
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 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

Dominican Republic-Costa Rica In 2022, Dominican Republic exported $71.3M to Costa Rica. The main products that Dominican Republic exported to Costa Rica are Packaged Medicaments ($7.5M), Plastic Lids ($7.13M), and Iron Blocks ($6.62M). During the last 27 years the exports of Dominican Republic to Costa Rica have increased at an annualized rate of 12.2%, from $3.18M in 1995 to $71.3M in 2022.

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

Costa Rica-Dominican Republic In 2022, Costa Rica exported $358M to Dominican Republic. The main products that Costa Rica exported to Dominican Republic were Raw Iron Bars ($61.9M), Insulated Wire ($57.2M), and Other Edible Preparations ($43.6M). During the last 27 years the exports of Costa Rica to Dominican Republic have increased at an annualized rate of 13.3%, from $12.3M in 1995 to $358M in 2022.

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

Comparison In 2022,  Dominican Republic ranked 59 in the Economic Complexity Index (ECI 0.07), and 92 in total exports ($13.8B). 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, Dominican Republic exported $71.3M to Costa Rica. The main products exported from Dominican Republic to Costa Rica were Packaged Medicaments ($7.5M), Plastic Lids ($7.13M), and Iron Blocks ($6.62M). During the last 27 years the exports of Dominican Republic to Costa Rica have increased at an annualized rate of 12.2%, from $3.18M in 1995 to $71.3M in 2022.

In 2022, Costa Rica exported $358M to Dominican Republic. The main products exported from Costa Rica to Dominican Republic were Raw Iron Bars ($61.9M), Insulated Wire ($57.2M), and Other Edible Preparations ($43.6M). During the last 27 years the exports of Costa Rica to Dominican Republic have increased at an annualized rate of 13.3%, from $12.3M in 1995 to $358M in 2022.

Exports from Dominican Republic (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to Dominican Republic (Flag) (2022)

Latest Data

Trade between Dominican Republic (Flag) and Costa Rica (Flag)

Dominican Republic Exports

Costa Rica Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
Costa Rica
Top Destination
United States$6.83B

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

In 2021, countries that imported more from Dominican Republic than Costa Rica were Switzerland ($1.08B), Haiti ($1.02B), and India ($390M).

In 2021, countries that imported more from Costa Rica than Dominican Republic were Netherlands ($1.22B), Guatemala ($821M), and Belgium ($775M).

Difference in imports from Costa Rica (Flag) and Dominican Republic (Flag) (2022)

Comparative Advantage Dominican Republic - Costa Rica

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Costa Rica in the exports of Plastics and Rubbers ($17.9M), Metals ($15.2M), and Machines ($13.1M).

During 2022, Costa Rica had a large net trade with Dominican Republic in the exports of Metals ($77.7M), Foodstuffs ($72.6M), and Machines ($69.8M).

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

Product Space of Dominican Republic (Flag) and Costa Rica (Flag) (2022)

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