Guatemala (GTM) and Costa Rica (CRI) Trade | OEC - The Observatory of Economic Complexity

About

Guatemala-Costa Rica In 2020, Guatemala exported $445M to Costa Rica. The main products that Guatemala exported to Costa Rica are Pesticides ($35.2M), Packaged Medicaments ($29.3M), and Toilet Paper ($28.7M). During the last 25 years the exports of Guatemala to Costa Rica have increased at an annualized rate of 5.67%, from $112M in 1995 to $445M in 2020.

In 2020, Guatemala did not export any services to Costa Rica.

Costa Rica-Guatemala In 2020, Costa Rica exported $633M to Guatemala. The main products that Costa Rica exported to Guatemala were Other Edible Preparations ($106M), Sauces and Seasonings ($39M), and Toilet Paper ($29.6M). During the last 25 years the exports of Costa Rica to Guatemala have increased at an annualized rate of 7.31%, from $108M in 1995 to $633M in 2020.

In 2020, Costa Rica did not export any services to Guatemala.

Comparison In 2020, Guatemala ranked 78 in the Economic Complexity Index (ECI -0.4), and 81 in total exports ($12.2B). That same year, Costa Rica ranked 50 in the Economic Complexity Index (ECI 0.18), and 76 in total exports ($14B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2020, Guatemala exported $445M to Costa Rica. The main products exported from Guatemala to Costa Rica were Pesticides ($35.2M), Packaged Medicaments ($29.3M), and Toilet Paper ($28.7M). During the last 25 years the exports of Guatemala to Costa Rica have increased at an annualized rate of 5.67%, from $112M in 1995 to $445M in 2020.

In 2020, Costa Rica exported $633M to Guatemala. The main products exported from Costa Rica to Guatemala were Other Edible Preparations ($106M), Sauces and Seasonings ($39M), and Toilet Paper ($29.6M). During the last 25 years the exports of Costa Rica to Guatemala have increased at an annualized rate of 7.31%, from $108M in 1995 to $633M in 2020.

Latest Data

Guatemala Exports

Date

Costa Rica Exports

Date

Market Competitiveness

Measure

SectionYear

Guatemala
Top Destination: United States, $3.87B

Costa Rica
Top Destination: United States, $5.19B

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

In 2019, countries that imported more from Guatemala than Costa Rica were El Salvador ($1.32B), Honduras ($1.02B), and Saudi Arabia ($324M).

In 2019, countries that imported more from Costa Rica than Guatemala were United States ($5.19B), Netherlands ($1.33B), and Belgium ($575M).

Comparative Advantage Guatemala - Costa Rica

Flow

Scale

Year

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

During 2020, Guatemala had a large net trade with Costa Rica in the exports of Chemical Products ($134M), Plastics and Rubbers ($72.9M), and Foodstuffs ($72.9M).

During 2020, Costa Rica had a large net trade with Guatemala in the exports of Foodstuffs ($211M), Chemical Products ($98.2M), and Animal Products ($62.1M).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Guatemala Exports

Costa Rica Exports

Market Competitiveness

Comparative Advantage Guatemala - Costa Rica

Economic Complexity

Competitive Landscape

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