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Pricing

2022
Flag → Flag
Exports $155MRnk 49 / 198
2022
Flag → Flag
Top Product $88.5MBroadcasting Equipment
2022
Flag → Flag
Exports $112MRnk 20 / 178
2022
Flag → Flag
Top Product $77.4MIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC $48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

Hong Kong-Costa Rica Trade: In 2022, Hong Kong exported $155M to Costa Rica. The main products that Hong Kong exported to Costa Rica were Broadcasting Equipment ($88.5M), Insulated Wire ($10.7M), and Hydrometers ($7.27M). Over the past 5 years the exports of Hong Kong to Costa Rica have decreased at an annualized rate of 1.43%, from $167M in 2017 to $155M in 2022.

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

Costa Rica-Hong Kong Trade: In 2022, Costa Rica exported $112M to Hong Kong. The main products that Costa Rica exported to Hong Kong were Integrated Circuits ($77.4M), Opto-Electric Instrument Parts ($5.72M), and Fish: dried, salted, smoked or in brine ($4.91M). Over the past 5 years the exports of Costa Rica to Hong Kong have decreased at an annualized rate of 11.8%,  from $210M in 2017 to $112M in 2022.

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

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $155M to Costa Rica. The main products exported from Hong Kong to Costa Rica were Broadcasting Equipment ($88.5M), Insulated Wire ($10.7M), and Hydrometers ($7.27M). During the last 5 years the exports of Hong Kong to Costa Rica have decreased at an annualized rate of 1.43%, from $167M in 2017 to $155M in 2022.

In 2017, Costa Rica exported $112M to Hong Kong. The main products exported from Costa Rica to Hong Kong were Integrated Circuits ($77.4M), Opto-Electric Instrument Parts ($5.72M), and Fish: dried, salted, smoked or in brine ($4.91M). During the last 5 years the exports of Costa Rica to Hong Kong have decreased at an annualized rate of 11.8%, from $210M in 2022 to $112M in 2017.

Exports from Hong Kong (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Costa Rica (Flag)

Hong Kong Exports

Costa Rica Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$23.4B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Hong Kong than Costa Rica included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Costa Rica than Hong Kong included United States ($6.83B), Guatemala ($821M), and Nicaragua ($593M).

Difference in imports from Costa Rica (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Costa Rica

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Costa Rica in the exports of Machines ($129M), Instruments ($11.9M), and Plastics and Rubbers ($5.67M).

During 2017, Costa Rica had a large net trade with Hong Kong in the exports of Machines ($89.5M), Instruments ($11.6M), and Animal Products ($5.61M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Costa Rica+$4.24MComputers
Top Product Potential Costa Rica Hong Kong+$55.6MIntegrated Circuits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Costa Rica (Flag) (2022)

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