2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 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 
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 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

Croatia-Costa Rica Trade: In 2022, Croatia exported $328k to Costa Rica. The main products that Croatia exported to Costa Rica were Handguns ($89.7k), Photo Lab Equipment ($51.4k), and Other Measuring Instruments ($39.7k). Over the past 5 years the exports of Croatia to Costa Rica have decreased at an annualized rate of 0.14%, from $330k in 2017 to $328k in 2022.

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

Costa Rica-Croatia Trade: In 2022, Costa Rica exported $1.06M to Croatia. The main products that Costa Rica exported to Croatia were Bananas ($542k), Tropical Fruits ($219k), and Frozen Fruits and Nuts ($126k). Over the past 5 years the exports of Costa Rica to Croatia have increased at an annualized rate of 7.04%,  from $754k in 2017 to $1.06M in 2022.

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

Comparison: In 2022,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). 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, Croatia exported $328k to Costa Rica. The main products exported from Croatia to Costa Rica were Handguns ($89.7k), Photo Lab Equipment ($51.4k), and Other Measuring Instruments ($39.7k). During the last 5 years the exports of Croatia to Costa Rica have decreased at an annualized rate of 0.14%, from $330k in 2017 to $328k in 2022.

In 2017, Costa Rica exported $1.06M to Croatia. The main products exported from Costa Rica to Croatia were Bananas ($542k), Tropical Fruits ($219k), and Frozen Fruits and Nuts ($126k). During the last 5 years the exports of Costa Rica to Croatia have increased at an annualized rate of 7.04%, from $754k in 2022 to $1.06M in 2017.

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

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

Latest Data

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

Croatia Exports

Costa Rica Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Costa Rica
Top Destination
United States$6.83B

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

In 2022, countries that imported more from Croatia than Costa Rica included Italy ($3.44B), Slovenia ($2.87B), and Hungary ($2.65B).

In 2022, countries that imported more from Costa Rica than Croatia included United States ($6.83B), Guatemala ($821M), and Netherlands ($1.22B).

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

Comparative Advantage Croatia - Costa Rica

Flow
Scale

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

During 2022, Croatia had a large net trade with Costa Rica in the exports of Instruments ($106k), Weapons ($95.3k), and Machines ($65.1k).

During 2017, Costa Rica had a large net trade with Croatia in the exports of Vegetable Products ($983k), Instruments ($37.8k), and Chemical Products ($21.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Costa Rica+$58.8kLeather Footwear
Top Product Potential Costa Rica Croatia+$523kBananas

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 Croatia and Costa Rica. This means that a dot/product with the flag of Croatia 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 Croatia.

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

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