2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$68.4BCURRENT US$
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2012-2022
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GDP GROWTH
44.8%CURRENT US$
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2022
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GDP PC 
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$13,199CURRENT US$
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2012-2022
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GDP PC GROWTH
32.4%CURRENT US$
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About

Japan-Costa Rica Trade: In 2022, Japan exported $361M to Costa Rica. The main products that Japan exported to Costa Rica were Cars ($106M), Integrated Circuits ($48M), and Hot-Rolled Iron ($47.6M). Over the past 5 years the exports of Japan to Costa Rica have increased at an annualized rate of 24.1%, from $123M in 2017 to $361M in 2022.

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

Costa Rica-Japan Trade: In 2022, Costa Rica exported $222M to Japan. The main products that Costa Rica exported to Japan were Medical Instruments ($231M), Orthopedic Appliances ($20.9M), and Coffee ($7.34M). Over the past 5 years the exports of Costa Rica to Japan have increased at an annualized rate of 46.3%,  from $33.2M in 2017 to $222M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). 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, Japan exported $361M to Costa Rica. The main products exported from Japan to Costa Rica were Cars ($106M), Integrated Circuits ($48M), and Hot-Rolled Iron ($47.6M). During the last 5 years the exports of Japan to Costa Rica have increased at an annualized rate of 24.1%, from $123M in 2017 to $361M in 2022.

In 2017, Costa Rica exported $222M to Japan. The main products exported from Costa Rica to Japan were Medical Instruments ($231M), Orthopedic Appliances ($20.9M), and Coffee ($7.34M). During the last 22 years the exports of Costa Rica to Japan have increased at an annualized rate of 46.3%, from $33.2M in 1995 to $222M in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Costa Rica
Top Destination
United States$6.83B

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

In 2022, countries that imported more from Japan than Costa Rica included China ($135B), United States ($137B), and South Korea ($50.8B).

In 2022, countries that imported more from Costa Rica than Japan included Nicaragua ($593M), Honduras ($517M), and Guatemala ($821M).

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

Comparative Advantage Japan - Costa Rica

Flow
Scale

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

During 2022, Japan had a large net trade with Costa Rica in the exports of Transportation ($157M), Metals ($125M), and Machines ($116M).

During 2017, Costa Rica had a large net trade with Japan in the exports of Instruments ($261M), Vegetable Products ($12.9M), and Machines ($11.1M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Japan and Costa Rica. This means that a dot/product with the flag of Japan 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 Japan.

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

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