2021
Flag  
GDP
$373BCURRENT US$
Rnk 38 / 204
2011-2021
Flag
GDP GROWTH
25.2%CURRENT US$
Rnk 106 / 204
2021
Flag
 GDP
$64.6BCURRENT US$
Rnk 82 / 204
2011-2021
Flag
GDP GROWTH
51.1%CURRENT US$
Rnk 50 / 204
2021
Flag
GDP PC 
$11,109CURRENT US$
Rnk 81 / 204
2011-2021
Flag
GDP PC GROWTH
8.81%CURRENT US$
Rnk 119 / 204
2021
Flag
GDP PC
$12,537CURRENT US$
Rnk 77 / 204
2011-2021
Flag
GDP PC GROWTH
37.2%CURRENT US$
Rnk 52 / 204

About

Malaysia-Costa Rica In 2021, Malaysia exported $559M to Costa Rica. The main products that Malaysia exported to Costa Rica are Integrated Circuits ($320M), Raw Aluminium ($110M), and Oscilloscopes ($50.4M). During the last 26 years the exports of Malaysia to Costa Rica have increased at an annualized rate of 25.5%, from $1.52M in 1995 to $559M in 2021.

In 2021, Malaysia did not export any services to Costa Rica.

Costa Rica-Malaysia In 2021, Costa Rica exported $44.6M to Malaysia. The main products that Costa Rica exported to Malaysia were Iron Fasteners ($9.3M), Low-voltage Protection Equipment ($7.18M), and Integrated Circuits ($6.91M). During the last 26 years the exports of Costa Rica to Malaysia have increased at an annualized rate of 17.1%, from $739k in 1995 to $44.6M in 2021.

In 2021, Costa Rica did not export any services to Malaysia.

Comparison In 2021,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 21 in total exports ($333B). That same year, Costa Rica ranked 52 in the Economic Complexity Index (ECI 0.24), and 79 in total exports ($16.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Malaysia exported $559M to Costa Rica. The main products exported from Malaysia to Costa Rica were Integrated Circuits ($320M), Raw Aluminium ($110M), and Oscilloscopes ($50.4M). During the last 26 years the exports of Malaysia to Costa Rica have increased at an annualized rate of 25.5%, from $1.52M in 1995 to $559M in 2021.

In 2021, Costa Rica exported $44.6M to Malaysia. The main products exported from Costa Rica to Malaysia were Iron Fasteners ($9.3M), Low-voltage Protection Equipment ($7.18M), and Integrated Circuits ($6.91M). During the last 26 years the exports of Costa Rica to Malaysia have increased at an annualized rate of 17.1%, from $739k in 1995 to $44.6M in 2021.

Exports from Malaysia (Flag) to Costa Rica (Flag) (2021)

Exports from Costa Rica (Flag) to Malaysia (Flag) (2021)

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$49.6B
Costa Rica
Top Destination
United States$6.31B

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

In 2021, countries that imported more from Malaysia than Costa Rica were Singapore ($49.6B), China ($47.9B), and United States ($42.9B).

In 2021, countries that imported more from Costa Rica than Malaysia were Guatemala ($727M), Nicaragua ($576M), and Panama ($585M).

Difference in imports from Costa Rica (Flag) and Malaysia (Flag) (2021)

Comparative Advantage Malaysia - Costa Rica

Flow
Scale

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

During 2021, Malaysia had a large net trade with Costa Rica in the exports of Machines ($349M), Metals ($121M), and Instruments ($62.3M).

During 2021, Costa Rica had a large net trade with Malaysia in the exports of Machines ($20.7M), Metals ($13.3M), and Instruments ($6.97M).

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

Product Space of Malaysia (Flag) and Costa Rica (Flag) (2021)

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