2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC 
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Costa Rica-Norway In 2022, Costa Rica exported $45.2M to Norway. The main products that Costa Rica exported to Norway are Bananas ($19.7M), Medical Instruments ($7.39M), and Orthopedic Appliances ($5.3M). During the last 27 years the exports of Costa Rica to Norway have increased at an annualized rate of 3.92%, from $16M in 1995 to $45.2M in 2022.

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

Norway-Costa Rica In 2022, Norway exported $31.9M to Costa Rica. The main products that Norway exported to Costa Rica were Mixed Mineral or Chemical Fertilizers ($26.2M), Nitrogenous Fertilizers ($2.19M), and Packaged Medicaments ($721k). During the last 27 years the exports of Norway to Costa Rica have increased at an annualized rate of 8.57%, from $3.46M in 1995 to $31.9M in 2022.

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

Comparison In 2022,  Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.31), and 82 in total exports ($17.2B). That same year, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $45.2M to Norway. The main products exported from Costa Rica to Norway were Bananas ($19.7M), Medical Instruments ($7.39M), and Orthopedic Appliances ($5.3M). During the last 27 years the exports of Costa Rica to Norway have increased at an annualized rate of 3.92%, from $16M in 1995 to $45.2M in 2022.

In 2022, Norway exported $31.9M to Costa Rica. The main products exported from Norway to Costa Rica were Mixed Mineral or Chemical Fertilizers ($26.2M), Nitrogenous Fertilizers ($2.19M), and Packaged Medicaments ($721k). During the last 27 years the exports of Norway to Costa Rica have increased at an annualized rate of 8.57%, from $3.46M in 1995 to $31.9M in 2022.

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

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

Latest Data

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

Costa Rica Exports

Norway Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Norway
Top Destination
Germany$78.1B

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

In 2021, countries that imported more from Costa Rica than Norway were United States ($6.83B), Guatemala ($821M), and Nicaragua ($593M).

In 2021, countries that imported more from Norway than Costa Rica were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Costa Rica - Norway

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Norway in the exports of Vegetable Products ($27.5M), Instruments ($13.2M), and Plastics and Rubbers ($1.49M).

During 2022, Norway had a large net trade with Costa Rica in the exports of Chemical Products ($29.4M), Animal Products ($1.14M), and Instruments ($360k).

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

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

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