Costa Rica (CRI) and Canada (CAN) Trade | The Observatory of Economic Complexity

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Costa Rica-Canada In 2022, Costa Rica exported $189M to Canada. The main products that Costa Rica exported to Canada are Medical Instruments ($38.3M), Tropical Fruits ($20.3M), and Orthopedic Appliances ($14.2M). During the last 27 years the exports of Costa Rica to Canada have increased at an annualized rate of 3.9%, from $67.1M in 1995 to $189M in 2022.

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

Canada-Costa Rica In 2022, Canada exported $235M to Costa Rica. The main products that Canada exported to Costa Rica were Wheat ($63.8M), Potassic Fertilizers ($33.7M), and Medical Instruments ($15.6M). During the last 27 years the exports of Canada to Costa Rica have increased at an annualized rate of 6.08%, from $47.8M in 1995 to $235M in 2022.

In 2020, Canada exported services to Costa Rica worth $17.9M, with Royalties and license fees ($11.2M), Travel ($5.97M), and Computer and information services ($746k) being the largest in terms of value.

Comparison In 2022, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Costa Rica exported $189M to Canada. The main products exported from Costa Rica to Canada were Medical Instruments ($38.3M), Tropical Fruits ($20.3M), and Orthopedic Appliances ($14.2M). During the last 27 years the exports of Costa Rica to Canada have increased at an annualized rate of 3.9%, from $67.1M in 1995 to $189M in 2022.

In 2022, Canada exported $235M to Costa Rica. The main products exported from Canada to Costa Rica were Wheat ($63.8M), Potassic Fertilizers ($33.7M), and Medical Instruments ($15.6M). During the last 27 years the exports of Canada to Costa Rica have increased at an annualized rate of 6.08%, from $47.8M in 1995 to $235M in 2022.

Exports from Costa Rica () to Canada () (2022)

Exports from Canada () to Costa Rica () (2022)

Latest Data

Trade between Costa Rica () and Canada ()

Costa Rica Exports

Date

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

Canada
Top DestinationUnited States$438B

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

In 2021, countries that imported more from Costa Rica than Canada were Guatemala ($821M), Honduras ($517M), and Nicaragua ($593M).

In 2021, countries that imported more from Canada than Costa Rica were United States ($438B), China ($25.4B), and Japan ($14.3B).

Difference in imports from Canada () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Costa Rica had a large net trade with Canada in the exports of Instruments ($62.3M), Vegetable Products ($61.4M), and Metals ($18.6M).

During 2022, Canada had a large net trade with Costa Rica in the exports of Vegetable Products ($71.3M), Chemical Products ($47.4M), and Machines ($30.7M).

Service Trade

Bilateral Service Trade

Can Year

In 2020, Canada exported services to Costa Rica worth $17.9M, with Royalties and license fees ($11.2M), Travel ($5.97M), and Computer and information services ($746k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada () to Costa Rica () (2020)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Costa Rica () to Canada () (2022)

Exports from Canada () to Costa Rica () (2022)

Latest Data

Trade between Costa Rica () and Canada ()

Costa Rica Exports

Canada Exports

Market Competitiveness

Difference in imports from Canada () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Canada

Service Trade

Bilateral Service Trade

Services Exports from Canada () to Costa Rica () (2020)

Economic Complexity

Competitive Landscape

Product Space of Costa Rica () and Canada () (2022)

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