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2022
Flag → Flag
Exports $153MRnk 108 / 224
2022
Flag → Flag
Top Product $12.2MMedical Instruments
2022
Flag → Flag
Exports $647MRnk 2 / 178
2022
Flag → Flag
Top Product $438MMedical Instruments
2022
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Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
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Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
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GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
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 GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
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GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
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GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
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GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
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GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
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GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

Netherlands-Costa Rica Trade: In 2022, Netherlands exported $153M to Costa Rica. The main products that Netherlands exported to Costa Rica were Medical Instruments ($12.2M), Bulbs and Roots ($10.2M), and Orthopedic Appliances ($7.86M). Over the past 5 years the exports of Netherlands to Costa Rica have increased at an annualized rate of 24.9%, from $50.4M in 2017 to $153M in 2022.

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

Costa Rica-Netherlands Trade: In 2022, Costa Rica exported $647M to Netherlands. The main products that Costa Rica exported to Netherlands were Medical Instruments ($438M), Orthopedic Appliances ($141M), and Bananas ($138M). Over the past 5 years the exports of Costa Rica to Netherlands have increased at an annualized rate of 46.4%,  from $96.2M in 2017 to $647M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €7M and imported €113M from Costa Rica, resulting in a negative trade balance of €106M. Between October 2021 and October 2022 the exports of Netherlands have increased by €3M (75%) from €4M to €7M, while imports decreased by €-62M (-35.4%) from €175M to €113M.

Trade In October 2022, the top exports of Netherlands to Costa Rica were Alcoholic beverages (€2M), Edible products and preparations, n.e.s. (€1M), Crude vegetable materials, n.e.s. (€1M), Instruments and appliances, n.e.s., for medical,... (€1M), and Articles, n.e.s., of plastics (€1M). In October 2022 the top imports of Netherlands from Costa Rica were Thermionic, cold cathode or photo-cathode valves... (€135M), Instruments and appliances, n.e.s., for medical,... (€19M), Fruit and nuts (not including oil... (€17M), Miscellaneous manufactured articles, n.e.s. (€17M), and Fruit juices (including grape must) and... (€3M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Costa Rica was explained primarily by an increase in product exports in . In October 2022, the decrease in Netherlands's year-by-year imports  from Costa Rica was explained primarily by an decrease in product imports  in Fruit and nuts (not including oil... (€-10M or -37%) and Crude vegetable materials, n.e.s. (€-1M or -25%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (October 2021 - October 2022)€3M(75%)
IMPORT GROWTH (October 2021 - October 2022)€-62M(-35.4%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Costa Rica and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Costa Rica and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $153M to Costa Rica. The main products exported from Netherlands to Costa Rica were Medical Instruments ($12.2M), Bulbs and Roots ($10.2M), and Orthopedic Appliances ($7.86M). During the last 5 years the exports of Netherlands to Costa Rica have increased at an annualized rate of 24.9%, from $50.4M in 2017 to $153M in 2022.

In 2017, Costa Rica exported $647M to Netherlands. The main products exported from Costa Rica to Netherlands were Medical Instruments ($438M), Orthopedic Appliances ($141M), and Bananas ($138M). During the last 22 years the exports of Costa Rica to Netherlands have increased at an annualized rate of 46.4%, from $96.2M in 1995 to $647M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Netherlands than Costa Rica included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

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

Comparative Advantage Netherlands - Costa Rica

Flow
Scale

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

During 2022, Netherlands had a large net trade with Costa Rica in the exports of N/A.

During 2017, Costa Rica had a large net trade with Netherlands in the exports of Instruments ($579M), Vegetable Products ($303M), and Foodstuffs ($138M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Costa Rica+$6.49MMedical Instruments
Top Product Potential Costa Rica Netherlands+$11.9MIntegrated Circuits

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

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

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