Netherlands (NLD) and Costa Rica (CRI) Trade | OEC - The Observatory of Economic Complexity

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Netherlands-Costa Rica In 2020, Netherlands exported $145M to Costa Rica. The main products that Netherlands exported to Costa Rica are Refined Petroleum ($19.9M), Gas Turbines ($11.4M), and Medical Instruments ($9.62M). During the last 25 years the exports of Netherlands to Costa Rica have increased at an annualized rate of 4.33%, from $50.4M in 1995 to $145M in 2020.

In 2020, Netherlands did not export any services to Costa Rica.

Costa Rica-Netherlands In 2020, Costa Rica exported $1.33B to Netherlands. The main products that Costa Rica exported to Netherlands were Integrated Circuits ($417M), Medical Instruments ($315M), and Orthopedic Appliances ($127M). During the last 25 years the exports of Costa Rica to Netherlands have increased at an annualized rate of 11.1%, from $96.1M in 1995 to $1.33B in 2020.

In 2020, Costa Rica did not export any services to Netherlands.

Comparison In 2020, Netherlands ranked 22 in the Economic Complexity Index (ECI 1.13), and 6 in total exports ($511B). That same year, Costa Rica ranked 50 in the Economic Complexity Index (ECI 0.18), and 76 in total exports ($14B).

Latest Trends

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October, 2022

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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

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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.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2020, Netherlands exported $145M to Costa Rica. The main products exported from Netherlands to Costa Rica were Refined Petroleum ($19.9M), Gas Turbines ($11.4M), and Medical Instruments ($9.62M). During the last 25 years the exports of Netherlands to Costa Rica have increased at an annualized rate of 4.33%, from $50.4M in 1995 to $145M in 2020.

In 2020, Costa Rica exported $1.33B to Netherlands. The main products exported from Costa Rica to Netherlands were Integrated Circuits ($417M), Medical Instruments ($315M), and Orthopedic Appliances ($127M). During the last 25 years the exports of Costa Rica to Netherlands have increased at an annualized rate of 11.1%, from $96.1M in 1995 to $1.33B in 2020.

Market Competitiveness

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Measure

SectionYear

Netherlands
Top Destination: Germany, $105B

Costa Rica
Top Destination: United States, $5.19B

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 2019, countries that imported more from Netherlands than Costa Rica were Germany ($105B), Belgium ($56.1B), and France ($43.7B).

In 2019, countries that imported more from Costa Rica than Netherlands were Guatemala ($633M), Nicaragua ($463M), and Panama ($485M).

Comparative Advantage Netherlands - Costa Rica

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Flow

Scale

Year

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

During 2020, Netherlands had a large net trade with Costa Rica in the exports of Machines ($27.6M), Chemical Products ($27.2M), and Mineral Products ($20.8M).

During 2020, Costa Rica had a large net trade with Netherlands in the exports of Instruments ($444M), Machines ($423M), and Vegetable Products ($319M).

Economic Complexity

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Competitive Landscape

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Netherlands - Costa Rica

Economic Complexity

Competitive Landscape

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