Panama-Costa Rica Trade: In 2022, Panama exported $328M to Costa Rica. The main products that Panama exported to Costa Rica were Packaged Medicaments ($23M), Aluminium Cans ($17.3M), and Other Oily Seeds ($16.5M). Over the past 5 years the exports of Panama to Costa Rica have increased at an annualized rate of 26.1%, from $103M in 2017 to $328M in 2022.
In 2022, Panama did not export any services to Costa Rica.
Costa Rica-Panama Trade: In 2022, Costa Rica exported $577M to Panama. The main products that Costa Rica exported to Panama were Other Edible Preparations ($55.7M), Plastic Lids ($30.2M), and Animal Food ($27.2M). Over the past 5 years the exports of Costa Rica to Panama have increased at an annualized rate of 42.9%, from $96.7M in 2017 to $577M in 2022.
In 2022, Costa Rica did not export any services to Panama.
Comparison: In 2022, Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).