Papua New Guinea (PNG) and Costa Rica (CRI) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Costa Rica Trade: In 2023, Papua New Guinea exported $383k to Costa Rica. The main products that Papua New Guinea exported to Costa Rica were Coffee ($372k) and Wadding ($11.1k). Over the past 6 years the exports of Papua New Guinea to Costa Rica have increased at an annualized rate of 293%, from $104 in 2017 to $383k in 2023.

In 2023, Papua New Guinea did not export any services to Costa Rica.

Costa Rica-Papua New Guinea Trade: In 2023, Costa Rica exported $53.3k to Papua New Guinea. The main products that Costa Rica exported to Papua New Guinea were Sowing Seeds ($53.3k). Over the past 6 years the exports of Costa Rica to Papua New Guinea have increased at an annualized rate of 11.5%, from $14.5k in 2017 to $53.3k in 2023.

In 2023, Costa Rica did not export any services to Papua New Guinea.

Comparison: In 2023, Papua New Guinea ranked 127 in the Economic Complexity Index (ECI -1.63), and 93 in total exports ($12.5B). That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Papua New Guinea exported $383k to Costa Rica. The main products exported from Papua New Guinea to Costa Rica were Coffee ($372k) and Wadding ($11.1k). During the last 6 years the exports of Papua New Guinea to Costa Rica have increased at an annualized rate of 293%, from $104 in 2017 to $383k in 2023.

In 2018, Costa Rica exported $53.3k to Papua New Guinea. The main products exported from Costa Rica to Papua New Guinea were Sowing Seeds ($53.3k). During the last 5 years the exports of Costa Rica to Papua New Guinea have increased at an annualized rate of 11.5%, from $14.5k in 2023 to $53.3k in 2018.

Exports from Papua New Guinea () to Costa Rica () (2023)

Exports from Costa Rica () to Papua New Guinea () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationChina$3.55B

Costa Rica
Top DestinationUnited States$9.5B

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

In 2023, countries that imported more from Papua New Guinea than Costa Rica included Japan ($3.19B), China ($3.55B), and Australia ($2.07B).

In 2023, countries that imported more from Costa Rica than Papua New Guinea included United States ($9.5B), Netherlands ($1.52B), and Guatemala ($846M).

Difference in imports from Costa Rica () and Papua New Guinea () (2023)

Comparative Advantage Papua New Guinea - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Papua New Guinea had a large net trade with Costa Rica in the exports of Vegetable Products ($372k) and Textiles ($11.1k).

During 2018, Costa Rica had a large net trade with Papua New Guinea in the exports of Vegetable Products ($53.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Papua New Guinea Costa Rica+$8.63kNon-fillet Frozen Fish

Top Product Potential Costa Rica Papua New Guinea+$26.4kConfectionery Sugar

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

Year

This visualization shows the product space at the HS4 level with the flags of Papua New Guinea and Costa Rica. This means that a dot/product with the flag of Papua New Guinea 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 Papua New Guinea.

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Historical Data

Bilateral Trade by Products

Exports from Papua New Guinea () to Costa Rica () (2023)

Exports from Costa Rica () to Papua New Guinea () (2023)

Market Competitiveness

Difference in imports from Costa Rica () and Papua New Guinea () (2023)

Comparative Advantage Papua New Guinea - Costa Rica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Papua New Guinea () and Costa Rica () (2023)

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