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Pricing

2022
Flag → Flag
Exports $97.7MRnk 88 / 138
2022
Flag → Flag
Top Product $57.1MNitrogenous Fertilizers
2022
Flag → Flag
Exports $24.4MRnk 48 / 178
2022
Flag → Flag
Top Product $22.4MTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

Russia-Costa Rica Trade: In 2022, Russia exported $97.7M to Costa Rica. The main products that Russia exported to Costa Rica were Nitrogenous Fertilizers ($57.1M), Mixed Mineral or Chemical Fertilizers ($11.2M), and Potassic Fertilizers ($9.7M). Over the past 5 years the exports of Russia to Costa Rica have increased at an annualized rate of 17.3%, from $43.9M in 2017 to $97.7M in 2022.

In 2020, Russia exported services to Costa Rica worth $296k, with Transportation ($124k), Computer and information services ($93k), and Other business services ($69k) being the largest in terms of value.

Costa Rica-Russia Trade: In 2022, Costa Rica exported $24.4M to Russia. The main products that Costa Rica exported to Russia were Tropical Fruits ($22.4M), Bananas ($513k), and Raw Sugar ($421k). Over the past 5 years the exports of Costa Rica to Russia have decreased at an annualized rate of 23.5%,  from $92.8M in 2017 to $24.4M in 2022.

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

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $4.34M and imported $8M from Costa Rica, resulting in a negative trade balance of $3.65M. Between January 2021 and January 2022 the exports of Russia have increased by $3.45M (385%) from $895k to $4.34M, while imports increased by $2.28M (39.9%) from $5.71M to $8M.

Trade In January 2022, the top exports of Russia to Costa Rica were Aluminium Wire ($165k), Nitrogenous Fertilizers ($148k), Nitrites and Nitrates ($115k), Synthetic Rubber ($74.7k), and Other Uncoated Paper ($72.1k). In January 2022 the top imports of Russia from Costa Rica were Tropical Fruits ($3.07M), Bananas ($949k), Medical Instruments ($697k), Jams ($186k), and Orthopedic Appliances ($157k).

Origins In January 2022 the exports of Russia were mainly from SVERDLOVSK REGION ($3.01M), TULA REGION ($366k), IRKUTSK REGION ($308k), REPUBLIC OF BURYATIA ($158k), and LENINGRAD REGION ($129k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($3.92M), ST. PETERSBURG ($2.54M), MOSCOW REGION ($874k), KRASNODAR TERRITORY ($442k), and NIZHNY NOVGOROD REGION ($60k).

Growth In January 2022, the increase in Russia's year-by-year exports to Costa Rica was explained primarily by an increase in product exports in Synthetic Rubber ($40.1k or 116%), Other Coloring Matter ($35.6k or 100%), and Soap ($284 or 123%). In January 2022, the increase in Russia's year-by-year imports  from Costa Rica was explained primarily by an increase in product imports  in Jams ($147k or 386%), Medical Instruments ($98.2k or 16.4%), and Integrated Circuits ($59.1k or 1.27k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$3.45M(385%)
IMPORT GROWTH (January 2021 - January 2022)$2.28M(39.9%)
MAIN EXPORTER (January 2022)SVERDLOVSK REGION$3.01M

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

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

For full datasets download visit Bulk Download page.

Explore Costa Rica and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $97.7M to Costa Rica. The main products exported from Russia to Costa Rica were Nitrogenous Fertilizers ($57.1M), Mixed Mineral or Chemical Fertilizers ($11.2M), and Potassic Fertilizers ($9.7M). During the last 5 years the exports of Russia to Costa Rica have increased at an annualized rate of 17.3%, from $43.9M in 2017 to $97.7M in 2022.

In 2017, Costa Rica exported $24.4M to Russia. The main products exported from Costa Rica to Russia were Tropical Fruits ($22.4M), Bananas ($513k), and Raw Sugar ($421k). During the last 5 years the exports of Costa Rica to Russia have decreased at an annualized rate of 23.5%, from $92.8M in 2022 to $24.4M in 2017.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Russia than Costa Rica included China ($101B), India ($40.4B), and Germany ($27.7B).

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

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

Comparative Advantage Russia - Costa Rica

Flow
Scale

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

During 2022, Russia had a large net trade with Costa Rica in the exports of Chemical Products ($80.3M), Metals ($12.6M), and Paper Goods ($1.88M).

During 2017, Costa Rica had a large net trade with Russia in the exports of Vegetable Products ($23.2M), Foodstuffs ($1.1M), and Plastics and Rubbers ($48.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Costa Rica+$4.42MMixed Mineral or Chemical Fertilizers
Top Product Potential Costa Rica Russia+$2.79MTropical Fruits

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

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

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