2022
Flag
 GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

Chinese Taipei-Costa Rica Trade: In 2022, Chinese Taipei exported $156M to Costa Rica. The main products that Chinese Taipei exported to Costa Rica were Polyacetals ($19.8M), Integrated Circuits ($7.69M), and Motor vehicles; parts and accessories (8701 to 8705) ($4.53M). Over the past 5 years the exports of Chinese Taipei to Costa Rica have increased at an annualized rate of 7.36%, from $110M in 2017 to $156M in 2022.

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

Costa Rica-Chinese Taipei Trade: In 2022, Costa Rica exported $69.5M to Chinese Taipei. The main products that Costa Rica exported to Chinese Taipei were Medical Instruments ($13.7M), Scrap Iron ($13.5M), and Low-voltage Protection Equipment ($6.42M). Over the past 5 years the exports of Costa Rica to Chinese Taipei have increased at an annualized rate of 7.61%,  from $48.2M in 2017 to $69.5M in 2022.

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

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $156M to Costa Rica. The main products exported from Chinese Taipei to Costa Rica were Polyacetals ($19.8M), Integrated Circuits ($7.69M), and Motor vehicles; parts and accessories (8701 to 8705) ($4.53M). During the last 5 years the exports of Chinese Taipei to Costa Rica have increased at an annualized rate of 7.36%, from $110M in 2017 to $156M in 2022.

In 2017, Costa Rica exported $69.5M to Chinese Taipei. The main products exported from Costa Rica to Chinese Taipei were Medical Instruments ($13.7M), Scrap Iron ($13.5M), and Low-voltage Protection Equipment ($6.42M). During the last 5 years the exports of Costa Rica to Chinese Taipei have increased at an annualized rate of 7.61%, from $48.2M in 2022 to $69.5M in 2017.

Exports from Chinese Taipei (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Costa Rica
Top Destination
United States$6.83B

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

In 2022, countries that imported more from Chinese Taipei than Costa Rica included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

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

Difference in imports from Costa Rica (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Costa Rica

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Costa Rica in the exports of Machines ($44.6M), Plastics and Rubbers ($43.4M), and Metals ($13.7M).

During 2017, Costa Rica had a large net trade with Chinese Taipei in the exports of Metals ($19.9M), Instruments ($18.9M), and Machines ($15.4M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Costa Rica (Flag) (2022)

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