Flag United States / Costa Rica Flag

2020
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Exports
: $5.46B, Rnk 37 / 218

2020
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Top Product
: $845M, Refined Petroleum

2020
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Exports
: $5.19B, Rnk 1 / 168

2020
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Top Product
: $2.18B, Medical Instruments

2020
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Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

2020
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Economic Complexity (ECI)
: ECI 0.18, Rnk 50 / 127

2020
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GDP
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
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GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 195

2020
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 GDP
: $61.8B, CURRENT US$
Rnk 76 / 195

2010-2020
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GDP GROWTH
: 64.2%, CURRENT US$
Rnk 37 / 195

2020
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GDP PC 
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
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GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 195

2020
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GDP PC
: $12,141, CURRENT US$
Rnk 65 / 195

2010-2020
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GDP PC GROWTH
: 47.6%, CURRENT US$
Rnk 31 / 195

United States-Costa Rica In 2020, United States exported $5.46B to Costa Rica. The main products that United States exported to Costa Rica are Refined Petroleum ($845M), Medical Instruments ($289M), and Broadcasting Equipment ($262M). During the last 25 years the exports of United States to Costa Rica have increased at an annualized rate of 4.73%, from $1.72B in 1995 to $5.46B in 2020.

In 2017, United States exported services to Costa Rica worth $1.87B, with Travel ($777M), Transportation ($426M), and Financial services ($239M) being the largest in terms of value.

Costa Rica-United States In 2020, Costa Rica exported $5.19B to United States. The main products that Costa Rica exported to United States were Medical Instruments ($2.18B), Tropical Fruits ($486M), and Bananas ($417M). During the last 25 years the exports of Costa Rica to United States have increased at an annualized rate of 4.93%, from $1.56B in 1995 to $5.19B in 2020.

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

Comparison In 2020,  United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T). That same year, Costa Rica ranked 50 in the Economic Complexity Index (ECI 0.18), and 76 in total exports ($14B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, United States exported $5.46B to Costa Rica. The main products exported from United States to Costa Rica were Refined Petroleum ($845M), Medical Instruments ($289M), and Broadcasting Equipment ($262M). During the last 25 years the exports of United States to Costa Rica have increased at an annualized rate of 4.73%, from $1.72B in 1995 to $5.46B in 2020.

In 2020, Costa Rica exported $5.19B to United States. The main products exported from Costa Rica to United States were Medical Instruments ($2.18B), Tropical Fruits ($486M), and Bananas ($417M). During the last 25 years the exports of Costa Rica to United States have increased at an annualized rate of 4.93%, from $1.56B in 1995 to $5.19B in 2020.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $218B

Costa Rica
Top Destination
: United States, $5.19B

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

In 2019, countries that imported more from United States than Costa Rica were Canada ($218B), Mexico ($196B), and China ($122B).

In 2019, countries that imported more from Costa Rica than United States were Guam ($22.2k) and Northern Mariana Islands ($4.5k).

Comparative Advantage United States - Costa Rica

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Flow

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

During 2020, United States had a large net trade with Costa Rica in the exports of Machines ($1.33B), Mineral Products ($947M), and Plastics and Rubbers ($600M).

During 2020, Costa Rica had a large net trade with United States in the exports of Instruments ($2.67B), Vegetable Products ($1.33B), and Plastics and Rubbers ($303M).

Bilateral Service Trade

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In 2017, United States exported services to Costa Rica worth $1.87B, with Travel ($777M), Transportation ($426M), and Financial services ($239M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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