NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $3.43BRnk 87 / 208
2023
Flag → Flag
Top Product $245MCars
2023
Flag → Flag
Exports $1.17BRnk 3 / 172
2023
Flag → Flag
Top Product $557MIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC$16,942CURRENT US$
Rnk 69 / 196
2013-2023
Flag
GDP PC GROWTH56.8%CURRENT US$
Rnk 34 / 195

About

China-Costa Rica Trade: In 2023, China exported $3.43B to Costa Rica. The main products that China exported to Costa Rica were Cars ($245M), Broadcasting Equipment ($213M), and Computers ($99M). Over the past 5 years the exports of China to Costa Rica have increased at an annualized rate of 8.22%, from $2.31B in 2018 to $3.43B in 2023.

In 2023, China did not export any services to Costa Rica.

Costa Rica-China Trade: In 2023, Costa Rica exported $1.17B to China. The main products that Costa Rica exported to China were Integrated Circuits ($557M), Medical Instruments ($350M), and Frozen Bovine Meat ($53M). Over the past 5 years the exports of Costa Rica to China have increased at an annualized rate of 15.5%,  from $566M in 2018 to $1.17B in 2023.

In 2023, Costa Rica did not export any services to China.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $335M and imported $610M from Costa Rica, resulting in a negative trade balance of $275M. Between December 2023 and December 2024 the exports of China have increased by $108M (47.5%) from $227M to $335M, while imports increased by $325M (114%) from $286M to $610M.

Trade In December 2024, the top exports of China to Costa Rica were Cars ($20.6M), Telephones ($15.5M), Printed Circuit Boards ($11.1M), Coated Flat-Rolled Iron ($10.9M), and Cold-Rolled Iron ($9.79M). In December 2024 the top imports of China from Costa Rica were Integrated Circuits ($188M), Medical Instruments ($47.7M), Orthopedic Appliances ($11.4M), Frozen Bovine Meat ($4.45M), and Special Pharmaceuticals ($3.27M).

Origins In December 2024 the exports of China were mainly from Guangdong Province ($65.9M), Zhejiang Province ($49.8M), Jiangsu Province ($43.2M), Shandong Province ($26.9M), and Fujian Province ($26M), while imports destinations were mainly Guangdong Province ($434M), Shanghai Province ($61.7M), Fujian Province ($34.5M), Shandong Province ($23.9M), and Tianjin ($18.1M).

Growth In December 2024, the increase in China's year-by-year exports to Costa Rica was explained primarily by an increase in product exports in Cold-Rolled Iron ($9.57M or 4.44k%), Coated Flat-Rolled Iron ($4.52M or 71.3%), and Telephones ($3.8M or 32.4%). In December 2024, the increase in China's year-by-year imports  from Costa Rica was explained primarily by an increase in product imports  in Integrated Circuits ($88.5M or 88.8%), Medical Instruments ($18.1M or 61.2%), and Orthopedic Appliances ($9.36M or 466%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$108M(47.5%)
IMPORT GROWTH (December 2023 - December 2024)$325M(114%)
MAIN EXPORTER (December 2024)Guangdong Province$65.9M

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

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

For full datasets download visit Bulk Download page.

Explore Costa Rica and China Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $3.43B to Costa Rica. The main products exported from China to Costa Rica were Cars ($245M), Broadcasting Equipment ($213M), and Computers ($99M). During the last 5 years the exports of China to Costa Rica have increased at an annualized rate of 8.22%, from $2.31B in 2018 to $3.43B in 2023.

In 2018, Costa Rica exported $1.17B to China. The main products exported from Costa Rica to China were Integrated Circuits ($557M), Medical Instruments ($350M), and Frozen Bovine Meat ($53M). During the last 5 years the exports of Costa Rica to China have increased at an annualized rate of 15.5%, from $566M in 2023 to $1.17B in 2018.

Exports from China (Flag) to Costa Rica (Flag) (2023)

Exports from Costa Rica (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Costa Rica
Top DestinationUnited States$9.5B

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

In 2023, countries that imported more from China than Costa Rica included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Costa Rica than China included Saint Martin ($511k), Guam ($8k), and Anguilla ($6.69k).

Difference in imports from Costa Rica (Flag) and China (Flag) (2023)

Comparative Advantage China - Costa Rica

Flow
Scale

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

During 2023, China had a large net trade with Costa Rica in the exports of Machines ($1.14B), Metals ($496M), and Transportation ($421M).

During 2018, Costa Rica had a large net trade with China in the exports of Machines ($588M), Instruments ($425M), and Animal Products ($59.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Costa Rica+$86.8MTelephones
Top Product Potential Costa Rica China+$109MMedical Instruments

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of China (Flag) and Costa Rica (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms