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Pricing

2022
Flag → Flag
Exports $3.01BRnk 92 / 211
2022
Flag → Flag
Top Product $150MBroadcasting Equipment
2022
Flag → Flag
Exports $430MRnk 8 / 178
2022
Flag → Flag
Top Product $156MMedical Instruments
2022
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Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
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Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
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 GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
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GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
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GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
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GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
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GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

China-Costa Rica Trade: In 2022, China exported $3.01B to Costa Rica. The main products that China exported to Costa Rica were Broadcasting Equipment ($150M), Cars ($128M), and Computers ($99.9M). Over the past 5 years the exports of China to Costa Rica have increased at an annualized rate of 9.05%, from $1.95B in 2017 to $3.01B in 2022.

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

Costa Rica-China Trade: In 2022, Costa Rica exported $430M to China. The main products that Costa Rica exported to China were Medical Instruments ($156M), Frozen Bovine Meat ($95.7M), and Semiconductor Devices ($25.9M). Over the past 5 years the exports of Costa Rica to China have increased at an annualized rate of 13.8%,  from $225M in 2017 to $430M in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Latest Trends

August, 2024

About

Overview In August 2024, China exported $307M and imported $292M from Costa Rica, resulting in a positive trade balance of $15.4M. Between August 2023 and August 2024 the exports of China have increased by $35.8M (13.2%) from $272M to $307M, while imports increased by $92.3M (46.2%) from $200M to $292M.

Trade In August 2024, the top exports of China to Costa Rica were Cars ($26.6M), Telephones ($11.7M), Printed Circuit Boards ($7.88M), Coated Flat-Rolled Iron ($6.34M), and Rubber Tires ($4.91M). In August 2024 the top imports of China from Costa Rica were Integrated Circuits ($99.6M), Medical Instruments ($29.6M), Frozen Bovine Meat ($3.32M), Low-voltage Protection Equipment ($2.33M), and Orthopedic Appliances ($2.01M).

Origins In August 2024 the exports of China were mainly from Guangdong Province ($75.7M), Zhejiang Province ($65.4M), Jiangsu Province ($25.6M), Shandong Province ($21.7M), and Shanghai Province ($20.8M), while imports destinations were mainly Guangdong Province ($181M), Shanghai Province ($72.5M), Fujian Province ($11.3M), Tianjin ($7.31M), and Beijing ($6.12M).

Growth In August 2024, the increase in China's year-by-year exports to Costa Rica was explained primarily by an increase in product exports in Cars ($14.7M or 123%), Coated Flat-Rolled Iron ($6.3M or 16.5k%), and Buses ($4.1M or 15k%). In August 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 ($91.9M or 1.19k%), Optical Fibers and optical fibre bundles ($888k or 5.17k%), and Sowing Seeds ($165k or 10.4k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$35.8M(13.2%)
IMPORT GROWTH (August 2023 - August 2024)$92.3M(46.2%)
MAIN EXPORTER (August 2024)Guangdong Province$75.7M

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $3.01B to Costa Rica. The main products exported from China to Costa Rica were Broadcasting Equipment ($150M), Cars ($128M), and Computers ($99.9M). During the last 5 years the exports of China to Costa Rica have increased at an annualized rate of 9.05%, from $1.95B in 2017 to $3.01B in 2022.

In 2017, Costa Rica exported $430M to China. The main products exported from Costa Rica to China were Medical Instruments ($156M), Frozen Bovine Meat ($95.7M), and Semiconductor Devices ($25.9M). During the last 5 years the exports of Costa Rica to China have increased at an annualized rate of 13.8%, from $225M in 2022 to $430M in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Costa Rica
Top DestinationUnited States$6.83B

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 2022, countries that imported more from China than Costa Rica included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Costa Rica than China included Saint Martin ($342k), Guam ($43.3k), and Northern Mariana Islands ($14.6k).

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

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 2022, China had a large net trade with Costa Rica in the exports of Machines ($909M), Metals ($483M), and Transportation ($277M).

During 2017, Costa Rica had a large net trade with China in the exports of Instruments ($173M), Animal Products ($104M), and Machines ($84.3M).

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.

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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) (2022)

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