2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH
5.12%CURRENT US$
Rnk 155 / 186
2022
Flag
GDP PC 
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC
$41,993CURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP PC GROWTH
-6.48%CURRENT US$
Rnk 157 / 186

About

Costa Rica-Andorra Trade: In 2022, Costa Rica exported $58.6k to Andorra. The main products that Costa Rica exported to Andorra were Medical Instruments ($57k), Light Fixtures ($1.33k), and Imitation Jewellery ($275). Over the past 5 years the exports of Costa Rica to Andorra have increased at an annualized rate of 77.1%, from $3.37k in 2017 to $58.6k in 2022.

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

Andorra-Costa Rica Trade: In 2022, Andorra exported $27.5k to Costa Rica. The main products that Andorra exported to Costa Rica were Air Pumps ($19.8k), Integrated Circuits ($6.12k), and Centrifuges ($1.56k). Over the past 5 years the exports of Andorra to Costa Rica have increased at an annualized rate of 17.5%,  from $12.3k in 2017 to $27.5k in 2022.

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

Comparison In 2022,  Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32),  and 82 in total exports ($17.2B). That same year, Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $58.6k to Andorra. The main products exported from Costa Rica to Andorra were Medical Instruments ($57k), Light Fixtures ($1.33k), and Imitation Jewellery ($275). During the last 5 years the exports of Costa Rica to Andorra have increased at an annualized rate of 77.1%, from $3.37k in 2017 to $58.6k in 2022.

In 2017, Andorra exported $27.5k to Costa Rica. The main products exported from Andorra to Costa Rica were Air Pumps ($19.8k), Integrated Circuits ($6.12k), and Centrifuges ($1.56k). During the last 5 years the exports of Andorra to Costa Rica have increased at an annualized rate of 17.5%, from $12.3k in 2022 to $27.5k in 2017.

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

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

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Andorra
Top Destination
Spain$297M

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

In 2022, countries that imported more from Costa Rica than Andorra included United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

In 2022, countries that imported more from Andorra than Costa Rica included Spain ($297M), Algeria ($1.22M), and Ethiopia ($535k).

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

Comparative Advantage Costa Rica - Andorra

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Andorra in the exports of Instruments ($57k), Miscellaneous ($1.33k), and Precious Metals ($275).

During 2017, Andorra had a large net trade with Costa Rica in the exports of Machines ($27.5k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Costa Rica and Andorra. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Andorra. Similarly, a dot/product with the flag of Andorra indicates it has a comparative advantage over Costa Rica.

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

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