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2022
Flag → Flag
Exports $21.8MRnk 51 / 178
2022
Flag → Flag
Top Product $8.44MMedical Instruments
2022
Flag → Flag
Exports $143MRnk 66 / 168
2022
Flag → Flag
Top Product $57.9MDelivery Trucks
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Costa Rica-Argentina Trade: In 2022, Costa Rica exported $21.8M to Argentina. The main products that Costa Rica exported to Argentina were Medical Instruments ($8.44M), Liquid Pumps ($2.86M), and Other Rubber Products ($2.68M). Over the past 5 years the exports of Costa Rica to Argentina have increased at an annualized rate of 0.39%, from $21.3M in 2017 to $21.8M in 2022.

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

Argentina-Costa Rica Trade: In 2022, Argentina exported $143M to Costa Rica. The main products that Argentina exported to Costa Rica were Delivery Trucks ($57.9M), Cars ($23.1M), and Packaged Medicaments ($7.81M). Over the past 5 years the exports of Argentina to Costa Rica have increased at an annualized rate of 4.58%,  from $115M in 2017 to $143M in 2022.

In 2022, Argentina 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, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $21.8M to Argentina. The main products exported from Costa Rica to Argentina were Medical Instruments ($8.44M), Liquid Pumps ($2.86M), and Other Rubber Products ($2.68M). During the last 5 years the exports of Costa Rica to Argentina have increased at an annualized rate of 0.39%, from $21.3M in 2017 to $21.8M in 2022.

In 2017, Argentina exported $143M to Costa Rica. The main products exported from Argentina to Costa Rica were Delivery Trucks ($57.9M), Cars ($23.1M), and Packaged Medicaments ($7.81M). During the last 5 years the exports of Argentina to Costa Rica have increased at an annualized rate of 4.58%, from $115M in 2022 to $143M in 2017.

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

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

Latest Data

Trade between Costa Rica (Flag) and Argentina (Flag)

Costa Rica Exports

Argentina Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
Argentina
Top DestinationBrazil$12.6B

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

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

In 2022, countries that imported more from Argentina than Costa Rica included Brazil ($12.6B), China ($8B), and Chile ($5.11B).

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

Comparative Advantage Costa Rica - Argentina

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Argentina in the exports of Instruments ($10.1M), Machines ($5.17M), and Plastics and Rubbers ($4.81M).

During 2017, Argentina had a large net trade with Costa Rica in the exports of Transportation ($82.2M), Chemical Products ($12.3M), and Foodstuffs ($11M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Argentina+$7.55MMedical Instruments
Top Product Potential Argentina Costa Rica+$6.38MCars

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 Costa Rica and Argentina. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Costa Rica.

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

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