2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 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
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Costa Rica-Austria In 2022, Costa Rica exported $884k to Austria. The main products that Costa Rica exported to Austria are Crustaceans ($295k), Semiconductor Devices ($253k), and Medical Instruments ($42.2k). During the last 27 years the exports of Costa Rica to Austria have decreased at an annualized rate of 12.3%, from $30.9M in 1995 to $884k in 2022.

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

Austria-Costa Rica In 2022, Austria exported $35.8M to Costa Rica. The main products that Austria exported to Costa Rica were Packaged Medicaments ($7.21M), Rubberworking Machinery ($3.39M), and Vaccines, blood, antisera, toxins and cultures ($2.82M). During the last 27 years the exports of Austria to Costa Rica have increased at an annualized rate of 6.49%, from $6.56M in 1995 to $35.8M in 2022.

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

Comparison In 2022,  Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.31), and 82 in total exports ($17.2B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $884k to Austria. The main products exported from Costa Rica to Austria were Crustaceans ($295k), Semiconductor Devices ($253k), and Medical Instruments ($42.2k). During the last 27 years the exports of Costa Rica to Austria have decreased at an annualized rate of 12.3%, from $30.9M in 1995 to $884k in 2022.

In 2022, Austria exported $35.8M to Costa Rica. The main products exported from Austria to Costa Rica were Packaged Medicaments ($7.21M), Rubberworking Machinery ($3.39M), and Vaccines, blood, antisera, toxins and cultures ($2.82M). During the last 27 years the exports of Austria to Costa Rica have increased at an annualized rate of 6.49%, from $6.56M in 1995 to $35.8M in 2022.

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

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

Latest Data

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

Costa Rica Exports

Austria Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Austria
Top Destination
Germany$57.7B

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

In 2021, countries that imported more from Costa Rica than Austria were Guatemala ($821M), Nicaragua ($593M), and Panama ($564M).

In 2021, countries that imported more from Austria than Costa Rica were Germany ($57.7B), Italy ($13.6B), and Switzerland ($11.2B).

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

Comparative Advantage Costa Rica - Austria

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Austria in the exports of Machines ($344k), Animal Products ($295k), and Instruments ($76.1k).

During 2022, Austria had a large net trade with Costa Rica in the exports of Chemical Products ($10.7M), Machines ($10.6M), and Transportation ($3.18M).

Economic Complexity

Competitive Landscape

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

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

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