2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
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GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 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
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Costa Rica-Bolivia In 2022, Costa Rica exported $1.52M to Bolivia. The main products that Costa Rica exported to Bolivia are Other Rubber Products ($461k), Twine and Rope ($146k), and Pasta ($89.4k). During the last 27 years the exports of Costa Rica to Bolivia have increased at an annualized rate of 2.95%, from $691k in 1995 to $1.52M in 2022.

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

Bolivia-Costa Rica In 2022, Bolivia exported $4.22M to Costa Rica. The main products that Bolivia exported to Costa Rica were Seed Oils ($1.71M), Dried Legumes ($1.54M), and Borax ($311k). During the last 27 years the exports of Bolivia to Costa Rica have increased at an annualized rate of 21.1%, from $23.9k in 1995 to $4.22M in 2022.

In 2022, Bolivia 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, Bolivia ranked 98 in the Economic Complexity Index (ECI -0.9), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $1.52M to Bolivia. The main products exported from Costa Rica to Bolivia were Other Rubber Products ($461k), Twine and Rope ($146k), and Pasta ($89.4k). During the last 27 years the exports of Costa Rica to Bolivia have increased at an annualized rate of 2.95%, from $691k in 1995 to $1.52M in 2022.

In 2022, Bolivia exported $4.22M to Costa Rica. The main products exported from Bolivia to Costa Rica were Seed Oils ($1.71M), Dried Legumes ($1.54M), and Borax ($311k). During the last 27 years the exports of Bolivia to Costa Rica have increased at an annualized rate of 21.1%, from $23.9k in 1995 to $4.22M in 2022.

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

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

Latest Data

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

Costa Rica Exports

Bolivia Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Bolivia
Top Destination
India$2.27B

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

In 2021, countries that imported more from Costa Rica than Bolivia were United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

In 2021, countries that imported more from Bolivia than Costa Rica were India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

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

Comparative Advantage Costa Rica - Bolivia

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Bolivia in the exports of Plastics and Rubbers ($542k), Machines ($279k), and Foodstuffs ($160k).

During 2022, Bolivia had a large net trade with Costa Rica in the exports of Animal and Vegetable Bi-Products ($1.75M), Vegetable Products ($1.67M), and Mineral Products ($311k).

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

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

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