Costa Rica (CRI) and China (CHN) Trade | The Observatory of Economic Complexity

About

Costa Rica-China Trade: In 2023, Costa Rica exported $1.17B to China. The main products that Costa Rica exported to China were Integrated Circuits ($557M), Medical Instruments ($350M), and Frozen Bovine Meat ($53M). Over the past 5 years the exports of Costa Rica to China have increased at an annualized rate of 15.5%, from $566M in 2018 to $1.17B in 2023.

In 2023, Costa Rica did not export any services to China.

China-Costa Rica Trade: In 2023, China exported $3.43B to Costa Rica. The main products that China exported to Costa Rica were Cars ($245M), Broadcasting Equipment ($213M), and Computers ($99M). Over the past 5 years the exports of China to Costa Rica have increased at an annualized rate of 8.22%, from $2.31B in 2018 to $3.43B in 2023.

In 2023, China did not export any services to Costa Rica.

Comparison: In 2023, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B). That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Costa Rica exported $1.17B to China. The main products exported from Costa Rica to China were Integrated Circuits ($557M), Medical Instruments ($350M), and Frozen Bovine Meat ($53M). During the last 5 years the exports of Costa Rica to China have increased at an annualized rate of 15.5%, from $566M in 2018 to $1.17B in 2023.

In 2018, China exported $3.43B to Costa Rica. The main products exported from China to Costa Rica were Cars ($245M), Broadcasting Equipment ($213M), and Computers ($99M). During the last 5 years the exports of China to Costa Rica have increased at an annualized rate of 8.22%, from $2.31B in 2023 to $3.43B in 2018.

Exports from Costa Rica () to China () (2023)

Exports from China () to Costa Rica () (2023)

Latest Data

Trade between Costa Rica () and China ()

Costa Rica Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$9.5B

China
Top DestinationUnited States$436B

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

In 2023, countries that imported more from Costa Rica than China included Saint Martin ($511k), Guam ($8k), and Anguilla ($6.69k).

In 2023, countries that imported more from China than Costa Rica included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China () and Costa Rica () (2023)

Comparative Advantage Costa Rica - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Costa Rica had a large net trade with China in the exports of Machines ($588M), Instruments ($425M), and Animal Products ($59.7M).

During 2018, China had a large net trade with Costa Rica in the exports of Machines ($1.14B), Metals ($496M), and Transportation ($421M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Costa Rica China+$109MMedical Instruments

Top Product Potential China Costa Rica+$86.8MTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Costa Rica () to China () (2023)

Exports from China () to Costa Rica () (2023)

Latest Data

Trade between Costa Rica () and China ()

Costa Rica Exports

China Exports

Market Competitiveness

Difference in imports from China () and Costa Rica () (2023)

Comparative Advantage Costa Rica - China

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Costa Rica () and China () (2023)

Keep Exploring