2023
Flag  
GDP
$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH
69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC 
$16,942CURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP PC GROWTH
56.8%CURRENT US$
Rnk 34 / 195

About

Costa Rica-Cuba Trade: In 2023, Costa Rica exported $32.5M to Cuba. The main products that Costa Rica exported to Cuba were Vaccines, blood, antisera, toxins and cultures ($23.3M), Packaged Medicaments ($3.83M), and Animal Food ($968k). Over the past 5 years the exports of Costa Rica to Cuba have decreased at an annualized rate of 3.72%, from $39.2M in 2018 to $32.5M in 2023.

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

Cuba-Costa Rica Trade: In 2023, Cuba exported $888k to Costa Rica. The main products that Cuba exported to Costa Rica were Vaccines, blood, antisera, toxins and cultures ($321k), Raw Tobacco ($276k), and Rolled Tobacco ($141k). Over the past 5 years the exports of Cuba to Costa Rica have decreased at an annualized rate of 3.85%,  from $1.08M in 2018 to $888k in 2023.

In 2023, Cuba 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, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Costa Rica exported $32.5M to Cuba. The main products exported from Costa Rica to Cuba were Vaccines, blood, antisera, toxins and cultures ($23.3M), Packaged Medicaments ($3.83M), and Animal Food ($968k). During the last 5 years the exports of Costa Rica to Cuba have decreased at an annualized rate of 3.72%, from $39.2M in 2018 to $32.5M in 2023.

In 2018, Cuba exported $888k to Costa Rica. The main products exported from Cuba to Costa Rica were Vaccines, blood, antisera, toxins and cultures ($321k), Raw Tobacco ($276k), and Rolled Tobacco ($141k). During the last 5 years the exports of Cuba to Costa Rica have decreased at an annualized rate of 3.85%, from $1.08M in 2023 to $888k in 2018.

Exports from Costa Rica (Flag) to Cuba (Flag) (2023)

Exports from Cuba (Flag) to Costa Rica (Flag) (2023)

Latest Data

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

Costa Rica Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$9.5B
Cuba
Top Destination
China$358M

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

In 2023, countries that imported more from Costa Rica than Cuba included United States ($9.5B), Netherlands ($1.52B), and Guatemala ($846M).

In 2023, countries that imported more from Cuba than Costa Rica included Cyprus ($42.5M), Macau ($29.2M), and Andorra ($3.77M).

Difference in imports from Cuba (Flag) and Costa Rica (Flag) (2023)

Comparative Advantage Costa Rica - Cuba

Flow
Scale

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

During 2023, Costa Rica had a large net trade with Cuba in the exports of Chemical Products ($28.9M), Foodstuffs ($1.55M), and Stone And Glass ($828k).

During 2018, Cuba had a large net trade with Costa Rica in the exports of Foodstuffs ($446k), Chemical Products ($321k), and Textiles ($35.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Costa Rica (Flag) and Cuba (Flag) (2023)

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