2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC 
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

Costa Rica-Cuba Trade: In 2022, Costa Rica exported $26.5M to Cuba. The main products that Costa Rica exported to Cuba were Vaccines, blood, antisera, toxins and cultures ($19.1M), Packaged Medicaments ($2.52M), and Pesticides ($2.04M). Over the past 5 years the exports of Costa Rica to Cuba have increased at an annualized rate of 4.16%, from $21.6M in 2017 to $26.5M in 2022.

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

Cuba-Costa Rica Trade: In 2022, Cuba exported $304k to Costa Rica. The main products that Cuba exported to Costa Rica were Raw Tobacco ($175k), Rolled Tobacco ($53k), and Vaccines, blood, antisera, toxins and cultures ($20.5k). Over the past 5 years the exports of Cuba to Costa Rica have decreased at an annualized rate of 47%,  from $7.28M in 2017 to $304k in 2022.

In 2022, Cuba 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, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $26.5M to Cuba. The main products exported from Costa Rica to Cuba were Vaccines, blood, antisera, toxins and cultures ($19.1M), Packaged Medicaments ($2.52M), and Pesticides ($2.04M). During the last 5 years the exports of Costa Rica to Cuba have increased at an annualized rate of 4.16%, from $21.6M in 2017 to $26.5M in 2022.

In 2017, Cuba exported $304k to Costa Rica. The main products exported from Cuba to Costa Rica were Raw Tobacco ($175k), Rolled Tobacco ($53k), and Vaccines, blood, antisera, toxins and cultures ($20.5k). During the last 5 years the exports of Cuba to Costa Rica have decreased at an annualized rate of 47%, from $7.28M in 2022 to $304k in 2017.

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

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

Latest Data

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

Costa Rica Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Cuba
Top Destination
China$426M

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 2022, countries that imported more from Costa Rica than Cuba included United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

In 2022, countries that imported more from Cuba than Costa Rica included Cyprus ($31.2M), Macau ($28.9M), and Andorra ($4.23M).

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

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 2022, Costa Rica had a large net trade with Cuba in the exports of Chemical Products ($24.4M), Foodstuffs ($1.13M), and Stone And Glass ($261k).

During 2017, Cuba had a large net trade with Costa Rica in the exports of Foodstuffs ($247k), Chemical Products ($20.5k), and Wood Products ($19.2k).

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) (2022)

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