2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 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
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Costa Rica-Estonia Trade: In 2022, Costa Rica exported $6.56M to Estonia. The main products that Costa Rica exported to Estonia were Bananas ($2.62M), Medical Instruments ($1.19M), and Tropical Fruits ($1.01M). Over the past 5 years the exports of Costa Rica to Estonia have decreased at an annualized rate of 5.59%, from $8.75M in 2017 to $6.56M in 2022.

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

Estonia-Costa Rica Trade: In 2022, Estonia exported $1.2M to Costa Rica. The main products that Estonia exported to Costa Rica were Broadcasting Equipment ($235k), Plywood ($189k), and Fishing and Hunting Equipment ($130k). Over the past 5 years the exports of Estonia to Costa Rica have decreased at an annualized rate of 24.9%,  from $5.03M in 2017 to $1.2M in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $6.56M to Estonia. The main products exported from Costa Rica to Estonia were Bananas ($2.62M), Medical Instruments ($1.19M), and Tropical Fruits ($1.01M). During the last 5 years the exports of Costa Rica to Estonia have decreased at an annualized rate of 5.59%, from $8.75M in 2017 to $6.56M in 2022.

In 2017, Estonia exported $1.2M to Costa Rica. The main products exported from Estonia to Costa Rica were Broadcasting Equipment ($235k), Plywood ($189k), and Fishing and Hunting Equipment ($130k). During the last 5 years the exports of Estonia to Costa Rica have decreased at an annualized rate of 24.9%, from $5.03M in 2022 to $1.2M in 2017.

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

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

Latest Data

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

Estonia Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Estonia
Top Destination
Finland$3B

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

In 2022, countries that imported more from Costa Rica than Estonia included United States ($6.83B), Guatemala ($821M), and Panama ($564M).

In 2022, countries that imported more from Estonia than Costa Rica included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Costa Rica - Estonia

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Estonia in the exports of Vegetable Products ($4.25M), Instruments ($1.75M), and Machines ($210k).

During 2017, Estonia had a large net trade with Costa Rica in the exports of Machines ($373k), Miscellaneous ($228k), and Wood Products ($209k).

Economic Complexity

Competitive Landscape

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

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

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