Sign In
Pricing

2022
Flag → Flag
Exports $335MRnk 12 / 178
2022
Flag → Flag
Top Product $107MBananas
2022
Flag → Flag
Exports $113MRnk 101 / 224
2022
Flag → Flag
Top Product $23.2MCars
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Costa Rica-United Kingdom Trade: In 2022, Costa Rica exported $335M to United Kingdom. The main products that Costa Rica exported to United Kingdom were Bananas ($107M), Orthopedic Appliances ($61.2M), and Tropical Fruits ($52.7M). Over the past 5 years the exports of Costa Rica to United Kingdom have increased at an annualized rate of 4.09%, from $274M in 2017 to $335M in 2022.

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

United Kingdom-Costa Rica Trade: In 2022, United Kingdom exported $113M to Costa Rica. The main products that United Kingdom exported to Costa Rica were Cars ($23.2M), Hard Liquor ($9.09M), and Machinery Having Individual Functions ($5.03M). Over the past 5 years the exports of United Kingdom to Costa Rica have increased at an annualized rate of 0.15%,  from $111M in 2017 to $113M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $335M to United Kingdom. The main products exported from Costa Rica to United Kingdom were Bananas ($107M), Orthopedic Appliances ($61.2M), and Tropical Fruits ($52.7M). During the last 5 years the exports of Costa Rica to United Kingdom have increased at an annualized rate of 4.09%, from $274M in 2017 to $335M in 2022.

In 2017, United Kingdom exported $113M to Costa Rica. The main products exported from United Kingdom to Costa Rica were Cars ($23.2M), Hard Liquor ($9.09M), and Machinery Having Individual Functions ($5.03M). During the last 5 years the exports of United Kingdom to Costa Rica have increased at an annualized rate of 0.15%, from $111M in 2022 to $113M in 2017.

Exports from Costa Rica (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Costa Rica (Flag) (2022)

Latest Data

Trade between Costa Rica (Flag) and United Kingdom (Flag)

Costa Rica Exports

United Kingdom Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from Costa Rica than United Kingdom included Guatemala ($821M), Honduras ($517M), and Nicaragua ($593M).

In 2022, countries that imported more from United Kingdom than Costa Rica included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Costa Rica (Flag) (2022)

Comparative Advantage Costa Rica - United Kingdom

Flow
Scale

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

During 2022, Costa Rica had a large net trade with United Kingdom in the exports of Vegetable Products ($184M), Instruments ($98.3M), and Foodstuffs ($18.3M).

During 2017, United Kingdom had a large net trade with Costa Rica in the exports of Transportation ($27.2M), Chemical Products ($20M), and Machines ($19.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica United Kingdom+$34.8MMedical Instruments
Top Product Potential United Kingdom Costa Rica+$15.6MCars

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

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

Product Space of Costa Rica (Flag) and United Kingdom (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms