Costa Rica (CRI) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Costa Rica-Greece Trade: In 2022, Costa Rica exported $16.6M to Greece. The main products that Costa Rica exported to Greece were Bananas ($6.52M), Tropical Fruits ($5.73M), and Coffee ($3.31M). Over the past 5 years the exports of Costa Rica to Greece have increased at an annualized rate of 1.23%, from $15.6M in 2017 to $16.6M in 2022.

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

Greece-Costa Rica Trade: In 2022, Greece exported $5.05M to Costa Rica. The main products that Greece exported to Costa Rica were Packaged Medicaments ($2.28M), Other Processed Fruits and Nuts ($560k), and Other Processed Vegetables ($243k). Over the past 5 years the exports of Greece to Costa Rica have increased at an annualized rate of 22.5%, from $1.83M in 2017 to $5.05M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Costa Rica exported $16.6M to Greece. The main products exported from Costa Rica to Greece were Bananas ($6.52M), Tropical Fruits ($5.73M), and Coffee ($3.31M). During the last 5 years the exports of Costa Rica to Greece have increased at an annualized rate of 1.23%, from $15.6M in 2017 to $16.6M in 2022.

In 2017, Greece exported $5.05M to Costa Rica. The main products exported from Greece to Costa Rica were Packaged Medicaments ($2.28M), Other Processed Fruits and Nuts ($560k), and Other Processed Vegetables ($243k). During the last 5 years the exports of Greece to Costa Rica have increased at an annualized rate of 22.5%, from $1.83M in 2022 to $5.05M in 2017.

Exports from Costa Rica () to Greece () (2022)

Exports from Greece () to Costa Rica () (2022)

Latest Data

Trade between Costa Rica () and Greece ()

Costa Rica Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

Greece
Top DestinationItaly$5.82B

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

In 2022, countries that imported more from Costa Rica than Greece included United States ($6.83B), Guatemala ($821M), and Nicaragua ($593M).

In 2022, countries that imported more from Greece than Costa Rica included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

Difference in imports from Greece () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Costa Rica had a large net trade with Greece in the exports of Vegetable Products ($16M), Instruments ($181k), and Foodstuffs ($169k).

During 2017, Greece had a large net trade with Costa Rica in the exports of Chemical Products ($2.41M), Foodstuffs ($1.28M), and Machines ($379k).

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 Greece+$2.03MCoffee

Top Product Potential Greece Costa Rica+$2.22MPackaged Medicaments

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.

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Costa Rica () to Greece () (2022)

Exports from Greece () to Costa Rica () (2022)

Latest Data

Trade between Costa Rica () and Greece ()

Costa Rica Exports

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Costa Rica () and Greece () (2022)

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