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Pricing

2022
Flag → Flag
Exports $112MRnk 20 / 178
2022
Flag → Flag
Top Product $77.4MIntegrated Circuits
2022
Flag → Flag
Exports $155MRnk 49 / 198
2022
Flag → Flag
Top Product $88.5MBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 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$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

Costa Rica-Hong Kong Trade: In 2022, Costa Rica exported $112M to Hong Kong. The main products that Costa Rica exported to Hong Kong were Integrated Circuits ($77.4M), Opto-Electric Instrument Parts ($5.72M), and Fish: dried, salted, smoked or in brine ($4.91M). Over the past 5 years the exports of Costa Rica to Hong Kong have decreased at an annualized rate of 11.8%, from $210M in 2017 to $112M in 2022.

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

Hong Kong-Costa Rica Trade: In 2022, Hong Kong exported $155M to Costa Rica. The main products that Hong Kong exported to Costa Rica were Broadcasting Equipment ($88.5M), Insulated Wire ($10.7M), and Hydrometers ($7.27M). Over the past 5 years the exports of Hong Kong to Costa Rica have decreased at an annualized rate of 1.43%,  from $167M in 2017 to $155M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $112M to Hong Kong. The main products exported from Costa Rica to Hong Kong were Integrated Circuits ($77.4M), Opto-Electric Instrument Parts ($5.72M), and Fish: dried, salted, smoked or in brine ($4.91M). During the last 5 years the exports of Costa Rica to Hong Kong have decreased at an annualized rate of 11.8%, from $210M in 2017 to $112M in 2022.

In 2017, Hong Kong exported $155M to Costa Rica. The main products exported from Hong Kong to Costa Rica were Broadcasting Equipment ($88.5M), Insulated Wire ($10.7M), and Hydrometers ($7.27M). During the last 5 years the exports of Hong Kong to Costa Rica have decreased at an annualized rate of 1.43%, from $167M in 2022 to $155M in 2017.

Exports from Costa Rica (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Costa Rica (Flag) (2022)

Latest Data

Trade between Costa Rica (Flag) and Hong Kong (Flag)

Costa Rica Exports

Hong Kong Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
Hong Kong
Top DestinationChina$23.4B

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

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

In 2022, countries that imported more from Hong Kong than Costa Rica included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Costa Rica (Flag) (2022)

Comparative Advantage Costa Rica - Hong Kong

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Hong Kong in the exports of Machines ($89.5M), Instruments ($11.6M), and Animal Products ($5.61M).

During 2017, Hong Kong had a large net trade with Costa Rica in the exports of Machines ($129M), Instruments ($11.9M), and Plastics and Rubbers ($5.67M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Hong Kong+$55.6MIntegrated Circuits
Top Product Potential Hong Kong Costa Rica+$4.24MComputers

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

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

Product Space of Costa Rica (Flag) and Hong Kong (Flag) (2022)

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