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2022
Flag → Flag
Exports $986kRnk 42 / 178
2022
Flag → Flag
Top Product $26.2MOptical Fibers and optical fibre bundles
2022
Flag → Flag
Exports $35.1MRnk 71 / 205
2022
Flag → Flag
Top Product $16.4MCars
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
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Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 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$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Costa Rica-Hungary Trade: In 2022, Costa Rica exported $986k to Hungary. The main products that Costa Rica exported to Hungary were Optical Fibers and optical fibre bundles ($26.2M), Other Plastic Products ($15.6M), and Bandages ($155k). Over the past 5 years the exports of Costa Rica to Hungary have decreased at an annualized rate of 6.2%, from $1.36M in 2017 to $986k in 2022.

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

Hungary-Costa Rica Trade: In 2022, Hungary exported $35.1M to Costa Rica. The main products that Hungary exported to Costa Rica were Cars ($16.4M), Other Plastic Products ($5.55M), and Raw Plastic Sheeting ($5.45M). Over the past 5 years the exports of Hungary to Costa Rica have increased at an annualized rate of 146%,  from $391k in 2017 to $35.1M in 2022.

In 2022, Hungary 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $986k to Hungary. The main products exported from Costa Rica to Hungary were Optical Fibers and optical fibre bundles ($26.2M), Other Plastic Products ($15.6M), and Bandages ($155k). During the last 5 years the exports of Costa Rica to Hungary have decreased at an annualized rate of 6.2%, from $1.36M in 2017 to $986k in 2022.

In 2017, Hungary exported $35.1M to Costa Rica. The main products exported from Hungary to Costa Rica were Cars ($16.4M), Other Plastic Products ($5.55M), and Raw Plastic Sheeting ($5.45M). During the last 22 years the exports of Hungary to Costa Rica have increased at an annualized rate of 146%, from $391k in 1995 to $35.1M in 2017.

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

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

Latest Data

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

Costa Rica Exports

Hungary Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
Hungary
Top DestinationGermany$35.5B

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

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

In 2022, countries that imported more from Hungary than Costa Rica included Germany ($35.5B), Romania ($7.94B), and Italy ($8.02B).

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

Comparative Advantage Costa Rica - Hungary

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Hungary in the exports of Instruments ($26.3M), Plastics and Rubbers ($15.6M), and Chemical Products ($206k).

During 2017, Hungary had a large net trade with Costa Rica in the exports of Plastics and Rubbers ($18.9M), Transportation ($16.9M), and Chemical Products ($7.18M).

Economic Complexity

Competitive Landscape

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

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

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