2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Costa Rica-India In 2022, Costa Rica exported $35.2M to India. The main products that Costa Rica exported to India are Rough Wood ($18.8M), Other Oily Seeds ($2.26M), and Telephones ($2.19M). During the last 27 years the exports of Costa Rica to India have increased at an annualized rate of 16%, from $646k in 1995 to $35.2M in 2022.

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

India-Costa Rica In 2022, India exported $245M to Costa Rica. The main products that India exported to Costa Rica were Semi-Finished Iron ($42.7M), Cars ($32.5M), and Pesticides ($28.4M). During the last 27 years the exports of India to Costa Rica have increased at an annualized rate of 19%, from $2.21M in 1995 to $245M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $35.2M to India. The main products exported from Costa Rica to India were Rough Wood ($18.8M), Other Oily Seeds ($2.26M), and Telephones ($2.19M). During the last 27 years the exports of Costa Rica to India have increased at an annualized rate of 16%, from $646k in 1995 to $35.2M in 2022.

In 2022, India exported $245M to Costa Rica. The main products exported from India to Costa Rica were Semi-Finished Iron ($42.7M), Cars ($32.5M), and Pesticides ($28.4M). During the last 27 years the exports of India to Costa Rica have increased at an annualized rate of 19%, from $2.21M in 1995 to $245M in 2022.

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

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

Latest Data

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

Costa Rica Exports

India Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
India
Top Destination
United States$82.9B

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

In 2021, countries that imported more from Costa Rica than India were Panama ($564M), Honduras ($517M), and Guatemala ($821M).

In 2021, countries that imported more from India than Costa Rica were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Costa Rica - India

Flow
Scale

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

During 2022, Costa Rica had a large net trade with India in the exports of Wood Products ($19.5M), Machines ($6.04M), and Metals ($3.93M).

During 2022, India had a large net trade with Costa Rica in the exports of Chemical Products ($80.2M), Metals ($52.4M), and Transportation ($46.5M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Costa Rica has comparative advantage over India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over Costa Rica.

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

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