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2022
Flag → Flag
Exports $97MRnk 23 / 178
2022
Flag → Flag
Top Product $42.9MMedical Instruments
2022
Flag → Flag
Exports $107MRnk 68 / 210
2022
Flag → Flag
Top Product $21.9MVaccines, blood, antisera, toxins and cultures
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH135%CURRENT US$
Rnk 7 / 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$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186

About

Costa Rica-Ireland Trade: In 2022, Costa Rica exported $97M to Ireland. The main products that Costa Rica exported to Ireland were Medical Instruments ($42.9M), Bananas ($21.4M), and Other Iron Products ($8.42M). Over the past 5 years the exports of Costa Rica to Ireland have increased at an annualized rate of 2.79%, from $84.5M in 2017 to $97M in 2022.

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

Ireland-Costa Rica Trade: In 2022, Ireland exported $107M to Costa Rica. The main products that Ireland exported to Costa Rica were Vaccines, blood, antisera, toxins and cultures ($21.9M), Packaged Medicaments ($12M), and Aircraft Parts ($12M). Over the past 5 years the exports of Ireland to Costa Rica have increased at an annualized rate of 10.8%,  from $64.4M in 2017 to $107M in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $97M to Ireland. The main products exported from Costa Rica to Ireland were Medical Instruments ($42.9M), Bananas ($21.4M), and Other Iron Products ($8.42M). During the last 5 years the exports of Costa Rica to Ireland have increased at an annualized rate of 2.79%, from $84.5M in 2017 to $97M in 2022.

In 2017, Ireland exported $107M to Costa Rica. The main products exported from Ireland to Costa Rica were Vaccines, blood, antisera, toxins and cultures ($21.9M), Packaged Medicaments ($12M), and Aircraft Parts ($12M). During the last 5 years the exports of Ireland to Costa Rica have increased at an annualized rate of 10.8%, from $64.4M in 2022 to $107M in 2017.

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

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

Latest Data

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

Costa Rica Exports

Ireland Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
Ireland
Top DestinationUnited States$70.7B

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

In 2022, countries that imported more from Costa Rica than Ireland included Guatemala ($821M), Nicaragua ($593M), and Panama ($564M).

In 2022, countries that imported more from Ireland than Costa Rica included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Costa Rica - Ireland

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Ireland in the exports of Instruments ($44.3M), Vegetable Products ($26.5M), and Metals ($12.6M).

During 2017, Ireland had a large net trade with Costa Rica in the exports of Chemical Products ($46.8M), Plastics and Rubbers ($12.6M), and Instruments ($12.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Ireland+$10.2MMedical Instruments
Top Product Potential Ireland Costa Rica+$10.3MVaccines, blood, antisera, toxins and cultures

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 Ireland. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Ireland. Similarly, a dot/product with the flag of Ireland indicates it has a comparative advantage over Costa Rica.

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

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