Costa Rica (CRI) and Ireland (IRL) Trade | The Observatory of Economic Complexity

About

Costa Rica-Ireland Trade: In 2023, Costa Rica exported $152M to Ireland. The main products that Costa Rica exported to Ireland were Medical Instruments ($48M), Bananas ($23.8M), and Telephones ($20.1M). Over the past 5 years the exports of Costa Rica to Ireland have increased at an annualized rate of 9.33%, from $97.1M in 2018 to $152M in 2023.

In 2023, Costa Rica did not export any services to Ireland.

Ireland-Costa Rica Trade: In 2023, Ireland exported $185M to Costa Rica. The main products that Ireland exported to Costa Rica were Other Iron Products ($55.4M), Vaccines, blood, antisera, toxins and cultures ($29.7M), and Packaged Medicaments ($14.1M). Over the past 5 years the exports of Ireland to Costa Rica have increased at an annualized rate of 25.3%, from $59.9M in 2018 to $185M in 2023.

In 2023, Ireland did not export any services to Costa Rica.

Comparison: In 2023, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B). That same year, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Costa Rica exported $152M to Ireland. The main products exported from Costa Rica to Ireland were Medical Instruments ($48M), Bananas ($23.8M), and Telephones ($20.1M). During the last 5 years the exports of Costa Rica to Ireland have increased at an annualized rate of 9.33%, from $97.1M in 2018 to $152M in 2023.

In 2018, Ireland exported $185M to Costa Rica. The main products exported from Ireland to Costa Rica were Other Iron Products ($55.4M), Vaccines, blood, antisera, toxins and cultures ($29.7M), and Packaged Medicaments ($14.1M). During the last 5 years the exports of Ireland to Costa Rica have increased at an annualized rate of 25.3%, from $59.9M in 2023 to $185M in 2018.

Exports from Costa Rica () to Ireland () (2023)

Exports from Ireland () to Costa Rica () (2023)

Latest Data

Trade between Costa Rica () and Ireland ()

Costa Rica Exports

Date

Ireland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$9.5B

Ireland
Top DestinationUnited States$67.4B

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 2023, countries that imported more from Costa Rica than Ireland included Guatemala ($846M), Nicaragua ($661M), and Honduras ($575M).

In 2023, countries that imported more from Ireland than Costa Rica included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

Difference in imports from Ireland () and Costa Rica () (2023)

Comparative Advantage Costa Rica - Ireland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Costa Rica had a large net trade with Ireland in the exports of Instruments ($57.7M), Machines ($41.9M), and Vegetable Products ($32.2M).

During 2018, Ireland had a large net trade with Costa Rica in the exports of Metals ($69.2M), Chemical Products ($56.4M), and Machines ($15.8M).

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 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Costa Rica () to Ireland () (2023)

Exports from Ireland () to Costa Rica () (2023)

Latest Data

Trade between Costa Rica () and Ireland ()

Costa Rica Exports

Ireland Exports

Market Competitiveness

Difference in imports from Ireland () and Costa Rica () (2023)

Comparative Advantage Costa Rica - Ireland

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Costa Rica () and Ireland () (2023)

Keep Exploring