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Pricing

2022
Flag → Flag
Exports $10.3kRnk 162 / 178
2022
Flag → Flag
Top Product $6.89kCoffee
2022
Flag → Flag
Exports $34.7kRnk 115 / 127
2022
Flag → Flag
Top Product $21.3kMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 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$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Costa Rica-Iran Trade: In 2022, Costa Rica exported $10.3k to Iran. The main products that Costa Rica exported to Iran were Coffee ($6.89k) and Chocolate ($3.45k). Over the past 5 years the exports of Costa Rica to Iran have decreased at an annualized rate of 59.4%, from $935k in 2017 to $10.3k in 2022.

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

Iran-Costa Rica Trade: In 2022, Iran exported $34.7k to Costa Rica. The main products that Iran exported to Costa Rica were Medical Instruments ($21.3k), Other Plastic Products ($9.45k), and Chemical Analysis Instruments ($2.15k). Over the past 5 years the exports of Iran to Costa Rica have increased at an annualized rate of 2.77%,  from $30.2k in 2017 to $34.7k in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $10.3k to Iran. The main products exported from Costa Rica to Iran were Coffee ($6.89k) and Chocolate ($3.45k). During the last 5 years the exports of Costa Rica to Iran have decreased at an annualized rate of 59.4%, from $935k in 2017 to $10.3k in 2022.

In 2017, Iran exported $34.7k to Costa Rica. The main products exported from Iran to Costa Rica were Medical Instruments ($21.3k), Other Plastic Products ($9.45k), and Chemical Analysis Instruments ($2.15k). During the last 5 years the exports of Iran to Costa Rica have increased at an annualized rate of 2.77%, from $30.2k in 2022 to $34.7k in 2017.

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

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

Latest Data

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

Costa Rica Exports

Date

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Costa Rica than Iran included United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

In 2022, countries that imported more from Iran than Costa Rica included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Costa Rica - Iran

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Iran in the exports of Vegetable Products ($6.89k) and Foodstuffs ($3.45k).

During 2017, Iran had a large net trade with Costa Rica in the exports of Instruments ($23.4k), Plastics and Rubbers ($9.45k), and Chemical Products ($1.74k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Iran+$41.1kCoffee
Top Product Potential Iran Costa Rica+$41.9kMedical Instruments

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

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

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