Costa Rica (CRI) and Iran (IRN) Trade | The Observatory of Economic Complexity

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Costa Rica-Iran Trade: In 2023, Costa Rica exported $71.5k to Iran. The main products that Costa Rica exported to Iran were Ink ($71.1k) and Industrial Printers ($406). Over the past 5 years the exports of Costa Rica to Iran have decreased at an annualized rate of 24.6%, from $294k in 2018 to $71.5k in 2023.

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

Iran-Costa Rica Trade: In 2023, Iran exported $74.3k to Costa Rica. The main products that Iran exported to Costa Rica were Vegetable Alkaloids ($73.9k), Optical Fibers and optical fibre bundles ($178), and Valves ($154). Over the past 5 years the exports of Iran to Costa Rica have decreased at an annualized rate of 13.2%, from $151k in 2018 to $74.3k in 2023.

In 2023, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Costa Rica exported $71.5k to Iran. The main products exported from Costa Rica to Iran were Ink ($71.1k) and Industrial Printers ($406). During the last 5 years the exports of Costa Rica to Iran have decreased at an annualized rate of 24.6%, from $294k in 2018 to $71.5k in 2023.

In 2018, Iran exported $74.3k to Costa Rica. The main products exported from Iran to Costa Rica were Vegetable Alkaloids ($73.9k), Optical Fibers and optical fibre bundles ($178), and Valves ($154). During the last 5 years the exports of Iran to Costa Rica have decreased at an annualized rate of 13.2%, from $151k in 2023 to $74.3k in 2018.

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

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

Latest Data

Trade between Costa Rica () and Iran ()

Costa Rica Exports

Date

Jan 2020

Jan 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$9.5B

Iran
Top DestinationChina$4.59B

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 2023, countries that imported more from Costa Rica than Iran included United States ($9.5B), Netherlands ($1.52B), and Guatemala ($846M).

In 2023, countries that imported more from Iran than Costa Rica included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

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

Comparative Advantage Costa Rica - Iran

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Costa Rica had a large net trade with Iran in the exports of Chemical Products ($71.1k) and Machines ($406).

During 2018, Iran had a large net trade with Costa Rica in the exports of Chemical Products ($73.9k), Instruments ($178), and Machines ($154).

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 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

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Costa Rica () and Iran ()

Costa Rica Exports

Market Competitiveness

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

Comparative Advantage Costa Rica - Iran

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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