Costa Rica (CRI) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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Costa Rica-Iraq Trade: In 2023, Costa Rica exported $20.7M to Iraq. The main products that Costa Rica exported to Iraq were Bananas ($20.6M), Rolled Tobacco ($28.1k), and Pesticides ($875). Over the past 5 years the exports of Costa Rica to Iraq have increased at an annualized rate of 104%, from $585k in 2018 to $20.7M in 2023.

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

Iraq-Costa Rica Trade: In 2023, Iraq exported $498 to Costa Rica. The main products that Iraq exported to Costa Rica were N/A. Over the past 5 years the exports of Iraq to Costa Rica have decreased at an annualized rate of 5.7%, from $668 in 2018 to $498 in 2023.

In 2023, Iraq 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, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Costa Rica exported $20.7M to Iraq. The main products exported from Costa Rica to Iraq were Bananas ($20.6M), Rolled Tobacco ($28.1k), and Pesticides ($875). During the last 5 years the exports of Costa Rica to Iraq have increased at an annualized rate of 104%, from $585k in 2018 to $20.7M in 2023.

In 2016, Iraq exported $498 to Costa Rica. There were not main exports from Iraq to Costa Rica in 2016. During the last 5 years the exports of Iraq to Costa Rica have decreased at an annualized rate of 5.7%, from $668 in 2021 to $498 in 2016.

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

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

Latest Data

Trade between Costa Rica () and Iraq ()

Costa Rica Exports

Date

Mar 2020

Jan 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$9.5B

Iraq
Top DestinationChina$35.5B

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

In 2023, countries that imported more from Costa Rica than Iraq included Guatemala ($846M), Belgium ($767M), and Nicaragua ($661M).

In 2023, countries that imported more from Iraq than Costa Rica included China ($35.5B), India ($29.8B), and Greece ($5.68B).

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

Comparative Advantage Costa Rica - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Costa Rica had a large net trade with Iraq in the exports of Vegetable Products ($20.6M), Foodstuffs ($28.1k), and Chemical Products ($875).

During 2016, Iraq had a large net trade with Costa Rica in the exports of .

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 Iraq+$33.1kInk

Top Product Potential Iraq Costa Rica+$5.95kRefined Petroleum

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Costa Rica () and Iraq ()

Costa Rica Exports

Market Competitiveness

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

Comparative Advantage Costa Rica - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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