2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

Costa Rica-Israel Trade: In 2022, Costa Rica exported $12.9M to Israel. The main products that Costa Rica exported to Israel were Coffee ($5.35M), Fruit Juice ($2.23M), and Tropical Fruits ($1.15M). Over the past 5 years the exports of Costa Rica to Israel have increased at an annualized rate of 5.17%, from $10M in 2017 to $12.9M in 2022.

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

Israel-Costa Rica Trade: In 2022, Israel exported $37.7M to Costa Rica. The main products that Israel exported to Costa Rica were Pesticides ($11.7M), Mixed Mineral or Chemical Fertilizers ($1.64M), and Medical Instruments ($1.56M). Over the past 5 years the exports of Israel to Costa Rica have decreased at an annualized rate of 3.52%,  from $57.9M in 2017 to $37.7M in 2022.

In 2007, Israel exported services to Costa Rica worth $2.92M, with Construction services ($2.92M) being the largest in terms of value.

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, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $12.9M to Israel. The main products exported from Costa Rica to Israel were Coffee ($5.35M), Fruit Juice ($2.23M), and Tropical Fruits ($1.15M). During the last 5 years the exports of Costa Rica to Israel have increased at an annualized rate of 5.17%, from $10M in 2017 to $12.9M in 2022.

In 2017, Israel exported $37.7M to Costa Rica. The main products exported from Israel to Costa Rica were Pesticides ($11.7M), Mixed Mineral or Chemical Fertilizers ($1.64M), and Medical Instruments ($1.56M). During the last 5 years the exports of Israel to Costa Rica have decreased at an annualized rate of 3.52%, from $57.9M in 2022 to $37.7M in 2017.

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

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

Latest Data

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

Costa Rica Exports

Israel Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Israel
Top Destination
United States$20.3B

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

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

In 2022, countries that imported more from Israel than Costa Rica included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

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

Comparative Advantage Costa Rica - Israel

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Israel in the exports of Vegetable Products ($7.51M), Foodstuffs ($3.21M), and Machines ($1.26M).

During 2017, Israel had a large net trade with Costa Rica in the exports of Chemical Products ($15.9M), Instruments ($5.78M), and Plastics and Rubbers ($5.61M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Israel+$1.62MIntegrated Circuits
Top Product Potential Israel Costa Rica+$1.97MMedical 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 Israel. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over Costa Rica.

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

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