2023
Flag  
GDP
$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH
69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC 
$16,942CURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP PC GROWTH
56.8%CURRENT US$
Rnk 34 / 195
2023
Flag
GDP PC
$12,919CURRENT US$
Rnk 79 / 196
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195

About

Costa Rica-Kazakhstan Trade: In 2023, Costa Rica exported $9.03M to Kazakhstan. The main products that Costa Rica exported to Kazakhstan were Medical Instruments ($3.27M), Orthopedic Appliances ($3.18M), and Micro-Organism Culture Preparations ($412k). Over the past 5 years the exports of Costa Rica to Kazakhstan have increased at an annualized rate of 42.7%, from $1.52M in 2018 to $9.03M in 2023.

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

Kazakhstan-Costa Rica Trade: In 2023, Kazakhstan exported $12.5k to Costa Rica. The main products that Kazakhstan exported to Costa Rica were Plastic Pipes ($7.16k), Blank Audio Media ($2.93k), and Broadcasting Accessories ($1.08k). Over the past 5 years the exports of Kazakhstan to Costa Rica have decreased at an annualized rate of 37.8%,  from $135k in 2018 to $12.5k in 2023.

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Costa Rica exported $9.03M to Kazakhstan. The main products exported from Costa Rica to Kazakhstan were Medical Instruments ($3.27M), Orthopedic Appliances ($3.18M), and Micro-Organism Culture Preparations ($412k). During the last 5 years the exports of Costa Rica to Kazakhstan have increased at an annualized rate of 42.7%, from $1.52M in 2018 to $9.03M in 2023.

In 2018, Kazakhstan exported $12.5k to Costa Rica. The main products exported from Kazakhstan to Costa Rica were Plastic Pipes ($7.16k), Blank Audio Media ($2.93k), and Broadcasting Accessories ($1.08k). During the last 5 years the exports of Kazakhstan to Costa Rica have decreased at an annualized rate of 37.8%, from $135k in 2023 to $12.5k in 2018.

Exports from Costa Rica (Flag) to Kazakhstan (Flag) (2023)

Exports from Kazakhstan (Flag) to Costa Rica (Flag) (2023)

Market Competitiveness

Color
Costa Rica
Top Destination
United States$9.5B
Kazakhstan
Top Destination
China$15.2B

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

In 2023, countries that imported more from Costa Rica than Kazakhstan included United States ($9.5B), Guatemala ($846M), and Nicaragua ($661M).

In 2023, countries that imported more from Kazakhstan than Costa Rica included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

Difference in imports from Kazakhstan (Flag) and Costa Rica (Flag) (2023)

Comparative Advantage Costa Rica - Kazakhstan

Flow
Scale

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

During 2023, Costa Rica had a large net trade with Kazakhstan in the exports of Instruments ($6.55M), Chemical Products ($743k), and Vegetable Products ($616k).

During 2018, Kazakhstan had a large net trade with Costa Rica in the exports of Plastics and Rubbers ($7.27k), Machines ($4.74k), and Animal Hides ($275).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Kazakhstan+$2.75MMedical Instruments
Top Product Potential Kazakhstan Costa Rica+$13.5kMixed Mineral or Chemical Fertilizers

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

Product Space of Costa Rica (Flag) and Kazakhstan (Flag) (2023)

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