2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 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
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Costa Rica-Kazakhstan Trade: In 2022, Costa Rica exported $7.15M to Kazakhstan. The main products that Costa Rica exported to Kazakhstan were Orthopedic Appliances ($3.14M), Medical Instruments ($1.99M), and Other Processed Fruits and Nuts ($1.07M). Over the past 5 years the exports of Costa Rica to Kazakhstan have increased at an annualized rate of 56.4%, from $765k in 2017 to $7.15M in 2022.

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

Kazakhstan-Costa Rica Trade: In 2022, Kazakhstan exported $6.38k to Costa Rica. The main products that Kazakhstan exported to Costa Rica were Chromium Oxides and Hydroxides ($4.46k) and Mixed Mineral or Chemical Fertilizers ($1.92k). Over the past 5 years the exports of Kazakhstan to Costa Rica have decreased at an annualized rate of 16.1%,  from $62.9k in 2017 to $6.38k in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $7.15M to Kazakhstan. The main products exported from Costa Rica to Kazakhstan were Orthopedic Appliances ($3.14M), Medical Instruments ($1.99M), and Other Processed Fruits and Nuts ($1.07M). During the last 5 years the exports of Costa Rica to Kazakhstan have increased at an annualized rate of 56.4%, from $765k in 2017 to $7.15M in 2022.

In 2017, Kazakhstan exported $6.38k to Costa Rica. The main products exported from Kazakhstan to Costa Rica were Chromium Oxides and Hydroxides ($4.46k) and Mixed Mineral or Chemical Fertilizers ($1.92k). During the last 5 years the exports of Kazakhstan to Costa Rica have decreased at an annualized rate of 16.1%, from $62.9k in 2022 to $6.38k in 2017.

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

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

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Kazakhstan
Top Destination
China$13.4B

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 2022, countries that imported more from Costa Rica than Kazakhstan included United States ($6.83B), Guatemala ($821M), and Nicaragua ($593M).

In 2022, countries that imported more from Kazakhstan than Costa Rica included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

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

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 2022, Costa Rica had a large net trade with Kazakhstan in the exports of Instruments ($5.18M), Foodstuffs ($1.08M), and Vegetable Products ($536k).

During 2017, Kazakhstan had a large net trade with Costa Rica in the exports of Chemical Products ($6.38k).

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) (2022)

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