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Pricing

2022
Flag → Flag
Exports $13.5MRnk 62 / 178
2022
Flag → Flag
Top Product $6.19MInsulated Wire
2022
Flag → Flag
Exports $6.39MRnk 119 / 186
2022
Flag → Flag
Top Product $1.31MNon-Knit Women's Suits
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC $13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186

About

Costa Rica-Morocco Trade: In 2022, Costa Rica exported $13.5M to Morocco. The main products that Costa Rica exported to Morocco were Insulated Wire ($6.19M), Bananas ($3.01M), and Palm Oil ($1.44M). Over the past 5 years the exports of Costa Rica to Morocco have increased at an annualized rate of 46.2%, from $2.02M in 2017 to $13.5M in 2022.

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

Morocco-Costa Rica Trade: In 2022, Morocco exported $6.39M to Costa Rica. The main products that Morocco exported to Costa Rica were Non-Knit Women's Suits ($1.31M), Non-fillet Frozen Fish ($964k), and Non-Knit Women's Shirts ($487k). Over the past 5 years the exports of Morocco to Costa Rica have increased at an annualized rate of 1.91%,  from $5.81M in 2017 to $6.39M in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $13.5M to Morocco. The main products exported from Costa Rica to Morocco were Insulated Wire ($6.19M), Bananas ($3.01M), and Palm Oil ($1.44M). During the last 5 years the exports of Costa Rica to Morocco have increased at an annualized rate of 46.2%, from $2.02M in 2017 to $13.5M in 2022.

In 2017, Morocco exported $6.39M to Costa Rica. The main products exported from Morocco to Costa Rica were Non-Knit Women's Suits ($1.31M), Non-fillet Frozen Fish ($964k), and Non-Knit Women's Shirts ($487k). During the last 5 years the exports of Morocco to Costa Rica have increased at an annualized rate of 1.91%, from $5.81M in 2022 to $6.39M in 2017.

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

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

Latest Data

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

Costa Rica Exports

Morocco Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
Morocco
Top DestinationSpain$8.55B

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

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

In 2022, countries that imported more from Morocco than Costa Rica included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

Comparative Advantage Costa Rica - Morocco

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Morocco in the exports of Machines ($6.25M), Vegetable Products ($4.95M), and Animal and Vegetable Bi-Products ($1.44M).

During 2017, Morocco had a large net trade with Costa Rica in the exports of Textiles ($4.46M), Animal Products ($964k), and Foodstuffs ($471k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Morocco+$2.03MTropical Fruits
Top Product Potential Morocco Costa Rica+$1.29MNon-Knit Women's Suits

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

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

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