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2023
Flag → Flag
Exports $11.4MRnk 69 / 172
2023
Flag → Flag
Top Product $4.22MTropical Fruits
2023
Flag → Flag
Exports $21.5MRnk 97 / 187
2023
Flag → Flag
Top Product $14.2MMixed Mineral or Chemical Fertilizers
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag  
GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
 GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC $16,942CURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP PC GROWTH56.8%CURRENT US$
Rnk 34 / 195
2023
Flag
GDP PC$3,771CURRENT US$
Rnk 134 / 196
2013-2023
Flag
GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195

About

Costa Rica-Morocco Trade: In 2023, Costa Rica exported $11.4M to Morocco. The main products that Costa Rica exported to Morocco were Tropical Fruits ($4.22M), Bananas ($3.59M), and Insulated Wire ($1.29M). Over the past 5 years the exports of Costa Rica to Morocco have increased at an annualized rate of 9.2%, from $7.31M in 2018 to $11.4M in 2023.

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

Morocco-Costa Rica Trade: In 2023, Morocco exported $21.5M to Costa Rica. The main products that Morocco exported to Costa Rica were Mixed Mineral or Chemical Fertilizers ($14.2M), Non-fillet Frozen Fish ($1.41M), and Non-Knit Women's Suits ($1.41M). Over the past 5 years the exports of Morocco to Costa Rica have increased at an annualized rate of 35.5%,  from $4.71M in 2018 to $21.5M in 2023.

In 2023, Morocco 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, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Costa Rica exported $11.4M to Morocco. The main products exported from Costa Rica to Morocco were Tropical Fruits ($4.22M), Bananas ($3.59M), and Insulated Wire ($1.29M). During the last 5 years the exports of Costa Rica to Morocco have increased at an annualized rate of 9.2%, from $7.31M in 2018 to $11.4M in 2023.

In 2018, Morocco exported $21.5M to Costa Rica. The main products exported from Morocco to Costa Rica were Mixed Mineral or Chemical Fertilizers ($14.2M), Non-fillet Frozen Fish ($1.41M), and Non-Knit Women's Suits ($1.41M). During the last 5 years the exports of Morocco to Costa Rica have increased at an annualized rate of 35.5%, from $4.71M in 2023 to $21.5M in 2018.

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

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

Latest Data

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

Costa Rica Exports

Morocco Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$9.5B
Morocco
Top DestinationSpain$9.8B

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

In 2023, countries that imported more from Morocco than Costa Rica included Spain ($9.8B), France ($8.23B), and Germany ($2.89B).

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

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 2023, Costa Rica had a large net trade with Morocco in the exports of Vegetable Products ($8.16M), Machines ($1.62M), and Instruments ($920k).

During 2018, Morocco had a large net trade with Costa Rica in the exports of Chemical Products ($14.2M), Textiles ($4.79M), and Animal Products ($1.41M).

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) (2023)

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