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2022
Flag → Flag
Exports $1.22BRnk 2 / 178
2022
Flag → Flag
Top Product $438MMedical Instruments
2022
Flag → Flag
Exports $158MRnk 108 / 224
2022
Flag → Flag
Top Product $12.2MMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 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$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Costa Rica-Netherlands Trade: In 2022, Costa Rica exported $1.22B to Netherlands. The main products that Costa Rica exported to Netherlands were Medical Instruments ($438M), Orthopedic Appliances ($141M), and Bananas ($138M). Over the past 5 years the exports of Costa Rica to Netherlands have increased at an annualized rate of 13.5%, from $647M in 2017 to $1.22B in 2022.

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

Netherlands-Costa Rica Trade: In 2022, Netherlands exported $158M to Costa Rica. The main products that Netherlands exported to Costa Rica were Medical Instruments ($12.2M), Bulbs and Roots ($10.2M), and Orthopedic Appliances ($7.86M). Over the past 5 years the exports of Netherlands to Costa Rica have increased at an annualized rate of 0.37%,  from $153M in 2017 to $158M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $1.22B to Netherlands. The main products exported from Costa Rica to Netherlands were Medical Instruments ($438M), Orthopedic Appliances ($141M), and Bananas ($138M). During the last 5 years the exports of Costa Rica to Netherlands have increased at an annualized rate of 13.5%, from $647M in 2017 to $1.22B in 2022.

In 2017, Netherlands exported $158M to Costa Rica. The main products exported from Netherlands to Costa Rica were Medical Instruments ($12.2M), Bulbs and Roots ($10.2M), and Orthopedic Appliances ($7.86M). During the last 5 years the exports of Netherlands to Costa Rica have increased at an annualized rate of 0.37%, from $153M in 2022 to $158M in 2017.

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

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

Latest Data

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

Costa Rica Exports

Netherlands Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
Netherlands
Top DestinationGermany$131B

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

In 2022, countries that imported more from Costa Rica than Netherlands included Guatemala ($821M), Nicaragua ($593M), and Honduras ($517M).

In 2022, countries that imported more from Netherlands than Costa Rica included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Costa Rica - Netherlands

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Netherlands in the exports of Instruments ($579M), Vegetable Products ($303M), and Foodstuffs ($138M).

During 2017, Netherlands had a large net trade with Costa Rica in the exports of Chemical Products ($37.3M), Vegetable Products ($23.2M), and Instruments ($23M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Netherlands+$11.9MIntegrated Circuits
Top Product Potential Netherlands Costa Rica+$6.49MMedical 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 Netherlands. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Costa Rica.

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

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