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2023
Flag → Flag
Exports $1.52BRnk 2 / 172
2023
Flag → Flag
Top Product $598MMedical Instruments
2023
Flag → Flag
Exports $291MRnk 84 / 224
2023
Flag → Flag
Top Product $141MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 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$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Costa Rica-Netherlands Trade: In 2023, Costa Rica exported $1.52B to Netherlands. The main products that Costa Rica exported to Netherlands were Medical Instruments ($598M), Orthopedic Appliances ($268M), and Bananas ($134M). Over the past 5 years the exports of Costa Rica to Netherlands have increased at an annualized rate of 14.3%, from $777M in 2018 to $1.52B in 2023.

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

Netherlands-Costa Rica Trade: In 2023, Netherlands exported $291M to Costa Rica. The main products that Netherlands exported to Costa Rica were Refined Petroleum ($141M), Medical Instruments ($12.9M), and Bulbs and Roots ($8.79M). Over the past 5 years the exports of Netherlands to Costa Rica have increased at an annualized rate of 23.7%,  from $100M in 2018 to $291M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Costa Rica exported $1.52B to Netherlands. The main products exported from Costa Rica to Netherlands were Medical Instruments ($598M), Orthopedic Appliances ($268M), and Bananas ($134M). During the last 5 years the exports of Costa Rica to Netherlands have increased at an annualized rate of 14.3%, from $777M in 2018 to $1.52B in 2023.

In 2018, Netherlands exported $291M to Costa Rica. The main products exported from Netherlands to Costa Rica were Refined Petroleum ($141M), Medical Instruments ($12.9M), and Bulbs and Roots ($8.79M). During the last 5 years the exports of Netherlands to Costa Rica have increased at an annualized rate of 23.7%, from $100M in 2023 to $291M in 2018.

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

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

Latest Data

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

Costa Rica Exports

Netherlands Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$9.5B
Netherlands
Top DestinationGermany$96.9B

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 2023, countries that imported more from Costa Rica than Netherlands included Guatemala ($846M), Nicaragua ($661M), and Honduras ($575M).

In 2023, countries that imported more from Netherlands than Costa Rica included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

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 2023, Costa Rica had a large net trade with Netherlands in the exports of Instruments ($867M), Vegetable Products ($337M), and Foodstuffs ($120M).

During 2018, Netherlands had a large net trade with Costa Rica in the exports of Mineral Products ($141M), Chemical Products ($30.8M), and Foodstuffs ($25.6M).

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) (2023)

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