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Pricing

2022
Flag → Flag
Exports $5MRnk 83 / 178
2022
Flag → Flag
Top Product $2.67MScrap Iron
2022
Flag → Flag
Exports $8.88MRnk 118 / 199
2022
Flag → Flag
Top Product $1.74MLight Pure Woven Cotton
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.45Rnk 84 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH67.8%CURRENT US$
Rnk 31 / 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$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH43.9%CURRENT US$
Rnk 43 / 186

About

Costa Rica-Pakistan Trade: In 2022, Costa Rica exported $5M to Pakistan. The main products that Costa Rica exported to Pakistan were Scrap Iron ($2.67M), Medical Instruments ($1.73M), and Orthopedic Appliances ($174k). Over the past 5 years the exports of Costa Rica to Pakistan have increased at an annualized rate of 10.8%, from $2.99M in 2017 to $5M in 2022.

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

Pakistan-Costa Rica Trade: In 2022, Pakistan exported $8.88M to Costa Rica. The main products that Pakistan exported to Costa Rica were Light Pure Woven Cotton ($1.74M), Non-Knit Men's Suits ($1.11M), and Non-Knit Women's Suits ($1.02M). Over the past 5 years the exports of Pakistan to Costa Rica have decreased at an annualized rate of 1.71%,  from $9.85M in 2017 to $8.88M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $5M to Pakistan. The main products exported from Costa Rica to Pakistan were Scrap Iron ($2.67M), Medical Instruments ($1.73M), and Orthopedic Appliances ($174k). During the last 5 years the exports of Costa Rica to Pakistan have increased at an annualized rate of 10.8%, from $2.99M in 2017 to $5M in 2022.

In 2017, Pakistan exported $8.88M to Costa Rica. The main products exported from Pakistan to Costa Rica were Light Pure Woven Cotton ($1.74M), Non-Knit Men's Suits ($1.11M), and Non-Knit Women's Suits ($1.02M). During the last 5 years the exports of Pakistan to Costa Rica have decreased at an annualized rate of 1.71%, from $9.85M in 2022 to $8.88M in 2017.

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

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

Latest Data

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

Costa Rica Exports

Pakistan Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
Pakistan
Top DestinationUnited States$6.47B

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

In 2022, countries that imported more from Costa Rica than Pakistan included Guatemala ($821M), Nicaragua ($593M), and Panama ($564M).

In 2022, countries that imported more from Pakistan than Costa Rica included United Arab Emirates ($2.58B), Germany ($2.8B), and China ($2.79B).

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

Comparative Advantage Costa Rica - Pakistan

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Pakistan in the exports of Metals ($2.94M), Instruments ($1.9M), and Chemical Products ($72.5k).

During 2017, Pakistan had a large net trade with Costa Rica in the exports of Textiles ($7.43M), Miscellaneous ($633k), and Animal Hides ($272k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Pakistan+$3.22MMedical Instruments
Top Product Potential Pakistan Costa Rica+$1.21MNon-Knit Men'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 Pakistan. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Pakistan. Similarly, a dot/product with the flag of Pakistan indicates it has a comparative advantage over Costa Rica.

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

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