2022
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GDP
$68.4BCURRENT US$
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2012-2022
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GDP GROWTH
44.8%CURRENT US$
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2022
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 GDP
$243BCURRENT US$
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2012-2022
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GDP GROWTH
25.9%CURRENT US$
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2022
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GDP PC 
$13,199CURRENT US$
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2012-2022
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GDP PC GROWTH
32.4%CURRENT US$
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2022
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GDP PC
$7,126CURRENT US$
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2012-2022
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GDP PC GROWTH
10%CURRENT US$
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About

Costa Rica-Peru In 2022, Costa Rica exported $70.8M to Peru. The main products that Costa Rica exported to Peru are Other Edible Preparations ($27M), Scented Mixtures ($6.54M), and Industrial Fatty Acids, Oils and Alcohols ($3.58M). During the last 27 years the exports of Costa Rica to Peru have increased at an annualized rate of 8.78%, from $7.3M in 1995 to $70.8M in 2022.

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

Peru-Costa Rica In 2022, Peru exported $86.9M to Costa Rica. The main products that Peru exported to Costa Rica were Grapes ($10.5M), Raw Plastic Sheeting ($6.14M), and Refined Petroleum ($5.07M). During the last 27 years the exports of Peru to Costa Rica have increased at an annualized rate of 7.91%, from $11.1M in 1995 to $86.9M in 2022.

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

Comparison In 2022,  Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.31), and 82 in total exports ($17.2B). That same year, Peru ranked 87 in the Economic Complexity Index (ECI -0.66), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $70.8M to Peru. The main products exported from Costa Rica to Peru were Other Edible Preparations ($27M), Scented Mixtures ($6.54M), and Industrial Fatty Acids, Oils and Alcohols ($3.58M). During the last 27 years the exports of Costa Rica to Peru have increased at an annualized rate of 8.78%, from $7.3M in 1995 to $70.8M in 2022.

In 2022, Peru exported $86.9M to Costa Rica. The main products exported from Peru to Costa Rica were Grapes ($10.5M), Raw Plastic Sheeting ($6.14M), and Refined Petroleum ($5.07M). During the last 27 years the exports of Peru to Costa Rica have increased at an annualized rate of 7.91%, from $11.1M in 1995 to $86.9M in 2022.

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

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

Latest Data

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

Costa Rica Exports

Peru Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Peru
Top Destination
China$17.6B

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

In 2021, countries that imported more from Costa Rica than Peru were Guatemala ($821M), Nicaragua ($593M), and Honduras ($517M).

In 2021, countries that imported more from Peru than Costa Rica were China ($17.6B), Japan ($2.83B), and South Korea ($2.62B).

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

Comparative Advantage Costa Rica - Peru

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Peru in the exports of Foodstuffs ($32.1M), Chemical Products ($18M), and Instruments ($5.28M).

During 2022, Peru had a large net trade with Costa Rica in the exports of Vegetable Products ($20.9M), Chemical Products ($14.4M), and Plastics and Rubbers ($12.2M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Costa Rica has comparative advantage over Peru. Similarly, the more yellow a dot/product is, the more Peru has comparative advantage over Costa Rica.

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

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