2023
Flag  
GDP
$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH
69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
 GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC 
$16,942CURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP PC GROWTH
56.8%CURRENT US$
Rnk 34 / 195
2023
Flag
GDP PC
$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195

About

Costa Rica-Portugal Trade: In 2023, Costa Rica exported $72.1M to Portugal. The main products that Costa Rica exported to Portugal were Tropical Fruits ($38.6M), Bananas ($31.8M), and Other Vegetables ($914k). Over the past 5 years the exports of Costa Rica to Portugal have decreased at an annualized rate of 2.1%, from $80.2M in 2018 to $72.1M in 2023.

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

Portugal-Costa Rica Trade: In 2023, Portugal exported $19M to Costa Rica. The main products that Portugal exported to Costa Rica were Packaged Medicaments ($1.96M), Uncoated Paper ($1.57M), and Apples and Pears ($1.1M). Over the past 5 years the exports of Portugal to Costa Rica have decreased at an annualized rate of 0.019%,  from $19.1M in 2018 to $19M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Latest Data

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

Costa Rica Exports

Portugal Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$9.5B
Portugal
Top Destination
Spain$17.7B

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

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

In 2023, countries that imported more from Portugal than Costa Rica included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Portugal+$351kOther Vegetables
Top Product Potential Portugal Costa Rica+$1.46MPackaged Medicaments

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Costa Rica and Portugal. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Portugal. Similarly, a dot/product with the flag of Portugal indicates it has a comparative advantage over Costa Rica.

Product Space of Costa Rica (Flag) and Portugal (Flag) (NaN)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with