2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
GDP PC 
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 186

About

Costa Rica-Palestine Trade: In 2022, Costa Rica exported $3.36M to Palestine. The main products that Costa Rica exported to Palestine were Coffee ($2.73M), Medical Instruments ($564k), and Laboratory Glassware ($27.4k). Over the past 5 years the exports of Costa Rica to Palestine have increased at an annualized rate of 8.66%, from $2.22M in 2017 to $3.36M in 2022.

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

Palestine-Costa Rica Trade: In 2022, Palestine exported $562 to Costa Rica. The main products that Palestine exported to Costa Rica were Bells and Other Metal Ornaments ($515), Sports Equipment ($29), and Metal Mountings ($18). Over the past 5 years the exports of Palestine to Costa Rica have decreased at an annualized rate of 54.9%,  from $30.3k in 2017 to $562 in 2022.

In 2022, Palestine 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, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $3.36M to Palestine. The main products exported from Costa Rica to Palestine were Coffee ($2.73M), Medical Instruments ($564k), and Laboratory Glassware ($27.4k). During the last 5 years the exports of Costa Rica to Palestine have increased at an annualized rate of 8.66%, from $2.22M in 2017 to $3.36M in 2022.

In 2017, Palestine exported $562 to Costa Rica. The main products exported from Palestine to Costa Rica were Bells and Other Metal Ornaments ($515), Sports Equipment ($29), and Metal Mountings ($18). During the last 5 years the exports of Palestine to Costa Rica have decreased at an annualized rate of 54.9%, from $30.3k in 2022 to $562 in 2017.

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

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

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Palestine
Top Destination
Israel$1.3B

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

In 2022, countries that imported more from Costa Rica than Palestine included United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

In 2022, countries that imported more from Palestine than Costa Rica included Israel ($1.3B), Jordan ($159M), and Oman ($4.47M).

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

Comparative Advantage Costa Rica - Palestine

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Palestine in the exports of Vegetable Products ($2.73M), Instruments ($586k), and Stone And Glass ($27.4k).

During 2017, Palestine had a large net trade with Costa Rica in the exports of Metals ($533) and Miscellaneous ($29).

Economic Complexity

Competitive Landscape

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

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

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