2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 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
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186

About

Costa Rica-Slovenia Trade: In 2022, Costa Rica exported $11.3M to Slovenia. The main products that Costa Rica exported to Slovenia were Medical Instruments ($2.97M), Bananas ($2.26M), and Orthopedic Appliances ($1.83M). Over the past 5 years the exports of Costa Rica to Slovenia have decreased at an annualized rate of 1.86%, from $12.4M in 2017 to $11.3M in 2022.

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

Slovenia-Costa Rica Trade: In 2022, Slovenia exported $4.66M to Costa Rica. The main products that Slovenia exported to Costa Rica were Packaged Medicaments ($854k), Iron Structures ($737k), and Video and Card Games ($419k). Over the past 5 years the exports of Slovenia to Costa Rica have increased at an annualized rate of 7.97%,  from $3.17M in 2017 to $4.66M in 2022.

In 2022, Slovenia 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, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $11.3M to Slovenia. The main products exported from Costa Rica to Slovenia were Medical Instruments ($2.97M), Bananas ($2.26M), and Orthopedic Appliances ($1.83M). During the last 5 years the exports of Costa Rica to Slovenia have decreased at an annualized rate of 1.86%, from $12.4M in 2017 to $11.3M in 2022.

In 2017, Slovenia exported $4.66M to Costa Rica. The main products exported from Slovenia to Costa Rica were Packaged Medicaments ($854k), Iron Structures ($737k), and Video and Card Games ($419k). During the last 5 years the exports of Slovenia to Costa Rica have increased at an annualized rate of 7.97%, from $3.17M in 2022 to $4.66M in 2017.

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

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

Latest Data

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

Costa Rica Exports

Slovenia Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Slovenia
Top Destination
Switzerland$9.92B

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

In 2022, countries that imported more from Costa Rica than Slovenia included United States ($6.83B), Guatemala ($821M), and Nicaragua ($593M).

In 2022, countries that imported more from Slovenia than Costa Rica included Switzerland ($9.92B), Germany ($7.92B), and Italy ($6.28B).

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

Comparative Advantage Costa Rica - Slovenia

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Slovenia in the exports of Instruments ($4.84M), Vegetable Products ($4.52M), and Foodstuffs ($643k).

During 2017, Slovenia had a large net trade with Costa Rica in the exports of Machines ($1.31M), Metals ($1.01M), and Chemical Products ($967k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Slovenia+$2.54MMedical Instruments
Top Product Potential Slovenia Costa Rica+$2.63MPackaged 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.

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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 Slovenia. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Slovenia. Similarly, a dot/product with the flag of Slovenia indicates it has a comparative advantage over Costa Rica.

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

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