Costa Rica (CRI) and Sweden (SWE) Trade | The Observatory of Economic Complexity

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Costa Rica-Sweden Trade: In 2023, Costa Rica exported $17.8M to Sweden. The main products that Costa Rica exported to Sweden were Bananas ($14.7M), Tropical Fruits ($1.52M), and Orthopedic Appliances ($209k). Over the past 5 years the exports of Costa Rica to Sweden have decreased at an annualized rate of 13.6%, from $37.1M in 2018 to $17.8M in 2023.

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

Sweden-Costa Rica Trade: In 2023, Sweden exported $54.7M to Costa Rica. The main products that Sweden exported to Costa Rica were Packaged Medicaments ($14.7M), Cars ($6.88M), and Blank Audio Media ($3.52M). Over the past 5 years the exports of Sweden to Costa Rica have increased at an annualized rate of 0.32%, from $53.9M in 2018 to $54.7M in 2023.

In 2023, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Costa Rica exported $17.8M to Sweden. The main products exported from Costa Rica to Sweden were Bananas ($14.7M), Tropical Fruits ($1.52M), and Orthopedic Appliances ($209k). During the last 5 years the exports of Costa Rica to Sweden have decreased at an annualized rate of 13.6%, from $37.1M in 2018 to $17.8M in 2023.

In 2018, Sweden exported $54.7M to Costa Rica. The main products exported from Sweden to Costa Rica were Packaged Medicaments ($14.7M), Cars ($6.88M), and Blank Audio Media ($3.52M). During the last 5 years the exports of Sweden to Costa Rica have increased at an annualized rate of 0.32%, from $53.9M in 2023 to $54.7M in 2018.

Exports from Costa Rica () to Sweden () (2023)

Exports from Sweden () to Costa Rica () (2023)

Latest Data

Trade between Costa Rica () and Sweden ()

Costa Rica Exports

Date

Sweden Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$9.5B

Sweden
Top DestinationGermany$18.4B

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

In 2023, countries that imported more from Costa Rica than Sweden included Guatemala ($846M), Nicaragua ($661M), and Honduras ($575M).

In 2023, countries that imported more from Sweden than Costa Rica included Germany ($18.4B), Denmark ($14.4B), and Norway ($10.9B).

Difference in imports from Sweden () and Costa Rica () (2023)

Comparative Advantage Costa Rica - Sweden

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Costa Rica had a large net trade with Sweden in the exports of Vegetable Products ($16.5M), Machines ($558k), and Wood Products ($243k).

During 2018, Sweden had a large net trade with Costa Rica in the exports of Chemical Products ($16.2M), Machines ($15.5M), and Transportation ($9.95M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Costa Rica Sweden+$1.25MTropical Fruits

Top Product Potential Sweden Costa Rica+$5.53MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Costa Rica () to Sweden () (2023)

Exports from Sweden () to Costa Rica () (2023)

Latest Data

Trade between Costa Rica () and Sweden ()

Costa Rica Exports

Sweden Exports

Market Competitiveness

Difference in imports from Sweden () and Costa Rica () (2023)

Comparative Advantage Costa Rica - Sweden

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Costa Rica () and Sweden () (2023)

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