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2023
Flag → Flag
Exports $192MRnk 21 / 172
2023
Flag → Flag
Top Product $116MIntegrated Circuits
2023
Flag → Flag
Exports $157MRnk 65 / 212
2023
Flag → Flag
Top Product $17.8MPolyacetals
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC $16,942CURRENT US$
Rnk 69 / 195
2013-2023
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GDP PC GROWTH56.8%CURRENT US$
Rnk 34 / 195

About

Costa Rica-Chinese Taipei Trade: In 2023, Costa Rica exported $192M to Chinese Taipei. The main products that Costa Rica exported to Chinese Taipei were Integrated Circuits ($116M), Scrap Iron ($14.7M), and Medical Instruments ($13.3M). Over the past 5 years the exports of Costa Rica to Chinese Taipei have increased at an annualized rate of 17.1%, from $87M in 2018 to $192M in 2023.

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

Chinese Taipei-Costa Rica Trade: In 2023, Chinese Taipei exported $157M to Costa Rica. The main products that Chinese Taipei exported to Costa Rica were Polyacetals ($17.8M), Raw Plastic Sheeting ($5.05M), and Motor vehicles; parts and accessories (8701 to 8705) ($4.5M). Over the past 5 years the exports of Chinese Taipei to Costa Rica have increased at an annualized rate of 6.55%,  from $115M in 2018 to $157M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Costa Rica exported $192M to Chinese Taipei. The main products exported from Costa Rica to Chinese Taipei were Integrated Circuits ($116M), Scrap Iron ($14.7M), and Medical Instruments ($13.3M). During the last 5 years the exports of Costa Rica to Chinese Taipei have increased at an annualized rate of 17.1%, from $87M in 2018 to $192M in 2023.

In 2018, Chinese Taipei exported $157M to Costa Rica. The main products exported from Chinese Taipei to Costa Rica were Polyacetals ($17.8M), Raw Plastic Sheeting ($5.05M), and Motor vehicles; parts and accessories (8701 to 8705) ($4.5M). During the last 5 years the exports of Chinese Taipei to Costa Rica have increased at an annualized rate of 6.55%, from $115M in 2023 to $157M in 2018.

Exports from Costa Rica (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Costa Rica (Flag) (2023)

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$9.5B
Chinese Taipei
Top DestinationChina$101B

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

In 2023, countries that imported more from Costa Rica than Chinese Taipei included Nicaragua ($661M), Guatemala ($846M), and Panama ($585M).

In 2023, countries that imported more from Chinese Taipei than Costa Rica included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Costa Rica (Flag) (2023)

Comparative Advantage Costa Rica - Chinese Taipei

Flow
Scale

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

During 2023, Costa Rica had a large net trade with Chinese Taipei in the exports of Machines ($130M), Metals ($22.9M), and Instruments ($19.9M).

During 2018, Chinese Taipei had a large net trade with Costa Rica in the exports of Machines ($49.9M), Plastics and Rubbers ($44.2M), and Metals ($15.6M).

Economic Complexity

Competitive Landscape

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

Product Space of Costa Rica (Flag) and Chinese Taipei (Flag) (2023)

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