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Pricing

2022
Flag → Flag
Exports $8.36MRnk 70 / 178
2022
Flag → Flag
Top Product $4.18MBananas
2022
Flag → Flag
Exports $36.3MRnk 83 / 191
2022
Flag → Flag
Top Product $31.5MSemi-Finished Iron
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC $13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Costa Rica-Ukraine Trade: In 2022, Costa Rica exported $8.36M to Ukraine. The main products that Costa Rica exported to Ukraine were Bananas ($4.18M), Medical Instruments ($1.67M), and Tropical Fruits ($540k). Over the past 5 years the exports of Costa Rica to Ukraine have decreased at an annualized rate of 20%, from $25.5M in 2017 to $8.36M in 2022.

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

Ukraine-Costa Rica Trade: In 2022, Ukraine exported $36.3M to Costa Rica. The main products that Ukraine exported to Costa Rica were Semi-Finished Iron ($31.5M), Seed Oils ($894k), and Iron Pipes ($676k). Over the past 5 years the exports of Ukraine to Costa Rica have increased at an annualized rate of 7.19%,  from $25.7M in 2017 to $36.3M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $8.36M to Ukraine. The main products exported from Costa Rica to Ukraine were Bananas ($4.18M), Medical Instruments ($1.67M), and Tropical Fruits ($540k). During the last 5 years the exports of Costa Rica to Ukraine have decreased at an annualized rate of 20%, from $25.5M in 2017 to $8.36M in 2022.

In 2017, Ukraine exported $36.3M to Costa Rica. The main products exported from Ukraine to Costa Rica were Semi-Finished Iron ($31.5M), Seed Oils ($894k), and Iron Pipes ($676k). During the last 5 years the exports of Ukraine to Costa Rica have increased at an annualized rate of 7.19%, from $25.7M in 2022 to $36.3M in 2017.

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

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

Latest Data

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

Costa Rica Exports

Ukraine Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
Ukraine
Top DestinationPoland$6.7B

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

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

In 2022, countries that imported more from Ukraine than Costa Rica included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Costa Rica - Ukraine

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Ukraine in the exports of Vegetable Products ($5.42M), Instruments ($1.93M), and Chemical Products ($353k).

During 2017, Ukraine had a large net trade with Costa Rica in the exports of Metals ($32.6M), Animal and Vegetable Bi-Products ($929k), and Vegetable Products ($865k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Ukraine+$484kBananas
Top Product Potential Ukraine Costa Rica+$721kSeed Oils

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

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

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