NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $8.5MRnk 73 / 172
2023
Flag → Flag
Top Product $2.22MMedical Instruments
2023
Flag → Flag
Exports $187MRnk 68 / 142
2023
Flag → Flag
Top Product $90.8MBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
 GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
GDP PC $16,942CURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP PC GROWTH56.8%CURRENT US$
Rnk 34 / 195
2023
Flag
GDP PC$4,282CURRENT US$
Rnk 128 / 196
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195

About

Costa Rica-Vietnam Trade: In 2023, Costa Rica exported $8.5M to Vietnam. The main products that Costa Rica exported to Vietnam were Medical Instruments ($2.22M), Rough Wood ($1.23M), and Insulated Wire ($1.05M). Over the past 5 years the exports of Costa Rica to Vietnam have decreased at an annualized rate of 25.2%, from $36.4M in 2018 to $8.5M in 2023.

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

Vietnam-Costa Rica Trade: In 2023, Vietnam exported $187M to Costa Rica. The main products that Vietnam exported to Costa Rica were Broadcasting Equipment ($90.8M), Computers ($15.5M), and Raw Aluminium ($9.2M). Over the past 5 years the exports of Vietnam to Costa Rica have decreased at an annualized rate of 0.75%,  from $214M in 2018 to $187M in 2023.

In 2023, Vietnam 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, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Costa Rica exported $8.5M to Vietnam. The main products exported from Costa Rica to Vietnam were Medical Instruments ($2.22M), Rough Wood ($1.23M), and Insulated Wire ($1.05M). During the last 5 years the exports of Costa Rica to Vietnam have decreased at an annualized rate of 25.2%, from $36.4M in 2018 to $8.5M in 2023.

In 2018, Vietnam exported $187M to Costa Rica. The main products exported from Vietnam to Costa Rica were Broadcasting Equipment ($90.8M), Computers ($15.5M), and Raw Aluminium ($9.2M). During the last 5 years the exports of Vietnam to Costa Rica have decreased at an annualized rate of 0.75%, from $214M in 2023 to $187M in 2018.

Exports from Costa Rica (Flag) to Vietnam (Flag) (2023)

Exports from Vietnam (Flag) to Costa Rica (Flag) (2023)

Latest Data

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

Costa Rica Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$9.5B
Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Costa Rica than Vietnam included Nicaragua ($661M), Panama ($585M), and Honduras ($575M).

In 2023, countries that imported more from Vietnam than Costa Rica included United States ($118B), China ($85.7B), and Japan ($25.1B).

Difference in imports from Vietnam (Flag) and Costa Rica (Flag) (2023)

Comparative Advantage Costa Rica - Vietnam

Flow
Scale

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

During 2023, Costa Rica had a large net trade with Vietnam in the exports of Instruments ($3.07M), Machines ($2.35M), and Wood Products ($1.23M).

During 2018, Vietnam had a large net trade with Costa Rica in the exports of Machines ($127M), Metals ($13.1M), and Footwear and Headwear ($12.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Vietnam+$9.9MIntegrated Circuits
Top Product Potential Vietnam Costa Rica+$25.7MTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Costa Rica (Flag) and Vietnam (Flag) (2023)

Keep Exploring

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