2022
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GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
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GDP GROWTH
44.8%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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2022
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GDP PC 
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
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GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186
2022
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GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Costa Rica-South Africa In 2022, Costa Rica exported $21.4M to South Africa. The main products that Costa Rica exported to South Africa are Medical Instruments ($8.96M), Orthopedic Appliances ($2.96M), and Other Plastic Products ($2.45M). During the last 27 years the exports of Costa Rica to South Africa have increased at an annualized rate of 5.95%, from $4.49M in 1995 to $21.4M in 2022.

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

South Africa-Costa Rica In 2022, South Africa exported $12.4M to Costa Rica. The main products that South Africa exported to Costa Rica were Delivery Trucks ($6.02M), Sowing Seeds ($751k), and Non-fillet Frozen Fish ($663k). During the last 27 years the exports of South Africa to Costa Rica have increased at an annualized rate of 5.75%, from $2.74M in 1995 to $12.4M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $21.4M to South Africa. The main products exported from Costa Rica to South Africa were Medical Instruments ($8.96M), Orthopedic Appliances ($2.96M), and Other Plastic Products ($2.45M). During the last 27 years the exports of Costa Rica to South Africa have increased at an annualized rate of 5.95%, from $4.49M in 1995 to $21.4M in 2022.

In 2022, South Africa exported $12.4M to Costa Rica. The main products exported from South Africa to Costa Rica were Delivery Trucks ($6.02M), Sowing Seeds ($751k), and Non-fillet Frozen Fish ($663k). During the last 27 years the exports of South Africa to Costa Rica have increased at an annualized rate of 5.75%, from $2.74M in 1995 to $12.4M in 2022.

Exports from Costa Rica (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Costa Rica (Flag) (2022)

Latest Data

Trade between Costa Rica (Flag) and South Africa (Flag)

Costa Rica Exports

South Africa Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
South Africa
Top Destination
China$23.4B

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

In 2021, countries that imported more from Costa Rica than South Africa were Guatemala ($821M), Nicaragua ($593M), and Panama ($564M).

In 2021, countries that imported more from South Africa than Costa Rica were China ($23.4B), Germany ($9.96B), and India ($9.14B).

Difference in imports from South Africa (Flag) and Costa Rica (Flag) (2022)

Comparative Advantage Costa Rica - South Africa

Flow
Scale

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

During 2022, Costa Rica had a large net trade with South Africa in the exports of Instruments ($12.4M), Plastics and Rubbers ($2.75M), and Stone And Glass ($1.71M).

During 2022, South Africa had a large net trade with Costa Rica in the exports of Transportation ($6.15M), Chemical Products ($1.31M), and Vegetable Products ($1.31M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Costa Rica has comparative advantage over South Africa. Similarly, the more yellow a dot/product is, the more South Africa has comparative advantage over Costa Rica.

Product Space of Costa Rica (Flag) and South Africa (Flag) (2022)

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