2022
Flag  
GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
 GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC 
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

Czechia-Costa Rica Trade: In 2022, Czechia exported $16.2M to Costa Rica. The main products that Czechia exported to Costa Rica were Plastic Pipes ($2.15M), Non-optical Microscopes ($1.44M), and Industrial Printers ($1.26M). Over the past 5 years the exports of Czechia to Costa Rica have increased at an annualized rate of 10.6%, from $9.83M in 2017 to $16.2M in 2022.

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

Costa Rica-Czechia Trade: In 2022, Costa Rica exported $79.7M to Czechia. The main products that Costa Rica exported to Czechia were Integrated Circuits ($39.9M), Bananas ($23.5M), and Tropical Fruits ($4.8M). Over the past 5 years the exports of Costa Rica to Czechia have increased at an annualized rate of 8.69%,  from $52.6M in 2017 to $79.7M in 2022.

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

Comparison: In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Czechia exported $16.2M to Costa Rica. The main products exported from Czechia to Costa Rica were Plastic Pipes ($2.15M), Non-optical Microscopes ($1.44M), and Industrial Printers ($1.26M). During the last 5 years the exports of Czechia to Costa Rica have increased at an annualized rate of 10.6%, from $9.83M in 2017 to $16.2M in 2022.

In 2017, Costa Rica exported $79.7M to Czechia. The main products exported from Costa Rica to Czechia were Integrated Circuits ($39.9M), Bananas ($23.5M), and Tropical Fruits ($4.8M). During the last 5 years the exports of Costa Rica to Czechia have increased at an annualized rate of 8.69%, from $52.6M in 2022 to $79.7M in 2017.

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

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

Latest Data

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

Czechia Exports

Costa Rica Exports

Date

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Costa Rica
Top Destination
United States$6.83B

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

In 2022, countries that imported more from Czechia than Costa Rica included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Costa Rica than Czechia included Guatemala ($821M), Nicaragua ($593M), and Panama ($564M).

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

Comparative Advantage Czechia - Costa Rica

Flow
Scale

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

During 2022, Czechia had a large net trade with Costa Rica in the exports of Machines ($4.9M), Plastics and Rubbers ($2.97M), and Instruments ($1.89M).

During 2017, Costa Rica had a large net trade with Czechia in the exports of Machines ($41.5M), Vegetable Products ($30.7M), and Instruments ($3.59M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Costa Rica+$1.55MComputers
Top Product Potential Costa Rica Czechia+$4.21MMedical Instruments

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

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

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