2023
Flag  
GDP
$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH
61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
 GDP
$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH
69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC 
$31,591CURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP PC GROWTH
55.9%CURRENT US$
Rnk 36 / 195
2023
Flag
GDP PC
$16,942CURRENT US$
Rnk 69 / 196
2013-2023
Flag
GDP PC GROWTH
56.8%CURRENT US$
Rnk 34 / 195

About

Czechia-Costa Rica Trade: In 2023, Czechia exported $20.3M to Costa Rica. The main products that Czechia exported to Costa Rica were Industrial Printers ($1.29M), Knitting Machine Accessories ($1.18M), and Nitrogenous Fertilizers ($1.02M). Over the past 5 years the exports of Czechia to Costa Rica have increased at an annualized rate of 12.6%, from $11.2M in 2018 to $20.3M in 2023.

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

Costa Rica-Czechia Trade: In 2023, Costa Rica exported $213M to Czechia. The main products that Costa Rica exported to Czechia were Integrated Circuits ($170M), Bananas ($19.7M), and Tropical Fruits ($6.54M). Over the past 5 years the exports of Costa Rica to Czechia have increased at an annualized rate of 23.8%,  from $47.9M in 2018 to $213M in 2023.

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

Comparison: In 2023,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Czechia exported $20.3M to Costa Rica. The main products exported from Czechia to Costa Rica were Industrial Printers ($1.29M), Knitting Machine Accessories ($1.18M), and Nitrogenous Fertilizers ($1.02M). During the last 5 years the exports of Czechia to Costa Rica have increased at an annualized rate of 12.6%, from $11.2M in 2018 to $20.3M in 2023.

In 2018, Costa Rica exported $213M to Czechia. The main products exported from Costa Rica to Czechia were Integrated Circuits ($170M), Bananas ($19.7M), and Tropical Fruits ($6.54M). During the last 5 years the exports of Costa Rica to Czechia have increased at an annualized rate of 23.8%, from $47.9M in 2023 to $213M in 2018.

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

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

Latest Data

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

Czechia Exports

Costa Rica Exports

Date

Market Competitiveness

Color
Czechia
Top Destination
Germany$64.2B
Costa Rica
Top Destination
United States$9.5B

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 2023, countries that imported more from Czechia than Costa Rica included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Costa Rica than Czechia included United States ($9.5B), Guatemala ($846M), and Nicaragua ($661M).

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

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 2023, Czechia had a large net trade with Costa Rica in the exports of Machines ($7.44M), Plastics and Rubbers ($2.31M), and Chemical Products ($2.2M).

During 2018, Costa Rica had a large net trade with Czechia in the exports of Machines ($172M), Vegetable Products ($28.6M), and Instruments ($5.89M).

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) (2023)

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