Greece (GRC) and Costa Rica (CRI) Trade | The Observatory of Economic Complexity

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Greece-Costa Rica Trade: In 2022, Greece exported $5.05M to Costa Rica. The main products that Greece exported to Costa Rica were Packaged Medicaments ($2.28M), Other Processed Fruits and Nuts ($560k), and Other Processed Vegetables ($243k). Over the past 5 years the exports of Greece to Costa Rica have increased at an annualized rate of 22.5%, from $1.83M in 2017 to $5.05M in 2022.

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

Costa Rica-Greece Trade: In 2022, Costa Rica exported $16.6M to Greece. The main products that Costa Rica exported to Greece were Bananas ($6.52M), Tropical Fruits ($5.73M), and Coffee ($3.31M). Over the past 5 years the exports of Costa Rica to Greece have increased at an annualized rate of 1.23%, from $15.6M in 2017 to $16.6M in 2022.

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

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $5.05M to Costa Rica. The main products exported from Greece to Costa Rica were Packaged Medicaments ($2.28M), Other Processed Fruits and Nuts ($560k), and Other Processed Vegetables ($243k). During the last 5 years the exports of Greece to Costa Rica have increased at an annualized rate of 22.5%, from $1.83M in 2017 to $5.05M in 2022.

In 2017, Costa Rica exported $16.6M to Greece. The main products exported from Costa Rica to Greece were Bananas ($6.52M), Tropical Fruits ($5.73M), and Coffee ($3.31M). During the last 5 years the exports of Costa Rica to Greece have increased at an annualized rate of 1.23%, from $15.6M in 2022 to $16.6M in 2017.

Exports from Greece () to Costa Rica () (2022)

Exports from Costa Rica () to Greece () (2022)

Latest Data

Trade between Greece () and Costa Rica ()

Greece Exports

Date

Costa Rica Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Greece than Costa Rica included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Difference in imports from Costa Rica () and Greece () (2022)

Comparative Advantage Greece - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Costa Rica in the exports of N/A.

During 2017, Costa Rica had a large net trade with Greece in the exports of Vegetable Products ($16M), Instruments ($181k), and Foodstuffs ($169k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Costa Rica+$2.22MPackaged Medicaments

Top Product Potential Costa Rica Greece+$2.03MCoffee

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

Year

This visualization shows the product space at the HS4 level with the flags of Greece and Costa Rica. This means that a dot/product with the flag of Greece 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 Greece.

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Historical Data

Bilateral Trade by Products

Exports from Greece () to Costa Rica () (2022)

Exports from Costa Rica () to Greece () (2022)

Latest Data

Trade between Greece () and Costa Rica ()

Greece Exports

Costa Rica Exports

Market Competitiveness

Difference in imports from Costa Rica () and Greece () (2022)

Comparative Advantage Greece - Costa Rica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Costa Rica () (2022)

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