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Pricing

2022
Flag → Flag
Exports $90.7MRnk 101 / 216
2022
Flag → Flag
Top Product $28.7MCars
2022
Flag → Flag
Exports $5.8MRnk 78 / 178
2022
Flag → Flag
Top Product $849kOpto-Electric Instrument Parts
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC $4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

Indonesia-Costa Rica Trade: In 2022, Indonesia exported $90.7M to Costa Rica. The main products that Indonesia exported to Costa Rica were Cars ($28.7M), Semi-Finished Iron ($22.1M), and Non-fillet Frozen Fish ($5.36M). Over the past 5 years the exports of Indonesia to Costa Rica have increased at an annualized rate of 22.8%, from $32.5M in 2017 to $90.7M in 2022.

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

Costa Rica-Indonesia Trade: In 2022, Costa Rica exported $5.8M to Indonesia. The main products that Costa Rica exported to Indonesia were Opto-Electric Instrument Parts ($849k), Medical Instruments ($740k), and Low-voltage Protection Equipment ($642k). Over the past 5 years the exports of Costa Rica to Indonesia have decreased at an annualized rate of 13.1%,  from $15.5M in 2017 to $5.8M in 2022.

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

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). 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, Indonesia exported $90.7M to Costa Rica. The main products exported from Indonesia to Costa Rica were Cars ($28.7M), Semi-Finished Iron ($22.1M), and Non-fillet Frozen Fish ($5.36M). During the last 5 years the exports of Indonesia to Costa Rica have increased at an annualized rate of 22.8%, from $32.5M in 2017 to $90.7M in 2022.

In 2017, Costa Rica exported $5.8M to Indonesia. The main products exported from Costa Rica to Indonesia were Opto-Electric Instrument Parts ($849k), Medical Instruments ($740k), and Low-voltage Protection Equipment ($642k). During the last 5 years the exports of Costa Rica to Indonesia have decreased at an annualized rate of 13.1%, from $15.5M in 2022 to $5.8M in 2017.

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

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

Latest Data

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

Indonesia Exports

Costa Rica Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$67.7B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Indonesia than Costa Rica included China ($67.7B), Japan ($26.6B), and India ($25.3B).

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

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

Comparative Advantage Indonesia - Costa Rica

Flow
Scale

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

During 2022, Indonesia had a large net trade with Costa Rica in the exports of Transportation ($30.9M), Metals ($23.6M), and Machines ($6.71M).

During 2017, Costa Rica had a large net trade with Indonesia in the exports of Machines ($2.39M), Instruments ($2.11M), and Plastics and Rubbers ($421k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Costa Rica+$8.79MCars
Top Product Potential Costa Rica Indonesia+$3.32MMedical 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 Indonesia and Costa Rica. This means that a dot/product with the flag of Indonesia 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 Indonesia.

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

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