2023
Flag  
GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 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 
$4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 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

Iran-Costa Rica Trade: In 2023, Iran exported $74.3k to Costa Rica. The main products that Iran exported to Costa Rica were Vegetable Alkaloids ($73.9k), Optical Fibers and optical fibre bundles ($178), and Valves ($154). Over the past 5 years the exports of Iran to Costa Rica have decreased at an annualized rate of 13.2%, from $151k in 2018 to $74.3k in 2023.

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

Costa Rica-Iran Trade: In 2023, Costa Rica exported $71.5k to Iran. The main products that Costa Rica exported to Iran were Ink ($71.1k) and Industrial Printers ($406). Over the past 5 years the exports of Costa Rica to Iran have decreased at an annualized rate of 24.6%,  from $294k in 2018 to $71.5k in 2023.

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $74.3k to Costa Rica. The main products exported from Iran to Costa Rica were Vegetable Alkaloids ($73.9k), Optical Fibers and optical fibre bundles ($178), and Valves ($154). During the last 5 years the exports of Iran to Costa Rica have decreased at an annualized rate of 13.2%, from $151k in 2018 to $74.3k in 2023.

In 2018, Costa Rica exported $71.5k to Iran. The main products exported from Costa Rica to Iran were Ink ($71.1k) and Industrial Printers ($406). During the last 5 years the exports of Costa Rica to Iran have decreased at an annualized rate of 24.6%, from $294k in 2023 to $71.5k in 2018.

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

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

Latest Data

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

Costa Rica Exports

Date

Market Competitiveness

Color
Iran
Top Destination
China$4.59B
Costa Rica
Top Destination
United States$9.5B

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

In 2023, countries that imported more from Iran than Costa Rica included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

In 2023, countries that imported more from Costa Rica than Iran included United States ($9.5B), Netherlands ($1.52B), and Guatemala ($846M).

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

Comparative Advantage Iran - Costa Rica

Flow
Scale

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

During 2023, Iran had a large net trade with Costa Rica in the exports of Chemical Products ($73.9k), Instruments ($178), and Machines ($154).

During 2018, Costa Rica had a large net trade with Iran in the exports of Chemical Products ($71.1k) and Machines ($406).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Costa Rica+$41.9kMedical Instruments
Top Product Potential Costa Rica Iran+$41.1kCoffee

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 Iran and Costa Rica. This means that a dot/product with the flag of Iran 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 Iran.

Product Space of Iran (Flag) and Costa Rica (Flag) (2023)

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