Iraq (IRQ) and Costa Rica (CRI) Trade | The Observatory of Economic Complexity

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Iraq-Costa Rica Trade: In 2021, Iraq exported $498 to Costa Rica. The main products that Iraq exported to Costa Rica were N/A. Over the past 5 years the exports of Iraq to Costa Rica have decreased at an annualized rate of 5.7%, from $668 in 2016 to $498 in 2021.

In 2021, Iraq did not export any services to Costa Rica.

Costa Rica-Iraq Trade: In 2021, Costa Rica exported $6.8M to Iraq. The main products that Costa Rica exported to Iraq were Bananas ($6.76M), Ink ($24.8k), and Rolled Tobacco ($6.43k). Over the past 5 years the exports of Costa Rica to Iraq have decreased at an annualized rate of 4.55%, from $10.3M in 2016 to $6.8M in 2021.

In 2021, Costa Rica did not export any services to Iraq.

Comparison: In 2022, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B). 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 2021, Iraq exported $498 to Costa Rica. There were not main exports from Iraq to Costa Rica in 2021. During the last 5 years the exports of Iraq to Costa Rica have decreased at an annualized rate of 5.7%, from $668 in 2016 to $498 in 2021.

In 2017, Costa Rica exported $6.8M to Iraq. The main products exported from Costa Rica to Iraq were Bananas ($6.76M), Ink ($24.8k), and Rolled Tobacco ($6.43k). During the last 5 years the exports of Costa Rica to Iraq have decreased at an annualized rate of 4.55%, from $10.3M in 2022 to $6.8M in 2017.

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

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

Latest Data

Trade between Iraq () and Costa Rica ()

Costa Rica Exports

Date

Mar 2020

Jan 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationIndia$38.8B

Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Iraq than Costa Rica included India ($38.8B), China ($34B), and South Korea ($8.21B).

In 2022, countries that imported more from Costa Rica than Iraq included Guatemala ($821M), Belgium ($775M), and Nicaragua ($593M).

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

Comparative Advantage Iraq - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Iraq had a large net trade with Costa Rica in the exports of .

During 2017, Costa Rica had a large net trade with Iraq in the exports of Vegetable Products ($6.76M), Chemical Products ($27.9k), and Foodstuffs ($6.43k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Costa Rica+$5.95kRefined Petroleum

Top Product Potential Costa Rica Iraq+$33.1kInk

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Iraq () and Costa Rica ()

Costa Rica Exports

Market Competitiveness

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

Comparative Advantage Iraq - Costa Rica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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