2022
Flag  
GDP
$185BCURRENT US$
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2012-2022
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GDP GROWTH
6.04%CURRENT US$
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2022
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 GDP
$68.4BCURRENT US$
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2012-2022
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GDP GROWTH
44.8%CURRENT US$
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2022
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GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
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2022
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GDP PC
$13,199CURRENT US$
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2012-2022
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GDP PC GROWTH
32.4%CURRENT US$
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About

Kuwait-Costa Rica In 2022, Kuwait exported $71.4k to Costa Rica. The main products that Kuwait exported to Costa Rica are Sodium or Potassium Peroxides ($69.2k) and Other Furniture ($2.19k). During the last 25 years the exports of Kuwait to Costa Rica have increased at an annualized rate of 7.94%, from $10.6k in 1997 to $71.4k in 2022.

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

Costa Rica-Kuwait In 2022, Costa Rica exported $23.6M to Kuwait. The main products that Costa Rica exported to Kuwait were Medical Instruments ($9.94M), Orthopedic Appliances ($5.43M), and Other Heating Machinery ($1.43M). During the last 25 years the exports of Costa Rica to Kuwait have increased at an annualized rate of 25.4%, from $82.3k in 1997 to $23.6M in 2022.

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

Comparison In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). 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, Kuwait exported $71.4k to Costa Rica. The main products exported from Kuwait to Costa Rica were Sodium or Potassium Peroxides ($69.2k) and Other Furniture ($2.19k). During the last 25 years the exports of Kuwait to Costa Rica have increased at an annualized rate of 7.94%, from $10.6k in 1997 to $71.4k in 2022.

In 2022, Costa Rica exported $23.6M to Kuwait. The main products exported from Costa Rica to Kuwait were Medical Instruments ($9.94M), Orthopedic Appliances ($5.43M), and Other Heating Machinery ($1.43M). During the last 27 years the exports of Costa Rica to Kuwait have increased at an annualized rate of 25.4%, from $82.3k in 1995 to $23.6M in 2022.

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

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

Latest Data

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

Kuwait Exports

Costa Rica Exports

Date

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Costa Rica
Top Destination
United States$6.83B

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

In 2021, countries that imported more from Kuwait than Costa Rica were China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2021, countries that imported more from Costa Rica than Kuwait were United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

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

Comparative Advantage Kuwait - Costa Rica

Flow
Scale

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

During 2022, Kuwait had a large net trade with Costa Rica in the exports of Chemical Products ($69.2k) and Miscellaneous ($2.19k).

During 2022, Costa Rica had a large net trade with Kuwait in the exports of Instruments ($17.3M), Machines ($2.23M), and Chemical Products ($1.73M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Kuwait has comparative advantage over Costa Rica. Similarly, the more yellow a dot/product is, the more Costa Rica has comparative advantage over Kuwait.

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

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