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About

New Zealand-Costa Rica In 2022, New Zealand exported $12.5M to Costa Rica. The main products that New Zealand exported to Costa Rica are Butter ($5.01M), Kaolin Coated Paper ($1.47M), and Non-fillet Frozen Fish ($1.2M). During the last 27 years the exports of New Zealand to Costa Rica have increased at an annualized rate of 2.13%, from $7.07M in 1995 to $12.5M in 2022.

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

Costa Rica-New Zealand In 2022, Costa Rica exported $6.99M to New Zealand. The main products that Costa Rica exported to New Zealand were Medical Instruments ($2.86M), Orthopedic Appliances ($1.59M), and Opto-Electric Instrument Parts ($261k). During the last 27 years the exports of Costa Rica to New Zealand have increased at an annualized rate of 11.7%, from $357k in 1995 to $6.99M in 2022.

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

Comparison In 2022,  New Zealand ranked 44 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.31), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $12.5M to Costa Rica. The main products exported from New Zealand to Costa Rica were Butter ($5.01M), Kaolin Coated Paper ($1.47M), and Non-fillet Frozen Fish ($1.2M). During the last 27 years the exports of New Zealand to Costa Rica have increased at an annualized rate of 2.13%, from $7.07M in 1995 to $12.5M in 2022.

In 2022, Costa Rica exported $6.99M to New Zealand. The main products exported from Costa Rica to New Zealand were Medical Instruments ($2.86M), Orthopedic Appliances ($1.59M), and Opto-Electric Instrument Parts ($261k). During the last 27 years the exports of Costa Rica to New Zealand have increased at an annualized rate of 11.7%, from $357k in 1995 to $6.99M in 2022.

Exports from New Zealand (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Costa Rica (Flag)

New Zealand Exports

Costa Rica Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$13.1B
Costa Rica
Top Destination
United States$6.83B

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

In 2021, countries that imported more from New Zealand than Costa Rica were China ($13.1B), Australia ($5.35B), and Japan ($2.75B).

In 2021, countries that imported more from Costa Rica than New Zealand were United States ($6.83B), Guatemala ($821M), and Nicaragua ($593M).

Difference in imports from Costa Rica (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Costa Rica

Flow
Scale

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

During 2022, New Zealand had a large net trade with Costa Rica in the exports of Animal Products ($6.43M), Paper Goods ($1.47M), and Instruments ($1.37M).

During 2022, Costa Rica had a large net trade with New Zealand in the exports of Instruments ($4.83M), Machines ($573k), and Plastics and Rubbers ($411k).

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 New Zealand has comparative advantage over Costa Rica. Similarly, the more yellow a dot/product is, the more Costa Rica has comparative advantage over New Zealand.

Product Space of New Zealand (Flag) and Costa Rica (Flag) (2022)

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