Oman (OMN) and Costa Rica (CRI) Trade | The Observatory of Economic Complexity

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Oman-Costa Rica Trade: In 2023, Oman exported $2.96M to Costa Rica. The main products that Oman exported to Costa Rica were Aluminium Wire ($1.79M), Raw Plastic Sheeting ($1.05M), and Packaged Medicaments ($83k). Over the past 5 years the exports of Oman to Costa Rica have increased at an annualized rate of 3.64%, from $2.48M in 2018 to $2.96M in 2023.

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

Costa Rica-Oman Trade: In 2023, Costa Rica exported $743k to Oman. The main products that Costa Rica exported to Oman were Medical Instruments ($198k), Scrap Copper ($145k), and Orthopedic Appliances ($88.1k). Over the past 5 years the exports of Costa Rica to Oman have increased at an annualized rate of 2.29%, from $664k in 2018 to $743k in 2023.

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

Comparison: In 2023, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Oman exported $2.96M to Costa Rica. The main products exported from Oman to Costa Rica were Aluminium Wire ($1.79M), Raw Plastic Sheeting ($1.05M), and Packaged Medicaments ($83k). During the last 5 years the exports of Oman to Costa Rica have increased at an annualized rate of 3.64%, from $2.48M in 2018 to $2.96M in 2023.

In 2018, Costa Rica exported $743k to Oman. The main products exported from Costa Rica to Oman were Medical Instruments ($198k), Scrap Copper ($145k), and Orthopedic Appliances ($88.1k). During the last 5 years the exports of Costa Rica to Oman have increased at an annualized rate of 2.29%, from $664k in 2023 to $743k in 2018.

Exports from Oman () to Costa Rica () (2023)

Exports from Costa Rica () to Oman () (2023)

Latest Data

Trade between Oman () and Costa Rica ()

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.2B

Costa Rica
Top DestinationUnited States$9.5B

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

In 2023, countries that imported more from Oman than Costa Rica included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

Difference in imports from Costa Rica () and Oman () (2023)

Comparative Advantage Oman - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Oman had a large net trade with Costa Rica in the exports of Metals ($1.79M), Plastics and Rubbers ($1.05M), and Chemical Products ($83k).

During 2018, Costa Rica had a large net trade with Oman in the exports of Instruments ($290k), Metals ($146k), and Vegetable Products ($123k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Costa Rica+$668kRaw Plastic Sheeting

Top Product Potential Costa Rica Oman+$181kMedical 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

Year

This visualization shows the product space at the HS4 level with the flags of Oman and Costa Rica. This means that a dot/product with the flag of Oman 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 Oman.

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Costa Rica () (2023)

Exports from Costa Rica () to Oman () (2023)

Latest Data

Trade between Oman () and Costa Rica ()

Oman Exports

Market Competitiveness

Difference in imports from Costa Rica () and Oman () (2023)

Comparative Advantage Oman - Costa Rica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Oman () and Costa Rica () (2023)

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