2023
Flag  
GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 88 / 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 
$32,610CURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 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

Slovenia-Costa Rica Trade: In 2023, Slovenia exported $6.4M to Costa Rica. The main products that Slovenia exported to Costa Rica were Packaged Medicaments ($3.57M), Electrical Resistors ($506k), and Medical Instruments ($441k). Over the past 5 years the exports of Slovenia to Costa Rica have increased at an annualized rate of 9.29%, from $4.11M in 2018 to $6.4M in 2023.

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

Costa Rica-Slovenia Trade: In 2023, Costa Rica exported $18.6M to Slovenia. The main products that Costa Rica exported to Slovenia were Bananas ($5.69M), Medical Instruments ($4.31M), and Tropical Fruits ($2.9M). Over the past 5 years the exports of Costa Rica to Slovenia have increased at an annualized rate of 2.08%,  from $16.8M in 2018 to $18.6M in 2023.

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

Comparison: In 2023,  Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B). 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, Slovenia exported $6.4M to Costa Rica. The main products exported from Slovenia to Costa Rica were Packaged Medicaments ($3.57M), Electrical Resistors ($506k), and Medical Instruments ($441k). During the last 5 years the exports of Slovenia to Costa Rica have increased at an annualized rate of 9.29%, from $4.11M in 2018 to $6.4M in 2023.

In 2018, Costa Rica exported $18.6M to Slovenia. The main products exported from Costa Rica to Slovenia were Bananas ($5.69M), Medical Instruments ($4.31M), and Tropical Fruits ($2.9M). During the last 5 years the exports of Costa Rica to Slovenia have increased at an annualized rate of 2.08%, from $16.8M in 2023 to $18.6M in 2018.

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

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

Latest Data

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

Slovenia Exports

Costa Rica Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$13.5B
Costa Rica
Top Destination
United States$9.5B

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

In 2023, countries that imported more from Slovenia than Costa Rica included Switzerland ($13.5B), Germany ($7.21B), and Italy ($6.23B).

In 2023, countries that imported more from Costa Rica than Slovenia included United States ($9.5B), Guatemala ($846M), and China ($1.17B).

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

Comparative Advantage Slovenia - Costa Rica

Flow
Scale

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

During 2023, Slovenia had a large net trade with Costa Rica in the exports of Chemical Products ($3.75M), Machines ($1.29M), and Instruments ($458k).

During 2018, Costa Rica had a large net trade with Slovenia in the exports of Vegetable Products ($9.1M), Instruments ($6.9M), and Machines ($1.45M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Costa Rica+$2.63MPackaged Medicaments
Top Product Potential Costa Rica Slovenia+$2.54MMedical 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

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

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

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