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Pricing

2022
Flag → Flag
Exports $72.2MRnk 80 / 217
2022
Flag → Flag
Top Product $22.8MPackaged Medicaments
2022
Flag → Flag
Exports $10.5MRnk 67 / 178
2022
Flag → Flag
Top Product $8.1MBananas
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

Sweden-Costa Rica Trade: In 2022, Sweden exported $72.2M to Costa Rica. The main products that Sweden exported to Costa Rica were Packaged Medicaments ($22.8M), Cars ($4.72M), and Malt ($4.69M). Over the past 5 years the exports of Sweden to Costa Rica have increased at an annualized rate of 8.56%, from $47.9M in 2017 to $72.2M in 2022.

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

Costa Rica-Sweden Trade: In 2022, Costa Rica exported $10.5M to Sweden. The main products that Costa Rica exported to Sweden were Bananas ($8.1M), Tropical Fruits ($1.14M), and Ink ($221k). Over the past 5 years the exports of Costa Rica to Sweden have decreased at an annualized rate of 17.9%,  from $28.2M in 2017 to $10.5M in 2022.

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

Comparison: In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Latest Trends

June, 2024

About

Overview In June 2024, Sweden exported SEK27.8M and imported SEK11M from Costa Rica, resulting in a positive trade balance of SEK16.8M. Between June 2023 and June 2024 the exports of Sweden have increased by SEK1.61M (6.14%) from SEK26.2M to SEK27.8M, while imports decreased by SEK-2.2M (-16.7%) from SEK13.2M to SEK11M.

Trade In June 2024, the top exports of Sweden to Costa Rica were Cars (SEK9.79M), Semiconductor Devices (SEK2.27M), Motor-working Tools (SEK1.17M), Cellulose (SEK1.13M), and High-voltage Protection Equipment (SEK928k). In June 2024 the top imports of Sweden from Costa Rica were Bananas (SEK13M), Tropical Fruits (SEK1.07M), Pesticides (SEK193k), Industrial Printers (SEK34k), and Ink (SEK15k).

Growth In June 2024, the increase in Sweden's year-by-year exports to Costa Rica was explained primarily by an increase in product exports in Cars (SEK4.04M or 70.3%), Tungsten (SEK623k or 1.22k%), and Motor-working Tools (SEK552k or 89.8%). In June 2024, the decrease in Sweden's year-by-year imports  from Costa Rica was explained primarily by an decrease in product imports  in Rolled Tobacco (SEK-97k or -98%) and Industrial Printers (SEK-13k or -27.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)SEK1.61M(6.14%)
IMPORT GROWTH (June 2023 - June 2024)SEK-2.2M(-16.7%)

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Costa Rica and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Costa Rica and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $72.2M to Costa Rica. The main products exported from Sweden to Costa Rica were Packaged Medicaments ($22.8M), Cars ($4.72M), and Malt ($4.69M). During the last 5 years the exports of Sweden to Costa Rica have increased at an annualized rate of 8.56%, from $47.9M in 2017 to $72.2M in 2022.

In 2017, Costa Rica exported $10.5M to Sweden. The main products exported from Costa Rica to Sweden were Bananas ($8.1M), Tropical Fruits ($1.14M), and Ink ($221k). During the last 5 years the exports of Costa Rica to Sweden have decreased at an annualized rate of 17.9%, from $28.2M in 2022 to $10.5M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Sweden than Costa Rica included Germany ($19.2B), Norway ($18.7B), and Denmark ($14.6B).

In 2022, countries that imported more from Costa Rica than Sweden included Guatemala ($821M), Nicaragua ($593M), and Honduras ($517M).

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

Comparative Advantage Sweden - Costa Rica

Flow
Scale

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

During 2022, Sweden had a large net trade with Costa Rica in the exports of N/A.

During 2017, Costa Rica had a large net trade with Sweden in the exports of Vegetable Products ($9.52M), Machines ($427k), and Chemical Products ($270k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Costa Rica+$5.53MCars
Top Product Potential Costa Rica Sweden+$1.25MTropical Fruits

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

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

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