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2022
Flag → Flag
Exports $126MRnk 122 / 219
2022
Flag → Flag
Top Product $35.6MOther Steel Bars
2022
Flag → Flag
Exports $79.2MRnk 29 / 178
2022
Flag → Flag
Top Product $24.4MBananas
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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 $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

Turkey-Costa Rica Trade: In 2022, Turkey exported $126M to Costa Rica. The main products that Turkey exported to Costa Rica were Other Steel Bars ($35.6M), Raw Iron Bars ($31.2M), and Steel Wire ($4.51M). Over the past 5 years the exports of Turkey to Costa Rica have increased at an annualized rate of 11.7%, from $72.4M in 2017 to $126M in 2022.

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

Costa Rica-Turkey Trade: In 2022, Costa Rica exported $79.2M to Turkey. The main products that Costa Rica exported to Turkey were Bananas ($24.4M), Medical Instruments ($23.7M), and Tropical Fruits ($12M). Over the past 5 years the exports of Costa Rica to Turkey have increased at an annualized rate of 6.34%,  from $58.2M in 2017 to $79.2M in 2022.

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

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). 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, Turkey exported $126M to Costa Rica. The main products exported from Turkey to Costa Rica were Other Steel Bars ($35.6M), Raw Iron Bars ($31.2M), and Steel Wire ($4.51M). During the last 5 years the exports of Turkey to Costa Rica have increased at an annualized rate of 11.7%, from $72.4M in 2017 to $126M in 2022.

In 2017, Costa Rica exported $79.2M to Turkey. The main products exported from Costa Rica to Turkey were Bananas ($24.4M), Medical Instruments ($23.7M), and Tropical Fruits ($12M). During the last 5 years the exports of Costa Rica to Turkey have increased at an annualized rate of 6.34%, from $58.2M in 2022 to $79.2M in 2017.

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

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

Latest Data

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

Turkey Exports

Costa Rica Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Turkey than Costa Rica included Germany ($21.9B), Iraq ($13.7B), and United Kingdom ($13.7B).

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

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

Comparative Advantage Turkey - Costa Rica

Flow
Scale

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

During 2022, Turkey had a large net trade with Costa Rica in the exports of Metals ($86.7M), Machines ($8.96M), and Textiles ($7.04M).

During 2017, Costa Rica had a large net trade with Turkey in the exports of Vegetable Products ($37.3M), Instruments ($33.8M), and Machines ($3.64M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Costa Rica+$1.35MIron Structures
Top Product Potential Costa Rica Turkey+$16.1MMedical 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 Turkey and Costa Rica. This means that a dot/product with the flag of Turkey 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 Turkey.

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

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