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
$16,942CURRENT US$
Rnk 69 / 196
2013-2023
Flag
GDP PC GROWTH
56.8%CURRENT US$
Rnk 34 / 195

About

Chinese Taipei-Costa Rica Trade: In 2023, Chinese Taipei exported $157M to Costa Rica. The main products that Chinese Taipei exported to Costa Rica were Polyacetals ($17.8M), Raw Plastic Sheeting ($5.05M), and Motor vehicles; parts and accessories (8701 to 8705) ($4.5M). Over the past 5 years the exports of Chinese Taipei to Costa Rica have increased at an annualized rate of 6.55%, from $115M in 2018 to $157M in 2023.

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

Costa Rica-Chinese Taipei Trade: In 2023, Costa Rica exported $192M to Chinese Taipei. The main products that Costa Rica exported to Chinese Taipei were Integrated Circuits ($116M), Scrap Iron ($14.7M), and Medical Instruments ($13.3M). Over the past 5 years the exports of Costa Rica to Chinese Taipei have increased at an annualized rate of 17.1%,  from $87M in 2018 to $192M in 2023.

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

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). 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, Chinese Taipei exported $157M to Costa Rica. The main products exported from Chinese Taipei to Costa Rica were Polyacetals ($17.8M), Raw Plastic Sheeting ($5.05M), and Motor vehicles; parts and accessories (8701 to 8705) ($4.5M). During the last 5 years the exports of Chinese Taipei to Costa Rica have increased at an annualized rate of 6.55%, from $115M in 2018 to $157M in 2023.

In 2018, Costa Rica exported $192M to Chinese Taipei. The main products exported from Costa Rica to Chinese Taipei were Integrated Circuits ($116M), Scrap Iron ($14.7M), and Medical Instruments ($13.3M). During the last 5 years the exports of Costa Rica to Chinese Taipei have increased at an annualized rate of 17.1%, from $87M in 2023 to $192M in 2018.

Exports from Chinese Taipei (Flag) to Costa Rica (Flag) (2023)

Exports from Costa Rica (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Costa Rica
Top Destination
United States$9.5B

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

In 2023, countries that imported more from Chinese Taipei than Costa Rica included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

In 2023, countries that imported more from Costa Rica than Chinese Taipei included Nicaragua ($661M), Guatemala ($846M), and Panama ($585M).

Difference in imports from Costa Rica (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Costa Rica

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Costa Rica in the exports of Machines ($49.9M), Plastics and Rubbers ($44.2M), and Metals ($15.6M).

During 2018, Costa Rica had a large net trade with Chinese Taipei in the exports of Machines ($130M), Metals ($22.9M), and Instruments ($19.9M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Costa Rica (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with