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Pricing

2022
Flag → Flag
Exports $12.4MRnk 127 / 214
2022
Flag → Flag
Top Product $6.02MDelivery Trucks
2022
Flag → Flag
Exports $21.4MRnk 52 / 178
2022
Flag → Flag
Top Product $8.96MMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 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 $6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

South Africa-Costa Rica Trade: In 2022, South Africa exported $12.4M to Costa Rica. The main products that South Africa exported to Costa Rica were Delivery Trucks ($6.02M), Sowing Seeds ($751k), and Non-fillet Frozen Fish ($663k). Over the past 5 years the exports of South Africa to Costa Rica have increased at an annualized rate of 15.9%, from $5.92M in 2017 to $12.4M in 2022.

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

Costa Rica-South Africa Trade: In 2022, Costa Rica exported $21.4M to South Africa. The main products that Costa Rica exported to South Africa were Medical Instruments ($8.96M), Orthopedic Appliances ($2.96M), and Other Plastic Products ($2.45M). Over the past 5 years the exports of Costa Rica to South Africa have increased at an annualized rate of 10.5%,  from $13M in 2017 to $21.4M in 2022.

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

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Latest Trends

August, 2024

About

Overview In August 2024, South Africa exported ZAR10.2M and imported ZAR67.5M from Costa Rica, resulting in a negative trade balance of ZAR57.3M. Between August 2023 and August 2024 the exports of South Africa have decreased by ZAR-1.28M (-11.2%) from ZAR11.5M to ZAR10.2M, while imports increased by ZAR3.94M (6.2%) from ZAR63.6M to ZAR67.5M.

Trade In August 2024, the top exports of South Africa to Costa Rica were Chlorides (ZAR1.4M), Vegetable Saps (ZAR1.36M), Awnings, Tents, and Sails (ZAR395k), Wine (ZAR379k), and Other Engines (ZAR107k). In August 2024 the top imports of South Africa from Costa Rica were Medical Instruments (ZAR19.1M), Special Pharmaceuticals (ZAR5.89M), Orthopedic Appliances (ZAR4.61M), Telephones (ZAR1.57M), and Integrated Circuits (ZAR862k).

Origins In August 2024 the exports of South Africa were mainly from Pretoria (ZAR6.79M), Durban (ZAR1.92M), Cape Town (ZAR1.31M), and Cape Town Int Airport (ZAR173k), while imports destinations were mainly O.R. Tambo Int Airport (ZAR49.8M), Durban (ZAR11.5M), Cape Town (ZAR5.59M), Johannesburg (ZAR422k), and Cape Town Int Airport (ZAR234k).

Growth In August 2024, the decrease in South Africa's year-by-year exports to Costa Rica was explained primarily by an decrease in product exports in Awnings, Tents, and Sails (ZAR-627k or -61.3%). In August 2024, the increase in South Africa's year-by-year imports  from Costa Rica was explained primarily by an increase in product imports  in Medical Instruments (ZAR6.48M or 51.2%), Special Pharmaceuticals (ZAR3.88M or 193%), and Orthopedic Appliances (ZAR1.99M or 76.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)ZAR-1.28M(-11.2%)
IMPORT GROWTH (August 2023 - August 2024)ZAR3.94M(6.2%)
MAIN EXPORTER (August 2024)PretoriaZAR6.79M

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

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

For full datasets download visit Bulk Download page.

Explore Costa Rica and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $12.4M to Costa Rica. The main products exported from South Africa to Costa Rica were Delivery Trucks ($6.02M), Sowing Seeds ($751k), and Non-fillet Frozen Fish ($663k). During the last 5 years the exports of South Africa to Costa Rica have increased at an annualized rate of 15.9%, from $5.92M in 2017 to $12.4M in 2022.

In 2017, Costa Rica exported $21.4M to South Africa. The main products exported from Costa Rica to South Africa were Medical Instruments ($8.96M), Orthopedic Appliances ($2.96M), and Other Plastic Products ($2.45M). During the last 5 years the exports of Costa Rica to South Africa have increased at an annualized rate of 10.5%, from $13M in 2022 to $21.4M in 2017.

Exports from South Africa (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from South Africa than Costa Rica included China ($23.4B), Germany ($9.96B), and India ($9.14B).

In 2022, countries that imported more from Costa Rica than South Africa included Guatemala ($821M), Nicaragua ($593M), and Panama ($564M).

Difference in imports from Costa Rica (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Costa Rica

Flow
Scale

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

During 2022, South Africa had a large net trade with Costa Rica in the exports of Transportation ($6.15M), Chemical Products ($1.31M), and Vegetable Products ($1.31M).

During 2017, Costa Rica had a large net trade with South Africa in the exports of Instruments ($12.4M), Plastics and Rubbers ($2.75M), and Stone And Glass ($1.71M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Costa Rica+$3.38MDelivery Trucks
Top Product Potential Costa Rica South Africa+$8.25MMedical 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 South Africa and Costa Rica. This means that a dot/product with the flag of South Africa 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 South Africa.

Product Space of South Africa (Flag) and Costa Rica (Flag) (2022)

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