2022
Flag  
GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
 GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC 
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186
2022
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GDP PC
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

Mexico-Costa Rica In 2022, Mexico exported $1.03B to Costa Rica. The main products that Mexico exported to Costa Rica are Packaged Medicaments ($47.6M), Insulated Wire ($37.5M), and Animal Food ($31.1M). During the last 27 years the exports of Mexico to Costa Rica have increased at an annualized rate of 6.57%, from $186M in 1995 to $1.03B in 2022.

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

Costa Rica-Mexico In 2022, Costa Rica exported $397M to Mexico. The main products that Costa Rica exported to Mexico were Other Edible Preparations ($86.1M), Palm Oil ($80.4M), and Orthopedic Appliances ($45.7M). During the last 27 years the exports of Costa Rica to Mexico have increased at an annualized rate of 11.3%, from $22M in 1995 to $397M in 2022.

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

Comparison In 2022,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.31), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mexico exported $1.03B to Costa Rica. The main products exported from Mexico to Costa Rica were Packaged Medicaments ($47.6M), Insulated Wire ($37.5M), and Animal Food ($31.1M). During the last 27 years the exports of Mexico to Costa Rica have increased at an annualized rate of 6.57%, from $186M in 1995 to $1.03B in 2022.

In 2022, Costa Rica exported $397M to Mexico. The main products exported from Costa Rica to Mexico were Other Edible Preparations ($86.1M), Palm Oil ($80.4M), and Orthopedic Appliances ($45.7M). During the last 27 years the exports of Costa Rica to Mexico have increased at an annualized rate of 11.3%, from $22M in 1995 to $397M in 2022.

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

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

Latest Data

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

Mexico Exports

Costa Rica Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Costa Rica
Top Destination
United States$6.83B

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

In 2021, countries that imported more from Mexico than Costa Rica were United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2021, countries that imported more from Costa Rica than Mexico were Haiti ($18.8M), Russia ($24.4M), and Libya ($8.47M).

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

Comparative Advantage Mexico - Costa Rica

Flow
Scale

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

During 2022, Mexico had a large net trade with Costa Rica in the exports of Chemical Products ($214M), Machines ($199M), and Foodstuffs ($135M).

During 2022, Costa Rica had a large net trade with Mexico in the exports of Animal and Vegetable Bi-Products ($103M), Foodstuffs ($97.4M), and Machines ($74.1M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Mexico has comparative advantage over Costa Rica. Similarly, the more yellow a dot/product is, the more Costa Rica has comparative advantage over Mexico.

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

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