2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
GDP PC 
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

Costa Rica-Finland In 2022, Costa Rica exported $37.6M to Finland. The main products that Costa Rica exported to Finland are Bananas ($20.9M), Low-voltage Protection Equipment ($3.47M), and Coffee ($2.34M). During the last 27 years the exports of Costa Rica to Finland have increased at an annualized rate of 0.0068%, from $37.5M in 1995 to $37.6M in 2022.

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

Finland-Costa Rica In 2022, Finland exported $27M to Costa Rica. The main products that Finland exported to Costa Rica were Mixed Mineral or Chemical Fertilizers ($5.84M), Other Uncoated Paper ($5.1M), and Kraft Paper ($2.55M). During the last 27 years the exports of Finland to Costa Rica have increased at an annualized rate of 6.87%, from $4.5M in 1995 to $27M in 2022.

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

Comparison In 2022,  Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $37.6M to Finland. The main products exported from Costa Rica to Finland were Bananas ($20.9M), Low-voltage Protection Equipment ($3.47M), and Coffee ($2.34M). During the last 27 years the exports of Costa Rica to Finland have increased at an annualized rate of 0.0068%, from $37.5M in 1995 to $37.6M in 2022.

In 2022, Finland exported $27M to Costa Rica. The main products exported from Finland to Costa Rica were Mixed Mineral or Chemical Fertilizers ($5.84M), Other Uncoated Paper ($5.1M), and Kraft Paper ($2.55M). During the last 27 years the exports of Finland to Costa Rica have increased at an annualized rate of 6.87%, from $4.5M in 1995 to $27M in 2022.

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

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

Latest Data

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

Costa Rica Exports

Finland Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Finland
Top Destination
Germany$9.99B

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

In 2021, countries that imported more from Costa Rica than Finland were Guatemala ($821M), Nicaragua ($593M), and Panama ($564M).

In 2021, countries that imported more from Finland than Costa Rica were Germany ($9.99B), Sweden ($9.1B), and Netherlands ($5.88B).

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

Comparative Advantage Costa Rica - Finland

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Finland in the exports of Vegetable Products ($26.9M), Machines ($5.24M), and Instruments ($3.42M).

During 2022, Finland had a large net trade with Costa Rica in the exports of Paper Goods ($9.48M), Chemical Products ($7.11M), and Machines ($4.52M).

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 Costa Rica has comparative advantage over Finland. Similarly, the more yellow a dot/product is, the more Finland has comparative advantage over Costa Rica.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with