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2022
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Exports $477MRnk 65 / 211
2022
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Top Product $106MCars
2022
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Exports $306MRnk 13 / 178
2022
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Top Product $231MMedical Instruments
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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Economic Complexity (ECI) ECI 0.31Rnk 48 / 124
2022
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GDP$4.23TCURRENT US$
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2012-2022
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GDP GROWTH-32.5%CURRENT US$
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2022
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 GDP$68.4BCURRENT US$
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2012-2022
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GDP GROWTH44.8%CURRENT US$
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2022
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GDP PC $33,815CURRENT US$
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2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
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2022
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GDP PC$13,199CURRENT US$
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2012-2022
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GDP PC GROWTH32.4%CURRENT US$
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About

Japan-Costa Rica In 2022, Japan exported $477M to Costa Rica. The main products that Japan exported to Costa Rica are Cars ($106M), Integrated Circuits ($48M), and Hot-Rolled Iron ($47.6M). During the last 27 years the exports of Japan to Costa Rica have increased at an annualized rate of 5.15%, from $123M in 1995 to $477M in 2022.

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

Costa Rica-Japan In 2022, Costa Rica exported $306M to Japan. The main products that Costa Rica exported to Japan were Medical Instruments ($231M), Orthopedic Appliances ($20.9M), and Coffee ($7.34M). During the last 27 years the exports of Costa Rica to Japan have increased at an annualized rate of 8.58%, from $33.2M in 1995 to $306M in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B). That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.31), and 82 in total exports ($17.2B).

Latest Trends

January, 2024

About

Overview In January 2024, Japan exported ¥5.43B and imported ¥6.33B from Costa Rica, resulting in a negative trade balance of ¥904M. Between January 2023 and January 2024 the exports of Japan have increased by ¥1.89B (53.6%) from ¥3.54B to ¥5.43B, while imports increased by ¥1.5B (31%) from ¥4.84B to ¥6.33B.

Trade In January 2024, the top exports of Japan to Costa Rica were Integrated Circuits (¥1.04B), Cars (¥483M), Cold-Rolled Iron (¥414M), Hot-Rolled Iron (¥313M), and Machinery parts, not containing electrical connectors,... (¥137M). In January 2024 the top imports of Japan from Costa Rica were Medical Instruments (¥3.51B), Orthopedic Appliances (¥470M), Low-voltage Protection Equipment (¥150M), Optical Fibers and optical fibre bundles (¥77.9M), and Video Cameras (¥69.3M).

Origins In January 2024 the exports of Japan were mainly from Aichi (¥2.97B), Okayama (¥470M), Kanagawa (¥436M), Chiba (¥286M), and Fukuoka (¥264M), while imports destinations were mainly Chiba (¥5.23B), Tokyo (¥654M), Shizuoka (¥144M), Kanagawa (¥119M), and Osaka (¥115M).

Growth In January 2024, the increase in Japan's year-by-year exports to Costa Rica was explained primarily by an increase in product exports in Integrated Circuits (¥683M or 190%), Machinery parts, not containing electrical connectors,... (¥78.1M or 132%), and Combustion Engines (¥37.4M or 7.52k%). In January 2024, the increase in Japan's year-by-year imports  from Costa Rica was explained primarily by an increase in product imports  in Low-voltage Protection Equipment (¥58.5M or 64.1%), Video Cameras (¥46.9M or 209%), and Other Plastic Products (¥32.3M or 95%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)¥1.89B(53.6%)
IMPORT GROWTH (January 2023 - January 2024)¥1.5B(31%)
MAIN EXPORTER (January 2024)Aichi¥2.97B

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $477M to Costa Rica. The main products exported from Japan to Costa Rica were Cars ($106M), Integrated Circuits ($48M), and Hot-Rolled Iron ($47.6M). During the last 27 years the exports of Japan to Costa Rica have increased at an annualized rate of 5.15%, from $123M in 1995 to $477M in 2022.

In 2022, Costa Rica exported $306M to Japan. The main products exported from Costa Rica to Japan were Medical Instruments ($231M), Orthopedic Appliances ($20.9M), and Coffee ($7.34M). During the last 27 years the exports of Costa Rica to Japan have increased at an annualized rate of 8.58%, from $33.2M in 1995 to $306M in 2022.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2021, countries that imported more from Japan than Costa Rica were China ($135B), United States ($137B), and South Korea ($50.8B).

In 2021, countries that imported more from Costa Rica than Japan were Nicaragua ($593M), Honduras ($517M), and Guatemala ($821M).

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

Comparative Advantage Japan - Costa Rica

Flow
Scale

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

During 2022, Japan had a large net trade with Costa Rica in the exports of Transportation ($157M), Metals ($125M), and Machines ($116M).

During 2022, Costa Rica had a large net trade with Japan in the exports of Instruments ($261M), Vegetable Products ($12.9M), and Machines ($11.1M).

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

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

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