Costa Rica

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About Costa Rica

Costa Rica, officially known as the Republic of Costa Rica is a Central American country, a stretch that joins North America with South America along with Panama. The Country has been part of Spanish Colonialism.

Economically Costa Rica is an agricultural country however due to the benefits from Free Trade Services, the country also provides Corporate Services to Foreign companies, Pharmaceuticals and Manufacturing. Tourism also plays a big role in the GDP of the country.

Country Facts


Basic Details
RegionCentral America
Capital CitySan Jose
Government TypePresidential Constitutional Republic
Official LanguagesSpanish
CurrencyCosta Rican colon, CRC
Phone Code +506
Important CitiesSan José, Limón (Puerto Limón), Alajuela, San Francisco, Cinco Esquinas, Desamparados, Liberia, Puntarenas, San Vicente, Barranca, Curridabat, Paraíso, San Isidro de El General, San José de Alajuela, Purral, San Pedro, Ipís, San Miguel, Aguacaliente
National DayIndependence Day (Sep-15)
GDP (nominal)USD 85.59 Billion
Ease of Doing Business Ranking74
Primary IndustriesLiquidity crisis, Natural resource,Agriculture
Foreign Relations
Bordering NationsNicaragua, Panama, the Atlantic Ocean, the Pacific Ocean
Member of(United Nations)
Major ExportsInstruments & Optical Solutions, Fruits and Nuts, Food & Beverages, Spirits & Vinegar, Electrical Products, Plastics and Products, Spices, Rubber and Products, Pharmaceutical Products, Edible Oils & Seeds, Mining, Metals & Minerals, Vegetables and Related Products, Other Products, Cereals & Pulses, Chemical Products, Books and Papers, Hides, Leather & Tannery, Glass and glassware
Major ImportsMining, Metals & Minerals, Machinery & Appliances, Electrical Products, Plastics and Products, Automobiles, Vehicles & Components, Pharmaceutical Products, Instruments & Optical Solutions, Books and Papers, Cereals & Pulses, Chemical Products, Agriculture & Farming Products and Solutions, Household Items & Products, Rubber and Products, Cosmetics and Accessories, Food & Beverages, Spirits & Vinegar
Total Exports ValueUSD 15.320 Billion
Total Imports ValueUSD 21.144 Billion
Foreign Trade BalanceUSD 5.824 Billion (Deficit)
Foreign Relations with India
Trade Agreements with IndiaIndia-Costa Rica bilateral trade in 2019-20 was US$175.34 million. The exports to Costa Rica were US$126.63 million while the imports from Costa Rica were US$48.71.The main export items comprise of automobiles, pharmaceutical products, textiles and clothing, motor cycles, organic chemicals, electrical machinery, and miscellaneous products like notebooks, cables, and tires. Major imports from Costa Rica, consist of wood and articles of wood, integrated circuits and micro assemblies, optical medical or surgical instruments, and to a lesser extent, nuts, coffee, tea, glass and glassware.
Major Exports to IndiaWood and Pulp, Edible Oils & Seeds, Mining, Metals & Minerals, Electrical Products, Plastics and Products, Pharmaceutical Products, Rubber and Products, Food & Beverages, Spirits & Vinegar, Machinery & Appliances, Hides, Leather & Tannery, Fruits and Nuts, Chemical Products, Plants and Flowers, Vegetables and Related Products, Agriculture & Farming Products and Solutions, Cosmetics and Accessories
Major Imports from IndiaAutomobiles, Vehicles & Components, Pharmaceutical Products, Chemical Products, Mining, Metals & Minerals, Machinery & Appliances, Rubber and Products, Plastics and Products, Electrical Products, Ceramic Products, Fashion and Apparel, Silk & Textiles, Hides, Leather & Tannery, Instruments & Optical Solutions, Cosmetics and Accessories, Edible Oils & Seeds, Books and Papers
India's Imports ValueUSD 60.78 Million
India's Exports ValueUSD 192.72 Million
Trade Balance with IndiaUSD 131.94 Million (Deficit)
Indian Embassy Details for Costa RicaHonorary Consulate of India (Under Embassy of India in Panama)
H.E. Mr. Samuel Schachtel
Honorary Consul
440-1000 San Jose, Costa Rica

Embassy of India
H.E. Dr. Sumit Seth
Honourable Ambassador
10325, Avenida Federico Boyd,Apdo 0823-05815, Bella Vista, Panama, Republic of Panama

507-2642416, 2643043, 2648780

Embassy Details of Costa Rica in IndiaCosta Rica
Embassy of the Republic of Costa Rica
H.E. Ms. Sofia Salas Monge
C 6/15, Ground FloorVasant ViharNew Delhi-110057
+91-11-41080810 (O)