2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 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 
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

Bahamas-Costa Rica Trade: In 2022, Bahamas exported $4.55k to Costa Rica. The main products that Bahamas exported to Costa Rica were Other Plastic Products ($3.84k), Brochures ($264), and Glands and Other Organs ($200). Over the past 5 years the exports of Bahamas to Costa Rica have decreased at an annualized rate of 61.2%, from $518k in 2017 to $4.55k in 2022.

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

Costa Rica-Bahamas Trade: In 2022, Costa Rica exported $18.1M to Bahamas. The main products that Costa Rica exported to Bahamas were Other Edible Preparations ($7.88M), Glass Bottles ($3.16M), and Unpackaged Medicaments ($2.72M). Over the past 5 years the exports of Costa Rica to Bahamas have increased at an annualized rate of 7.13%,  from $12.8M in 2017 to $18.1M in 2022.

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

Comparison In 2022,  Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index. That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $4.55k to Costa Rica. The main products exported from Bahamas to Costa Rica were Other Plastic Products ($3.84k), Brochures ($264), and Glands and Other Organs ($200). During the last 5 years the exports of Bahamas to Costa Rica have decreased at an annualized rate of 61.2%, from $518k in 2017 to $4.55k in 2022.

In 2017, Costa Rica exported $18.1M to Bahamas. The main products exported from Costa Rica to Bahamas were Other Edible Preparations ($7.88M), Glass Bottles ($3.16M), and Unpackaged Medicaments ($2.72M). During the last 5 years the exports of Costa Rica to Bahamas have increased at an annualized rate of 7.13%, from $12.8M in 2022 to $18.1M in 2017.

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

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

Latest Data

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

Costa Rica Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.4B
Costa Rica
Top Destination
United States$6.83B

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

In 2022, countries that imported more from Bahamas than Costa Rica included Cote d'Ivoire ($576M), Thailand ($185M), and Poland ($114M).

In 2022, countries that imported more from Costa Rica than Bahamas included United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

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

Comparative Advantage Bahamas - Costa Rica

Flow
Scale

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

During 2022, Bahamas had a large net trade with Costa Rica in the exports of Plastics and Rubbers ($3.84k), Paper Goods ($264), and Chemical Products ($200).

During 2017, Costa Rica had a large net trade with Bahamas in the exports of Foodstuffs ($10.7M), Chemical Products ($3.55M), and Stone And Glass ($3.18M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bahamas and Costa Rica. This means that a dot/product with the flag of Bahamas 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 Bahamas.

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

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