2023
Flag
 GDP
$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH
69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC
$16,942CURRENT US$
Rnk 69 / 196
2013-2023
Flag
GDP PC GROWTH
56.8%CURRENT US$
Rnk 34 / 195

About

Bhutan-Costa Rica Trade: In 2023, Bhutan exported $770 to Costa Rica. The main products that Bhutan exported to Costa Rica were Transmissions ($714) and Blank Audio Media ($56). Over the past 10 years the exports of Bhutan to Costa Rica have decreased at an annualized rate of 29.9%, from $26.9k in 2013 to $770 in 2023.

In 2023, Bhutan did not export any services to Costa Rica.

Costa Rica-Bhutan In false, Costa Rica did not export any products to Bhutan.

In 2023, Costa Rica did not export any services to Bhutan.

Comparison In 2023,  Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index. That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $770 to Costa Rica. The main products exported from Bhutan to Costa Rica were Transmissions ($714) and Blank Audio Media ($56). During the last 10 years the exports of Bhutan to Costa Rica have decreased at an annualized rate of 29.9%, from $26.9k in 2013 to $770 in 2023.

Costa Rica does not register exports to Bhutan.

Exports from Bhutan (Flag) to Costa Rica (Flag) (2023)

Exports from Costa Rica (Flag) to Bhutan (Flag) (2023)

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Costa Rica
Top Destination
United States$9.5B

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

In 2023, countries that imported more from Bhutan than Costa Rica included India ($421M) and Malawi ($47k).

In 2023, countries that imported more from Costa Rica than Bhutan included United States ($9.5B), Netherlands ($1.52B), and China ($1.17B).

Difference in imports from Costa Rica (Flag) and Bhutan (Flag) (2023)

Comparative Advantage Bhutan - Costa Rica

Flow
Scale

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

During 2023, Bhutan had a large net trade with Costa Rica in the exports of Machines ($770).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Costa Rica (Flag) (2023)

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