Costa Rica (CRI) and Greenland (GRL) Trade | The Observatory of Economic Complexity

About

Costa Rica-Greenland Trade: In 2021, Costa Rica exported $236k to Greenland. The main products that Costa Rica exported to Greenland were N/A. Over the past 7 years the exports of Costa Rica to Greenland have increased at an annualized rate of 37.8%, from $24.9k in 2014 to $236k in 2021.

In 2021, Costa Rica did not export any services to Greenland.

Greenland-Costa Rica Trade: In 2021, Greenland exported $845 to Costa Rica. The main products that Greenland exported to Costa Rica were N/A. Over the past 7 years the exports of Greenland to Costa Rica have decreased at an annualized rate of 28.9%, from $4.65k in 2014 to $845 in 2021.

In 2021, Greenland 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, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Costa Rica exported $236k to Greenland. There were not main exports from Costa Rica to Greenland in 2021. During the last 7 years the exports of Costa Rica to Greenland have increased at an annualized rate of 37.8%, from $24.9k in 2014 to $236k in 2021.

In 2013, Greenland exported $845 to Costa Rica. There were not main exports from Greenland to Costa Rica in 2013. During the last 5 years the exports of Greenland to Costa Rica have decreased at an annualized rate of 28.9%, from $4.65k in 2018 to $845 in 2013.

Exports from Costa Rica () to Greenland () (2021)

Exports from Greenland () to Costa Rica () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

Greenland
Top DestinationDenmark$731M

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

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

In 2022, countries that imported more from Greenland than Costa Rica included Denmark ($731M), Iceland ($18.9M), and Ukraine ($8.62M).

Difference in imports from Greenland () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Greenland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Costa Rica had a large net trade with Greenland in the exports of .

During 2013, Greenland had a large net trade with Costa Rica in the exports of .

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Costa Rica and Greenland. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Greenland. Similarly, a dot/product with the flag of Greenland indicates it has a comparative advantage over Costa Rica.

About

Historical Data

Bilateral Trade by Products

Exports from Costa Rica () to Greenland () (2021)

Exports from Greenland () to Costa Rica () (2021)

Market Competitiveness

Difference in imports from Greenland () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Greenland

Economic Complexity

Competitive Landscape

Product Space of Costa Rica () and Greenland () (2021)

Keep Exploring