2022
Flag
 GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
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GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
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GDP PC
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
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GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

Curaçao-Costa Rica In 2022, Curaçao exported $40.8M to Costa Rica. The main products that Curaçao exported to Costa Rica are Refined Petroleum ($40.8M), Metalworking Machine Parts ($19.8k), and Hard Liquor ($17.3k). During the last 11 years the exports of Curaçao to Costa Rica have decreased at an annualized rate of 4.85%, from $70.6M in 2011 to $40.8M in 2022.

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

Costa Rica-Curaçao In 2022, Costa Rica exported $5.91M to Curaçao. The main products that Costa Rica exported to Curaçao were Other Edible Preparations ($3.03M), Rolled Tobacco ($657k), and Aluminium Bars ($188k). During the last 11 years the exports of Costa Rica to Curaçao have decreased at an annualized rate of 16.3%, from $41.6M in 2011 to $5.91M in 2022.

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

Comparison In 2022,  Curaçao ranked 181 in total exports ($255M), and does not have data regarding Economic Complexity Index. That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.31), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Curaçao exported $40.8M to Costa Rica. The main products exported from Curaçao to Costa Rica were Refined Petroleum ($40.8M), Metalworking Machine Parts ($19.8k), and Hard Liquor ($17.3k). During the last 11 years the exports of Curaçao to Costa Rica have decreased at an annualized rate of 4.85%, from $70.6M in 2011 to $40.8M in 2022.

In 2022, Costa Rica exported $5.91M to Curaçao. The main products exported from Costa Rica to Curaçao were Other Edible Preparations ($3.03M), Rolled Tobacco ($657k), and Aluminium Bars ($188k). During the last 11 years the exports of Costa Rica to Curaçao have decreased at an annualized rate of 16.3%, from $41.6M in 2011 to $5.91M in 2022.

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

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

Latest Data

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

Costa Rica Exports

Market Competitiveness

Color
Curaçao
Top Destination
United States$43.3M
Costa Rica
Top Destination
United States$6.83B

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

In 2021, countries that imported more from Curaçao than Costa Rica were Mozambique ($2.07M), Ethiopia ($1.07M), and Grenada ($3.02M).

In 2021, countries that imported more from Costa Rica than Curaçao were United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

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

Comparative Advantage Curaçao - Costa Rica

Flow
Scale

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

During 2022, Curaçao had a large net trade with Costa Rica in the exports of Mineral Products ($40.8M), Foodstuffs ($32.7k), and Chemical Products ($29.5k).

During 2022, Costa Rica had a large net trade with Curaçao in the exports of Foodstuffs ($4.14M), Metals ($428k), and Chemical Products ($389k).

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

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

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