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

Greenland-Costa Rica Trade: In 2018, Greenland exported $892 to Costa Rica. The main products that Greenland exported to Costa Rica were N/A. Over the past 5 years the exports of Greenland to Costa Rica have decreased at an annualized rate of 28.4%, from $4.76k in 2013 to $892 in 2018.

In 2018, Greenland did not export any services to Costa Rica.

Costa Rica-Greenland Trade: In 2018, Costa Rica exported $236k to Greenland. The main products that Costa Rica exported to Greenland were N/A. Over the past 5 years the exports of Costa Rica to Greenland have increased at an annualized rate of 31.5%,  from $59.9k in 2013 to $236k in 2018.

In 2018, Costa Rica did not export any services to Greenland.

Comparison In 2023,  Greenland ranked 150 in total exports ($1.66B), 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 2018, Greenland exported $892 to Costa Rica. There were not main exports from Greenland to Costa Rica in 2018. During the last 5 years the exports of Greenland to Costa Rica have decreased at an annualized rate of 28.4%, from $4.76k in 2013 to $892 in 2018.

In 2016, Costa Rica exported $236k to Greenland. There were not main exports from Costa Rica to Greenland in 2016. During the last 5 years the exports of Costa Rica to Greenland have increased at an annualized rate of 31.5%, from $59.9k in 2021 to $236k in 2016.

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

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

Market Competitiveness

Color
Greenland
Top Destination
Denmark$830M
Costa Rica
Top Destination
United States$9.5B

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

In 2023, countries that imported more from Greenland than Costa Rica included Denmark ($830M), Iceland ($38.3M), and Morocco ($12.9M).

In 2023, countries that imported more from Costa Rica than Greenland included United States ($9.5B), Netherlands ($1.52B), and Guatemala ($846M).

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

Comparative Advantage Greenland - Costa Rica

Flow
Scale

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

During 2018, Greenland had a large net trade with Costa Rica in the exports of .

During 2016, Costa Rica had a large net trade with Greenland in the exports of .

Economic Complexity

Competitive Landscape

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

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

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