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2023
Flag → Flag
Exports $484kRnk 79 / 123
2023
Flag → Flag
Top Product $352kPotassic Fertilizers
2023
Flag → Flag
Exports $8.37MRnk 18 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag  
GDP$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
 GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC $7,829CURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP PC GROWTH-2.11%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC$16,942CURRENT US$
Rnk 69 / 196
2013-2023
Flag
GDP PC GROWTH56.8%CURRENT US$
Rnk 34 / 195

About

Belarus-Costa Rica Trade: In 2023, Belarus exported $484k to Costa Rica. The main products that Belarus exported to Costa Rica were Potassic Fertilizers ($352k), Refrigerators ($58.3k), and Mixed Mineral or Chemical Fertilizers ($53.7k). Over the past 5 years the exports of Belarus to Costa Rica have decreased at an annualized rate of 52.1%, from $19.2M in 2018 to $484k in 2023.

In 2014, Belarus exported services to Costa Rica worth $12.1k, with Royalties and license fees ($12.1k) being the largest in terms of value.

Costa Rica-Belarus Trade: In 2023, Costa Rica exported $8.37M to Belarus. The main products that Costa Rica exported to Belarus were N/A. Over the past 5 years the exports of Costa Rica to Belarus have decreased at an annualized rate of 8.77%,  from $13.2M in 2018 to $8.37M in 2023.

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

Comparison: In 2023,  Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B). 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, Belarus exported $484k to Costa Rica. The main products exported from Belarus to Costa Rica were Potassic Fertilizers ($352k), Refrigerators ($58.3k), and Mixed Mineral or Chemical Fertilizers ($53.7k). During the last 5 years the exports of Belarus to Costa Rica have decreased at an annualized rate of 52.1%, from $19.2M in 2018 to $484k in 2023.

In 2016, Costa Rica exported $8.37M to Belarus. There were not main exports from Costa Rica to Belarus in 2016. During the last 5 years the exports of Costa Rica to Belarus have decreased at an annualized rate of 8.77%, from $13.2M in 2021 to $8.37M in 2016.

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

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

Latest Data

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

Belarus Exports

Costa Rica Exports

Date

Market Competitiveness

Color
Belarus
Top DestinationChina$2.6B
Costa Rica
Top DestinationUnited States$9.5B

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

In 2023, countries that imported more from Belarus than Costa Rica included China ($2.6B), Kazakhstan ($757M), and Uzbekistan ($509M).

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

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

Comparative Advantage Belarus - Costa Rica

Flow
Scale

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

During 2023, Belarus had a large net trade with Costa Rica in the exports of Chemical Products ($406k), Machines ($58.4k), and Plastics and Rubbers ($18.5k).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Costa Rica+$967kPotassic Fertilizers
Top Product Potential Costa Rica Belarus+$3.38kMedical Instruments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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