2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC 
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186

About

Costa Rica-Bahamas Trade: In 2022, Costa Rica exported $18.1M to Bahamas. The main products that Costa Rica exported to Bahamas were Other Edible Preparations ($7.88M), Glass Bottles ($3.16M), and Unpackaged Medicaments ($2.72M). Over the past 5 years the exports of Costa Rica to Bahamas have increased at an annualized rate of 7.13%, from $12.8M in 2017 to $18.1M in 2022.

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

Bahamas-Costa Rica Trade: In 2022, Bahamas exported $4.55k to Costa Rica. The main products that Bahamas exported to Costa Rica were Other Plastic Products ($3.84k), Brochures ($264), and Glands and Other Organs ($200). Over the past 5 years the exports of Bahamas to Costa Rica have decreased at an annualized rate of 61.2%,  from $518k in 2017 to $4.55k in 2022.

In 2022, Bahamas 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, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $18.1M to Bahamas. The main products exported from Costa Rica to Bahamas were Other Edible Preparations ($7.88M), Glass Bottles ($3.16M), and Unpackaged Medicaments ($2.72M). During the last 5 years the exports of Costa Rica to Bahamas have increased at an annualized rate of 7.13%, from $12.8M in 2017 to $18.1M in 2022.

In 2017, Bahamas exported $4.55k to Costa Rica. The main products exported from Bahamas to Costa Rica were Other Plastic Products ($3.84k), Brochures ($264), and Glands and Other Organs ($200). During the last 5 years the exports of Bahamas to Costa Rica have decreased at an annualized rate of 61.2%, from $518k in 2022 to $4.55k in 2017.

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

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

Latest Data

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

Costa Rica Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Bahamas
Top Destination
United States$1.4B

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

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

In 2022, countries that imported more from Bahamas than Costa Rica included Cote d'Ivoire ($576M), Thailand ($185M), and Poland ($114M).

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

Comparative Advantage Costa Rica - Bahamas

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Bahamas in the exports of Foodstuffs ($10.7M), Chemical Products ($3.55M), and Stone And Glass ($3.18M).

During 2017, Bahamas had a large net trade with Costa Rica in the exports of Plastics and Rubbers ($3.84k), Paper Goods ($264), and Chemical Products ($200).

Economic Complexity

Competitive Landscape

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

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

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