2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 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
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186

About

Costa Rica-Bermuda Trade: In 2022, Costa Rica exported $613k to Bermuda. The main products that Costa Rica exported to Bermuda were Plastic Pipes ($264k), Vaccines, blood, antisera, toxins and cultures ($141k), and Packaged Medicaments ($76.6k). Over the past 5 years the exports of Costa Rica to Bermuda have decreased at an annualized rate of 2.85%, from $709k in 2017 to $613k in 2022.

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

Bermuda-Costa Rica Trade: In 2022, Bermuda exported $478 to Costa Rica. The main products that Bermuda exported to Costa Rica were Seats ($390), Other Electrical Machinery ($45), and Integrated Circuits ($43). Over the past 5 years the exports of Bermuda to Costa Rica have decreased at an annualized rate of 41.1%,  from $6.72k in 2017 to $478 in 2022.

In 2022, Bermuda 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, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $613k to Bermuda. The main products exported from Costa Rica to Bermuda were Plastic Pipes ($264k), Vaccines, blood, antisera, toxins and cultures ($141k), and Packaged Medicaments ($76.6k). During the last 5 years the exports of Costa Rica to Bermuda have decreased at an annualized rate of 2.85%, from $709k in 2017 to $613k in 2022.

In 2017, Bermuda exported $478 to Costa Rica. The main products exported from Bermuda to Costa Rica were Seats ($390), Other Electrical Machinery ($45), and Integrated Circuits ($43). During the last 5 years the exports of Bermuda to Costa Rica have decreased at an annualized rate of 41.1%, from $6.72k in 2022 to $478 in 2017.

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

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

Latest Data

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

Costa Rica Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Bermuda
Top Destination
Zambia$17.5M

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

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

In 2022, countries that imported more from Bermuda than Costa Rica included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

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

Comparative Advantage Costa Rica - Bermuda

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Bermuda in the exports of Plastics and Rubbers ($265k), Chemical Products ($217k), and Paper Goods ($47k).

During 2017, Bermuda had a large net trade with Costa Rica in the exports of Miscellaneous ($390) and Machines ($88).

Economic Complexity

Competitive Landscape

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

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

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