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2023
Flag → Flag
Exports $912kRnk 114 / 172
2023
Flag → Flag
Top Product $294kVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $18.9kRnk 43 / 78
2023
Flag → Flag
Top Product $4.36kBuilding Stone
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag  
GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
 GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC $16,942CURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP PC GROWTH56.8%CURRENT US$
Rnk 34 / 195
2023
Flag
GDP PC$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195

About

Costa Rica-Cayman Islands Trade: In 2023, Costa Rica exported $912k to Cayman Islands. The main products that Costa Rica exported to Cayman Islands were Vaccines, blood, antisera, toxins and cultures ($294k), Other Steel Bars ($240k), and Plastic Pipes ($210k). Over the past 5 years the exports of Costa Rica to Cayman Islands have increased at an annualized rate of 18.2%, from $396k in 2018 to $912k in 2023.

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

Cayman Islands-Costa Rica Trade: In 2023, Cayman Islands exported $18.9k to Costa Rica. The main products that Cayman Islands exported to Costa Rica were Building Stone ($4.36k), Light Fixtures ($2.53k), and Air Pumps ($2.1k). Over the past 5 years the exports of Cayman Islands to Costa Rica have decreased at an annualized rate of 46%,  from $412k in 2018 to $18.9k in 2023.

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

Comparison In 2023,  Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34),  and 73 in total exports ($23.7B). That same year, Cayman Islands ranked 165 in total exports ($818M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Costa Rica exported $912k to Cayman Islands. The main products exported from Costa Rica to Cayman Islands were Vaccines, blood, antisera, toxins and cultures ($294k), Other Steel Bars ($240k), and Plastic Pipes ($210k). During the last 5 years the exports of Costa Rica to Cayman Islands have increased at an annualized rate of 18.2%, from $396k in 2018 to $912k in 2023.

In 2018, Cayman Islands exported $18.9k to Costa Rica. The main products exported from Cayman Islands to Costa Rica were Building Stone ($4.36k), Light Fixtures ($2.53k), and Air Pumps ($2.1k). During the last 5 years the exports of Cayman Islands to Costa Rica have decreased at an annualized rate of 46%, from $412k in 2023 to $18.9k in 2018.

Exports from Costa Rica (Flag) to Cayman Islands (Flag) (2023)

Exports from Cayman Islands (Flag) to Costa Rica (Flag) (2023)

Latest Data

Trade between Costa Rica (Flag) and Cayman Islands (Flag)

Costa Rica Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$9.5B
Cayman Islands
Top DestinationUnited Kingdom$326M

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

In 2023, countries that imported more from Costa Rica than Cayman Islands included United States ($9.5B), Netherlands ($1.52B), and China ($1.17B).

In 2023, countries that imported more from Cayman Islands than Costa Rica included Cyprus ($172M), Grenada ($67.2M), and Malta ($38.9M).

Difference in imports from Cayman Islands (Flag) and Costa Rica (Flag) (2023)

Comparative Advantage Costa Rica - Cayman Islands

Flow
Scale

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

During 2023, Costa Rica had a large net trade with Cayman Islands in the exports of Metals ($303k), Chemical Products ($303k), and Plastics and Rubbers ($222k).

During 2018, Cayman Islands had a large net trade with Costa Rica in the exports of Machines ($6.04k), Stone And Glass ($5.47k), and Plastics and Rubbers ($2.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Costa Rica (Flag) and Cayman Islands (Flag) (2023)

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