2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$1.26BCURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP GROWTH
57.1%CURRENT US$
Rnk 43 / 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
$10,016CURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP PC GROWTH
45.1%CURRENT US$
Rnk 41 / 186

About

Costa Rica-Grenada Trade: In 2022, Costa Rica exported $2.33M to Grenada. The main products that Costa Rica exported to Grenada were Other Edible Preparations ($1.7M), Metal Stoppers ($200k), and Other Processed Fruits and Nuts ($129k). Over the past 5 years the exports of Costa Rica to Grenada have increased at an annualized rate of 6.05%, from $1.73M in 2017 to $2.33M in 2022.

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

Grenada-Costa Rica Trade: In 2022, Grenada exported $6.47k to Costa Rica. The main products that Grenada exported to Costa Rica were Opto-Electric Instrument Parts ($3.91k), Packaged Medicaments ($1.26k), and Bitumen and asphalt ($737). Over the past 5 years the exports of Grenada to Costa Rica have increased at an annualized rate of 8.71%,  from $4.26k in 2017 to $6.47k in 2022.

In 2022, Grenada 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, Grenada ranked 206 in total exports ($31.9M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $2.33M to Grenada. The main products exported from Costa Rica to Grenada were Other Edible Preparations ($1.7M), Metal Stoppers ($200k), and Other Processed Fruits and Nuts ($129k). During the last 5 years the exports of Costa Rica to Grenada have increased at an annualized rate of 6.05%, from $1.73M in 2017 to $2.33M in 2022.

In 2017, Grenada exported $6.47k to Costa Rica. The main products exported from Grenada to Costa Rica were Opto-Electric Instrument Parts ($3.91k), Packaged Medicaments ($1.26k), and Bitumen and asphalt ($737). During the last 5 years the exports of Grenada to Costa Rica have increased at an annualized rate of 8.71%, from $4.26k in 2022 to $6.47k in 2017.

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

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

Latest Data

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

Costa Rica Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Grenada
Top Destination
United States$10.5M

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

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

In 2022, countries that imported more from Grenada than Costa Rica included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Eswatini ($223k).

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

Comparative Advantage Costa Rica - Grenada

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Grenada in the exports of Foodstuffs ($1.83M), Metals ($328k), and Miscellaneous ($65.4k).

During 2017, Grenada had a large net trade with Costa Rica in the exports of Instruments ($3.91k), Mineral Products ($1.31k), and Chemical Products ($1.26k).

Economic Complexity

Competitive Landscape

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

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

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