Costa Rica (CRI) and Norfolk Island (NFK) Trade | The Observatory of Economic Complexity

About

In N/A, Costa Rica did not export any services to Norfolk Island.

Norfolk Island-Costa Rica Trade: In N/A, Norfolk Island exported $786 to Costa Rica. The main products that Norfolk Island exported to Costa Rica were Milling Stones ($786). Over the past N/A years the exports of Norfolk Island to Costa Rica have decreased at an annualized rate of 15.1%, from $1.78k in N/A to $786 in N/A.

In N/A, Norfolk Island 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, Norfolk Island ranked 225 in total exports ($1.96M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Costa Rica does not register exports to Norfolk Island.

In 2017, Norfolk Island exported $786 to Costa Rica. The main products exported from Norfolk Island to Costa Rica were Milling Stones ($786). During the last 5 years the exports of Norfolk Island to Costa Rica have decreased at an annualized rate of 15.1%, from $1.78k in 2022 to $786 in 2017.

Exports from Costa Rica () to Norfolk Island () (2022)

Exports from Norfolk Island () to Costa Rica () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

Norfolk Island
Top DestinationIndia$316k

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

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

In 2022, countries that imported more from Norfolk Island than Costa Rica included Benin ($65.6k), Madagascar ($17.7k), and Burundi ($6.65k).

Difference in imports from Norfolk Island () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Norfolk Island

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Norfolk Island had a large net trade with Costa Rica in the exports of Stone And Glass ($786).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Costa Rica () to Norfolk Island () (2022)

Exports from Norfolk Island () to Costa Rica () (2022)

Market Competitiveness

Difference in imports from Norfolk Island () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Norfolk Island

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Costa Rica () and Norfolk Island () (2022)

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