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2022
Flag → Flag
Exports $50.9kRnk 59 / 0
2022
Flag → Flag
Exports $1.8kRnk 71 / 92
2022
Flag → Flag
Top Product $1.49kOther Animals
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$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 23 / 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$30,349CURRENT US$
Rnk 46 / 196
2013-2023
Flag
GDP PC GROWTH35.4%CURRENT US$
Rnk 69 / 195

About

Costa Rica-Turks and Caicos Islands Trade: In 2022, Costa Rica exported $50.9k to Turks and Caicos Islands. The main products that Costa Rica exported to Turks and Caicos Islands were N/A. Over the past 8 years the exports of Costa Rica to Turks and Caicos Islands have increased at an annualized rate of 5.89%, from $32.2k in 2014 to $50.9k in 2022.

In 2022, Costa Rica did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Costa Rica Trade: In 2022, Turks and Caicos Islands exported $1.8k to Costa Rica. The main products that Turks and Caicos Islands exported to Costa Rica were Other Animals ($1.49k), Iron Springs ($232), and Industrial Printers ($84). Over the past 8 years the exports of Turks and Caicos Islands to Costa Rica have increased at an annualized rate of 9.57%,  from $1.04k in 2014 to $1.8k in 2022.

In 2022, Turks and Caicos 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, Turks and Caicos Islands ranked 210 in total exports ($21.9M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $50.9k to Turks and Caicos Islands. There were not main exports from Costa Rica to Turks and Caicos Islands in 2022. During the last 8 years the exports of Costa Rica to Turks and Caicos Islands have increased at an annualized rate of 5.89%, from $32.2k in 2014 to $50.9k in 2022.

In 2018, Turks and Caicos Islands exported $1.8k to Costa Rica. The main products exported from Turks and Caicos Islands to Costa Rica were Other Animals ($1.49k), Iron Springs ($232), and Industrial Printers ($84). During the last 5 years the exports of Turks and Caicos Islands to Costa Rica have increased at an annualized rate of 9.57%, from $1.04k in 2023 to $1.8k in 2018.

Exports from Costa Rica (Flag) to Turks and Caicos Islands (Flag) (2023)

Exports from Turks and Caicos Islands (Flag) to Costa Rica (Flag) (2023)

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$9.5B
Turks and Caicos Islands
Top DestinationGabon$5.91M

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

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

In 2023, countries that imported more from Turks and Caicos Islands than Costa Rica included Gabon ($5.91M), Zimbabwe ($3.79M), and Mozambique ($636k).

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

Comparative Advantage Costa Rica - Turks and Caicos Islands

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Turks and Caicos Islands in the exports of .

During 2018, Turks and Caicos Islands had a large net trade with Costa Rica in the exports of Animal Products ($1.49k), Metals ($232), and Machines ($84).

Economic Complexity

Competitive Landscape

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

Product Space of Costa Rica (Flag) and Turks and Caicos Islands (Flag) (2023)

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