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2023
Flag → Flag
Exports $1.16MRnk 55 / 147
2023
Flag → Flag
Top Product $1.09MSand
2023
Flag → Flag
Exports $26.7MRnk 51 / 172
2023
Flag → Flag
Top Product $9.85MScented Mixtures
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC $20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC$16,942CURRENT US$
Rnk 69 / 196
2013-2023
Flag
GDP PC GROWTH56.8%CURRENT US$
Rnk 34 / 195

About

Guyana-Costa Rica Trade: In 2023, Guyana exported $1.16M to Costa Rica. The main products that Guyana exported to Costa Rica were Sand ($1.09M), Wood Carpentry ($54.6k), and Plastic Lids ($7.92k). Over the past 5 years the exports of Guyana to Costa Rica have decreased at an annualized rate of 16.7%, from $2.88M in 2018 to $1.16M in 2023.

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

Costa Rica-Guyana Trade: In 2023, Costa Rica exported $26.7M to Guyana. The main products that Costa Rica exported to Guyana were Scented Mixtures ($9.85M), Glass Bottles ($3M), and Gravel and Crushed Stone ($2.68M). Over the past 5 years the exports of Costa Rica to Guyana have increased at an annualized rate of 15.2%,  from $13.1M in 2018 to $26.7M in 2023.

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

Comparison In 2023,  Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index. That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $1.16M to Costa Rica. The main products exported from Guyana to Costa Rica were Sand ($1.09M), Wood Carpentry ($54.6k), and Plastic Lids ($7.92k). During the last 5 years the exports of Guyana to Costa Rica have decreased at an annualized rate of 16.7%, from $2.88M in 2018 to $1.16M in 2023.

In 2018, Costa Rica exported $26.7M to Guyana. The main products exported from Costa Rica to Guyana were Scented Mixtures ($9.85M), Glass Bottles ($3M), and Gravel and Crushed Stone ($2.68M). During the last 5 years the exports of Costa Rica to Guyana have increased at an annualized rate of 15.2%, from $13.1M in 2023 to $26.7M in 2018.

Exports from Guyana (Flag) to Costa Rica (Flag) (2023)

Exports from Costa Rica (Flag) to Guyana (Flag) (2023)

Latest Data

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

Guyana Exports

Costa Rica Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Costa Rica
Top DestinationUnited States$9.5B

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

In 2023, countries that imported more from Guyana than Costa Rica included Trinidad and Tobago ($1.9B), Singapore ($1.66B), and Brazil ($1.08B).

In 2023, countries that imported more from Costa Rica than Guyana included United States ($9.5B), Guatemala ($846M), and Belgium ($767M).

Difference in imports from Costa Rica (Flag) and Guyana (Flag) (2023)

Comparative Advantage Guyana - Costa Rica

Flow
Scale

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

During 2023, Guyana had a large net trade with Costa Rica in the exports of Mineral Products ($1.09M), Wood Products ($54.6k), and Plastics and Rubbers ($7.92k).

During 2018, Costa Rica had a large net trade with Guyana in the exports of Chemical Products ($11.1M), Stone And Glass ($3.28M), and Foodstuffs ($2.84M).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and Costa Rica (Flag) (2023)

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