2023
Flag
 GDP
$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH
69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC
$16,942CURRENT US$
Rnk 69 / 196
2013-2023
Flag
GDP PC GROWTH
56.8%CURRENT US$
Rnk 34 / 195

About

British Indian Ocean Territory-Costa Rica Trade: In 2023, British Indian Ocean Territory exported $34 to Costa Rica. The main products that British Indian Ocean Territory exported to Costa Rica were Low-voltage Protection Equipment ($34). Over the past 5 years the exports of British Indian Ocean Territory to Costa Rica have decreased at an annualized rate of 59.8%, from $3.24k in 2018 to $34 in 2023.

In 2023, British Indian Ocean Territory did not export any services to Costa Rica.

Costa Rica-British Indian Ocean Territory Trade: In 2023, Costa Rica exported $4.05k to British Indian Ocean Territory. The main products that Costa Rica exported to British Indian Ocean Territory were N/A. Over the past 5 years the exports of Costa Rica to British Indian Ocean Territory have increased at an annualized rate of 24.6%,  from $1.35k in 2018 to $4.05k in 2023.

In 2023, Costa Rica did not export any services to British Indian Ocean Territory.

Comparison In 2023,  British Indian Ocean Territory ranked 209 in total exports ($23.5M), 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, British Indian Ocean Territory exported $34 to Costa Rica. The main products exported from British Indian Ocean Territory to Costa Rica were Low-voltage Protection Equipment ($34). During the last 5 years the exports of British Indian Ocean Territory to Costa Rica have decreased at an annualized rate of 59.8%, from $3.24k in 2018 to $34 in 2023.

In 2002, Costa Rica exported $4.05k to British Indian Ocean Territory. There were not main exports from Costa Rica to British Indian Ocean Territory in 2002. During the last 5 years the exports of Costa Rica to British Indian Ocean Territory have increased at an annualized rate of 24.6%, from $1.35k in 2007 to $4.05k in 2002.

Exports from British Indian Ocean Territory (Flag) to Costa Rica (Flag) (2023)

Exports from Costa Rica (Flag) to British Indian Ocean Territory (Flag) (2023)

Market Competitiveness

Color
Costa Rica
Top Destination
United States$9.5B

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

In 2023, countries that imported more from British Indian Ocean Territory than Costa Rica included Zambia ($23.1k).

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

Difference in imports from Costa Rica (Flag) and British Indian Ocean Territory (Flag) (2023)

Comparative Advantage British Indian Ocean Territory - Costa Rica

Flow
Scale

This chart compares trade between British Indian Ocean Territory and Costa Rica by product, considering products traded by both, British Indian Ocean Territory and Costa Rica.

During 2023, British Indian Ocean Territory had a large net trade with Costa Rica in the exports of Machines ($34).

During 2002, Costa Rica had a large net trade with British Indian Ocean Territory in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of British Indian Ocean Territory and Costa Rica. This means that a dot/product with the flag of British Indian Ocean Territory 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 British Indian Ocean Territory.

Product Space of British Indian Ocean Territory (Flag) and Costa Rica (Flag) (2023)

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