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

About

Norfolk Island-Costa Rica Trade: In 2022, Norfolk Island exported $786 to Costa Rica. The main products that Norfolk Island exported to Costa Rica were Milling Stones ($786). Over the past 10 years the exports of Norfolk Island to Costa Rica have increased at an annualized rate of 29.3%, from $60 in 2012 to $786 in 2022.

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

Costa Rica-Norfolk Island In false, Costa Rica did not export any products to Norfolk Island.

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

Comparison In 2022, Norfolk Island ranked 225 in total exports ($1.96M), and does not have data regarding Economic Complexity Index. That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norfolk Island exported $786 to Costa Rica. The main products exported from Norfolk Island to Costa Rica were Milling Stones ($786). During the last 10 years the exports of Norfolk Island to Costa Rica have increased at an annualized rate of 29.3%, from $60 in 2012 to $786 in 2022.

Costa Rica does not register exports to Norfolk Island.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norfolk Island
Top DestinationIndia$316k

Costa Rica
Top DestinationUnited States$6.83B

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

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

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

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

Comparative Advantage Norfolk Island - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, 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 Norfolk Island and Costa Rica. This means that a dot/product with the flag of Norfolk Island 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 Norfolk Island.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Norfolk Island - Costa Rica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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