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

Norfolk Island-Costa Rica Trade: In 2023, Norfolk Island exported $192 to Costa Rica. The main products that Norfolk Island exported to Costa Rica were Centrifuges ($192). Over the past 6 years the exports of Norfolk Island to Costa Rica have decreased at an annualized rate of 31%, from $1.78k in 2017 to $192 in 2023.

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

Comparison In 2023,  Norfolk Island ranked 223 in total exports ($2.11M), 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, Norfolk Island exported $192 to Costa Rica. The main products exported from Norfolk Island to Costa Rica were Centrifuges ($192). During the last 6 years the exports of Norfolk Island to Costa Rica have decreased at an annualized rate of 31%, from $1.78k in 2017 to $192 in 2023.

Costa Rica does not register exports to Norfolk Island.

Exports from Norfolk Island (Flag) to Costa Rica (Flag) (2023)

Exports from Costa Rica (Flag) to Norfolk Island (Flag) (2023)

Market Competitiveness

Color
Norfolk Island
Top Destination
United States$655k
Costa Rica
Top Destination
United States$9.5B

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 2023, countries that imported more from Norfolk Island than Costa Rica included Benin ($26.6k) and Gambia ($5.19k).

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

Difference in imports from Costa Rica (Flag) and Norfolk Island (Flag) (2023)

Comparative Advantage Norfolk Island - Costa Rica

Flow
Scale

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

During 2023, Norfolk Island had a large net trade with Costa Rica in the exports of Machines ($192).

Economic Complexity

Competitive Landscape

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.

Product Space of Norfolk Island (Flag) and Costa Rica (Flag) (2023)

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