2022
Flag
 GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

British Virgin Islands-Costa Rica Trade: In 2022, British Virgin Islands exported $287k to Costa Rica. The main products that British Virgin Islands exported to Costa Rica were Packaged Medicaments ($106k), Photographic Chemicals ($75k), and Uncoated Paper ($67.1k). Over the past 5 years the exports of British Virgin Islands to Costa Rica have decreased at an annualized rate of 15.7%, from $677k in 2017 to $287k in 2022.

In 2022, British Virgin Islands did not export any services to Costa Rica.

Costa Rica-British Virgin Islands Trade: In 2022, Costa Rica exported $107k to British Virgin Islands. The main products that Costa Rica exported to British Virgin Islands were Other Processed Fruits and Nuts ($74.9k), Fork-Lifts ($28.4k), and Electrical Control Boards ($3.37k). Over the past 5 years the exports of Costa Rica to British Virgin Islands have increased at an annualized rate of 65.5%,  from $8.6k in 2017 to $107k in 2022.

In 2022, Costa Rica did not export any services to British Virgin Islands.

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M), 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
Value

In 2022, British Virgin Islands exported $287k to Costa Rica. The main products exported from British Virgin Islands to Costa Rica were Packaged Medicaments ($106k), Photographic Chemicals ($75k), and Uncoated Paper ($67.1k). During the last 5 years the exports of British Virgin Islands to Costa Rica have decreased at an annualized rate of 15.7%, from $677k in 2017 to $287k in 2022.

In 2017, Costa Rica exported $107k to British Virgin Islands. The main products exported from Costa Rica to British Virgin Islands were Other Processed Fruits and Nuts ($74.9k), Fork-Lifts ($28.4k), and Electrical Control Boards ($3.37k). During the last 5 years the exports of Costa Rica to British Virgin Islands have increased at an annualized rate of 65.5%, from $8.6k in 2022 to $107k in 2017.

Exports from British Virgin Islands (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to British Virgin Islands (Flag) (2022)

Latest Data

Trade between British Virgin Islands (Flag) and Costa Rica (Flag)

Costa Rica Exports

Date

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Costa Rica
Top Destination
United States$6.83B

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

In 2022, countries that imported more from British Virgin Islands than Costa Rica included Malta ($85.8M), Zimbabwe ($5.02M), and Cyprus ($3.02M).

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

Difference in imports from Costa Rica (Flag) and British Virgin Islands (Flag) (2022)

Comparative Advantage British Virgin Islands - Costa Rica

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Costa Rica in the exports of Chemical Products ($181k), Paper Goods ($67.1k), and Machines ($37.4k).

During 2017, Costa Rica had a large net trade with British Virgin Islands in the exports of Foodstuffs ($74.9k) and Machines ($31.7k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Costa Rica (Flag) (2022)

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