Belarus (BLR) and Costa Rica (CRI) Trade | The Observatory of Economic Complexity

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Belarus-Costa Rica Trade: In 2022, Belarus exported $3.31M to Costa Rica. The main products that Belarus exported to Costa Rica were Potassic Fertilizers ($2.66M), Nitrogenous Fertilizers ($577k), and Brochures ($30.2k). Over the past 5 years the exports of Belarus to Costa Rica have decreased at an annualized rate of 8.5%, from $5.15M in 2017 to $3.31M in 2022.

In 2014, Belarus exported services to Costa Rica worth $12.1k, with Royalties and license fees ($12.1k) being the largest in terms of value.

Costa Rica-Belarus Trade: In 2022, Costa Rica exported $7.85M to Belarus. The main products that Costa Rica exported to Belarus were N/A. Over the past 5 years the exports of Costa Rica to Belarus have decreased at an annualized rate of 7.39%, from $12.4M in 2017 to $7.85M in 2022.

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

Comparison: In 2022, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). 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, Belarus exported $3.31M to Costa Rica. The main products exported from Belarus to Costa Rica were Potassic Fertilizers ($2.66M), Nitrogenous Fertilizers ($577k), and Brochures ($30.2k). During the last 5 years the exports of Belarus to Costa Rica have decreased at an annualized rate of 8.5%, from $5.15M in 2017 to $3.31M in 2022.

In 2016, Costa Rica exported $7.85M to Belarus. There were not main exports from Costa Rica to Belarus in 2016. During the last 5 years the exports of Costa Rica to Belarus have decreased at an annualized rate of 7.39%, from $12.4M in 2021 to $7.85M in 2016.

Exports from Belarus () to Costa Rica () (2022)

Exports from Costa Rica () to Belarus () (2022)

Latest Data

Trade between Belarus () and Costa Rica ()

Belarus Exports

Date

Costa Rica Exports

Date

Mar 2020

Feb 2020

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belarus
Top DestinationChina$1.6B

Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Belarus than Costa Rica included Ukraine ($1.29B), China ($1.6B), and Poland ($933M).

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

Difference in imports from Costa Rica () and Belarus () (2022)

Comparative Advantage Belarus - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belarus had a large net trade with Costa Rica in the exports of Chemical Products ($3.24M), Paper Goods ($30.2k), and Machines ($29k).

During 2016, Costa Rica had a large net trade with Belarus in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Belarus Costa Rica+$967kPotassic Fertilizers

Top Product Potential Costa Rica Belarus+$3.38kMedical Instruments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Belarus () to Costa Rica () (2022)

Exports from Costa Rica () to Belarus () (2022)

Latest Data

Trade between Belarus () and Costa Rica ()

Belarus Exports

Costa Rica Exports

Market Competitiveness

Difference in imports from Costa Rica () and Belarus () (2022)

Comparative Advantage Belarus - Costa Rica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Belarus () and Costa Rica () (2022)

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