Costa Rica (CRI) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

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Costa Rica-Bermuda Trade: In 2022, Costa Rica exported $613k to Bermuda. The main products that Costa Rica exported to Bermuda were Plastic Pipes ($264k), Vaccines, blood, antisera, toxins and cultures ($141k), and Packaged Medicaments ($76.6k). Over the past 5 years the exports of Costa Rica to Bermuda have decreased at an annualized rate of 2.85%, from $709k in 2017 to $613k in 2022.

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

Bermuda-Costa Rica Trade: In 2022, Bermuda exported $478 to Costa Rica. The main products that Bermuda exported to Costa Rica were Seats ($390), Other Electrical Machinery ($45), and Integrated Circuits ($43). Over the past 5 years the exports of Bermuda to Costa Rica have decreased at an annualized rate of 41.1%, from $6.72k in 2017 to $478 in 2022.

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

Comparison In 2022, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B). That same year, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Costa Rica exported $613k to Bermuda. The main products exported from Costa Rica to Bermuda were Plastic Pipes ($264k), Vaccines, blood, antisera, toxins and cultures ($141k), and Packaged Medicaments ($76.6k). During the last 5 years the exports of Costa Rica to Bermuda have decreased at an annualized rate of 2.85%, from $709k in 2017 to $613k in 2022.

In 2017, Bermuda exported $478 to Costa Rica. The main products exported from Bermuda to Costa Rica were Seats ($390), Other Electrical Machinery ($45), and Integrated Circuits ($43). During the last 5 years the exports of Bermuda to Costa Rica have decreased at an annualized rate of 41.1%, from $6.72k in 2022 to $478 in 2017.

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

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

Latest Data

Trade between Costa Rica () and Bermuda ()

Costa Rica Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

Bermuda
Top DestinationZambia$17.5M

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

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

In 2022, countries that imported more from Bermuda than Costa Rica included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

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

Comparative Advantage Costa Rica - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Costa Rica had a large net trade with Bermuda in the exports of Plastics and Rubbers ($265k), Chemical Products ($217k), and Paper Goods ($47k).

During 2017, Bermuda had a large net trade with Costa Rica in the exports of Miscellaneous ($390) and Machines ($88).

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 Costa Rica and Bermuda. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Bermuda. Similarly, a dot/product with the flag of Bermuda indicates it has a comparative advantage over Costa Rica.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Costa Rica () and Bermuda ()

Costa Rica Exports

Market Competitiveness

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

Comparative Advantage Costa Rica - Bermuda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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