Costa Rica (CRI) and Turks and Caicos Islands (TCA) Trade | The Observatory of Economic Complexity

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Costa Rica-Turks and Caicos Islands Trade: In 2022, Costa Rica exported $50.9k to Turks and Caicos Islands. The main products that Costa Rica exported to Turks and Caicos Islands were Plastic Pipes ($47.2k) and Asbestos Cement Articles ($3.67k). Over the past 8 years the exports of Costa Rica to Turks and Caicos Islands have increased at an annualized rate of 5.89%, from $32.2k in 2014 to $50.9k in 2022.

In 2022, Costa Rica did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Costa Rica Trade: In 2022, Turks and Caicos Islands exported $352 to Costa Rica. The main products that Turks and Caicos Islands exported to Costa Rica were Trunks and Cases ($315) and Motor vehicles; parts and accessories (8701 to 8705) ($37). Over the past 8 years the exports of Turks and Caicos Islands to Costa Rica have decreased at an annualized rate of 44.5%, from $6.71k in 2014 to $352 in 2022.

In 2022, Turks and Caicos Islands 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, Turks and Caicos Islands ranked 204 in total exports ($41.4M), 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 $50.9k to Turks and Caicos Islands. The main products exported from Costa Rica to Turks and Caicos Islands were Plastic Pipes ($47.2k) and Asbestos Cement Articles ($3.67k). During the last 8 years the exports of Costa Rica to Turks and Caicos Islands have increased at an annualized rate of 5.89%, from $32.2k in 2014 to $50.9k in 2022.

In 2017, Turks and Caicos Islands exported $352 to Costa Rica. The main products exported from Turks and Caicos Islands to Costa Rica were Trunks and Cases ($315) and Motor vehicles; parts and accessories (8701 to 8705) ($37). During the last 5 years the exports of Turks and Caicos Islands to Costa Rica have decreased at an annualized rate of 44.5%, from $6.71k in 2022 to $352 in 2017.

Exports from Costa Rica () to Turks and Caicos Islands () (2022)

Exports from Turks and Caicos Islands () to Costa Rica () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

Turks and Caicos Islands
Top DestinationTogo$25.1M

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

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

In 2022, countries that imported more from Turks and Caicos Islands than Costa Rica included Togo ($25.1M), Zimbabwe ($2.62M), and Democratic Republic of the Congo ($1.12M).

Difference in imports from Turks and Caicos Islands () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Turks and Caicos Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Costa Rica had a large net trade with Turks and Caicos Islands in the exports of Plastics and Rubbers ($47.2k) and Stone And Glass ($3.67k).

During 2017, Turks and Caicos Islands had a large net trade with Costa Rica in the exports of Animal Hides ($315) and Transportation ($37).

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

About

Historical Data

Bilateral Trade by Products

Exports from Costa Rica () to Turks and Caicos Islands () (2022)

Exports from Turks and Caicos Islands () to Costa Rica () (2022)

Market Competitiveness

Difference in imports from Turks and Caicos Islands () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Turks and Caicos Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Costa Rica () and Turks and Caicos Islands () (2022)

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