Guyana (GUY) and Costa Rica (CRI) Trade | The Observatory of Economic Complexity

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Guyana-Costa Rica Trade: In 2022, Guyana exported $651k to Costa Rica. The main products that Guyana exported to Costa Rica were Sand ($519k), Wood Carpentry ($96.6k), and Ethylene Polymers ($24.6k). Over the past 5 years the exports of Guyana to Costa Rica have increased at an annualized rate of 23.6%, from $225k in 2017 to $651k in 2022.

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

Costa Rica-Guyana Trade: In 2022, Costa Rica exported $24M to Guyana. The main products that Costa Rica exported to Guyana were Other Edible Preparations ($7.61M), Scented Mixtures ($5.49M), and Glass Bottles ($3.7M). Over the past 5 years the exports of Costa Rica to Guyana have increased at an annualized rate of 11%, from $14.3M in 2017 to $24M in 2022.

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

Comparison In 2022, Guyana ranked 80 in total exports ($18.5B), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $651k to Costa Rica. The main products exported from Guyana to Costa Rica were Sand ($519k), Wood Carpentry ($96.6k), and Ethylene Polymers ($24.6k). During the last 5 years the exports of Guyana to Costa Rica have increased at an annualized rate of 23.6%, from $225k in 2017 to $651k in 2022.

In 2017, Costa Rica exported $24M to Guyana. The main products exported from Costa Rica to Guyana were Other Edible Preparations ($7.61M), Scented Mixtures ($5.49M), and Glass Bottles ($3.7M). During the last 5 years the exports of Costa Rica to Guyana have increased at an annualized rate of 11%, from $14.3M in 2022 to $24M in 2017.

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

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

Latest Data

Trade between Guyana () and Costa Rica ()

Guyana Exports

Date

Costa Rica Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Guyana than Costa Rica included Panama ($5.84B), Netherlands ($2.86B), and United Arab Emirates ($1.18B).

In 2022, countries that imported more from Costa Rica than Guyana included United States ($6.83B), Guatemala ($821M), and Belgium ($775M).

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

Comparative Advantage Guyana - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Costa Rica in the exports of Mineral Products ($519k), Wood Products ($96.6k), and Plastics and Rubbers ($32.6k).

During 2017, Costa Rica had a large net trade with Guyana in the exports of Foodstuffs ($9.31M), Chemical Products ($6.16M), and Stone And Glass ($3.98M).

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 Guyana and Costa Rica. This means that a dot/product with the flag of Guyana 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 Guyana.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Guyana () and Costa Rica ()

Guyana Exports

Costa Rica Exports

Market Competitiveness

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

Comparative Advantage Guyana - Costa Rica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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