2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC 
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186

About

Costa Rica-Jamaica In 2022, Costa Rica exported $83.9M to Jamaica. The main products that Costa Rica exported to Jamaica are Glass Bottles ($15.5M), Other Processed Fruits and Nuts ($9.15M), and Paper Containers ($9.12M). During the last 27 years the exports of Costa Rica to Jamaica have increased at an annualized rate of 8.6%, from $9.04M in 1995 to $83.9M in 2022.

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

Jamaica-Costa Rica In 2022, Jamaica exported $17.1M to Costa Rica. The main products that Jamaica exported to Costa Rica were Refined Petroleum ($15M), Industrial Fatty Acids, Oils and Alcohols ($506k), and Electrical Parts ($427k). During the last 27 years the exports of Jamaica to Costa Rica have increased at an annualized rate of 3.04%, from $7.6M in 1995 to $17.1M in 2022.

In 2022, Jamaica 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, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $83.9M to Jamaica. The main products exported from Costa Rica to Jamaica were Glass Bottles ($15.5M), Other Processed Fruits and Nuts ($9.15M), and Paper Containers ($9.12M). During the last 27 years the exports of Costa Rica to Jamaica have increased at an annualized rate of 8.6%, from $9.04M in 1995 to $83.9M in 2022.

In 2022, Jamaica exported $17.1M to Costa Rica. The main products exported from Jamaica to Costa Rica were Refined Petroleum ($15M), Industrial Fatty Acids, Oils and Alcohols ($506k), and Electrical Parts ($427k). During the last 27 years the exports of Jamaica to Costa Rica have increased at an annualized rate of 3.04%, from $7.6M in 1995 to $17.1M in 2022.

Exports from Costa Rica (Flag) to Jamaica (Flag) (2022)

Exports from Jamaica (Flag) to Costa Rica (Flag) (2022)

Latest Data

Trade between Costa Rica (Flag) and Jamaica (Flag)

Costa Rica Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Jamaica
Top Destination
United States$1.11B

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

In 2021, countries that imported more from Costa Rica than Jamaica were United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

In 2021, countries that imported more from Jamaica than Costa Rica were Russia ($99.7M), Iceland ($39.5M), and Latvia ($33.3M).

Difference in imports from Jamaica (Flag) and Costa Rica (Flag) (2022)

Comparative Advantage Costa Rica - Jamaica

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Jamaica in the exports of Foodstuffs ($27.5M), Stone And Glass ($16.6M), and Paper Goods ($9.93M).

During 2022, Jamaica had a large net trade with Costa Rica in the exports of Mineral Products ($15M), Stone And Glass ($658k), and Chemical Products ($522k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Costa Rica has comparative advantage over Jamaica. Similarly, the more yellow a dot/product is, the more Jamaica has comparative advantage over Costa Rica.

Product Space of Costa Rica (Flag) and Jamaica (Flag) (2022)

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