Angola (AGO) and Costa Rica (CRI) Trade | The Observatory of Economic Complexity

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Angola-Costa Rica Trade: In 2022, Angola exported $1.11k to Costa Rica. The main products that Angola exported to Costa Rica were Fork-Lifts ($1.11k). Over the past 5 years the exports of Angola to Costa Rica have decreased at an annualized rate of 10.7%, from $1.95k in 2017 to $1.11k in 2022.

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

Costa Rica-Angola Trade: In 2022, Costa Rica exported $49.5k to Angola. The main products that Costa Rica exported to Angola were Computers ($20.6k), Office Machine Parts ($18.9k), and Other Plastic Products ($3.85k). Over the past 5 years the exports of Costa Rica to Angola have decreased at an annualized rate of 13.3%, from $101k in 2017 to $49.5k in 2022.

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

Comparison: In 2022, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). 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, Angola exported $1.11k to Costa Rica. The main products exported from Angola to Costa Rica were Fork-Lifts ($1.11k). During the last 5 years the exports of Angola to Costa Rica have decreased at an annualized rate of 10.7%, from $1.95k in 2017 to $1.11k in 2022.

In 2017, Costa Rica exported $49.5k to Angola. The main products exported from Costa Rica to Angola were Computers ($20.6k), Office Machine Parts ($18.9k), and Other Plastic Products ($3.85k). During the last 5 years the exports of Costa Rica to Angola have decreased at an annualized rate of 13.3%, from $101k in 2022 to $49.5k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$21.8B

Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Angola than Costa Rica included China ($21.8B), India ($4.81B), and France ($3.8B).

In 2022, countries that imported more from Costa Rica than Angola included United States ($6.83B), Guatemala ($821M), and Nicaragua ($593M).

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

Comparative Advantage Angola - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Angola had a large net trade with Costa Rica in the exports of Machines ($1.11k).

During 2017, Costa Rica had a large net trade with Angola in the exports of Machines ($39.8k), Plastics and Rubbers ($3.85k), and Metals ($3.44k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Costa Rica+$4.14kRefined Petroleum

Top Product Potential Costa Rica Angola+$3.47kMedical 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 Angola and Costa Rica. This means that a dot/product with the flag of Angola 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 Angola.

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Angola - Costa Rica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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