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

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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.

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 3.68%, from $1.95k in 2017 to $1.11k in 2022.

In 2022, Angola 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, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $49.5k in 2022.

In 2017, 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 3.68%, from $1.95k in 2022 to $1.11k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

Angola
Top DestinationChina$21.8B

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

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

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

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

Comparative Advantage Costa Rica - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, 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).

During 2017, Angola had a large net trade with Costa Rica in the exports of Machines ($1.11k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Costa Rica Angola+$3.47kMedical Instruments

Top Product Potential Angola Costa Rica+$4.14kRefined Petroleum

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

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Costa Rica - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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