2023
Flag  
GDP
$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH
69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
 GDP
$78.9BCURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP GROWTH
84.5%CURRENT US$
Rnk 28 / 195
2023
Flag
GDP PC 
$16,942CURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP PC GROWTH
56.8%CURRENT US$
Rnk 34 / 195
2023
Flag
GDP PC
$2,531CURRENT US$
Rnk 147 / 196
2013-2023
Flag
GDP PC GROWTH
41.7%CURRENT US$
Rnk 59 / 195

About

Costa Rica-Cote d'Ivoire Trade: In 2023, Costa Rica exported $558k to Cote d'Ivoire. The main products that Costa Rica exported to Cote d'Ivoire were Pesticides ($320k), Magnesium ($43.9k), and Drafting Tools ($41.3k). Over the past 5 years the exports of Costa Rica to Cote d'Ivoire have increased at an annualized rate of 23.1%, from $198k in 2018 to $558k in 2023.

In 2023, Costa Rica did not export any services to Cote d'Ivoire.

Cote d'Ivoire-Costa Rica Trade: In 2023, Cote d'Ivoire exported $135k to Costa Rica. The main products that Cote d'Ivoire exported to Costa Rica were Acrylic Polymers ($128k), Insulated Wire ($4.03k), and Electrical Transformers ($3.56k). Over the past 5 years the exports of Cote d'Ivoire to Costa Rica have increased at an annualized rate of 96.5%,  from $4.62k in 2018 to $135k in 2023.

In 2023, Cote d'Ivoire did not export any services to Costa Rica.

Comparison: In 2023,  Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B). That same year, Cote d'Ivoire ranked 114 in the Economic Complexity Index (ECI -1.08), and 76 in total exports ($22.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Costa Rica exported $558k to Cote d'Ivoire. The main products exported from Costa Rica to Cote d'Ivoire were Pesticides ($320k), Magnesium ($43.9k), and Drafting Tools ($41.3k). During the last 5 years the exports of Costa Rica to Cote d'Ivoire have increased at an annualized rate of 23.1%, from $198k in 2018 to $558k in 2023.

In 2018, Cote d'Ivoire exported $135k to Costa Rica. The main products exported from Cote d'Ivoire to Costa Rica were Acrylic Polymers ($128k), Insulated Wire ($4.03k), and Electrical Transformers ($3.56k). During the last 5 years the exports of Cote d'Ivoire to Costa Rica have increased at an annualized rate of 96.5%, from $4.62k in 2023 to $135k in 2018.

Exports from Costa Rica (Flag) to Cote d'Ivoire (Flag) (2023)

Exports from Cote d'Ivoire (Flag) to Costa Rica (Flag) (2023)

Latest Data

Trade between Costa Rica (Flag) and Cote d'Ivoire (Flag)

Costa Rica Exports

Date

Cote d'Ivoire Exports

Date

Market Competitiveness

Color
Costa Rica
Top Destination
United States$9.5B
Cote d'Ivoire
Top Destination
Switzerland$3.88B

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

In 2023, countries that imported more from Costa Rica than Cote d'Ivoire included United States ($9.5B), Guatemala ($846M), and Nicaragua ($661M).

In 2023, countries that imported more from Cote d'Ivoire than Costa Rica included Switzerland ($3.88B), Mali ($1.59B), and Vietnam ($912M).

Difference in imports from Cote d'Ivoire (Flag) and Costa Rica (Flag) (2023)

Comparative Advantage Costa Rica - Cote d'Ivoire

Flow
Scale

This chart compares trade between Costa Rica and Cote d'Ivoire by product, considering products traded by both, Costa Rica and Cote d'Ivoire.

During 2023, Costa Rica had a large net trade with Cote d'Ivoire in the exports of Chemical Products ($390k), Metals ($48.2k), and Instruments ($43.8k).

During 2018, Cote d'Ivoire had a large net trade with Costa Rica in the exports of Plastics and Rubbers ($128k) and Machines ($7.59k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Cote d'Ivoire+$334kPesticides
Top Product Potential Cote d'Ivoire Costa Rica+$13.3kInsulated Wire

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

This visualization shows the product space at the HS4 level with the flags of Costa Rica and Cote d'Ivoire. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Cote d'Ivoire. Similarly, a dot/product with the flag of Cote d'Ivoire indicates it has a comparative advantage over Costa Rica.

Product Space of Costa Rica (Flag) and Cote d'Ivoire (Flag) (2023)

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