2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP GROWTH
47%CURRENT US$
Rnk 70 / 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
$1,588CURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP PC GROWTH
10.8%CURRENT US$
Rnk 113 / 186

About

Costa Rica-Cameroon Trade: In 2022, Costa Rica exported $1.22M to Cameroon. The main products that Costa Rica exported to Cameroon were Pesticides ($1.12M), Plastic Lids ($38.4k), and Cleaning Products ($12.2k). Over the past 5 years the exports of Costa Rica to Cameroon have increased at an annualized rate of 22.2%, from $446k in 2017 to $1.22M in 2022.

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

Cameroon-Costa Rica Trade: In 2022, Cameroon exported $2.01k to Costa Rica. The main products that Cameroon exported to Costa Rica were Trunks and Cases ($1.52k) and Engine Parts ($488). Over the past 5 years the exports of Cameroon to Costa Rica have decreased at an annualized rate of 20.6%,  from $7.99k in 2017 to $2.01k in 2022.

In 2022, Cameroon 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, Cameroon ranked 113 in the Economic Complexity Index (ECI -1.01), and 117 in total exports ($6.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $1.22M to Cameroon. The main products exported from Costa Rica to Cameroon were Pesticides ($1.12M), Plastic Lids ($38.4k), and Cleaning Products ($12.2k). During the last 5 years the exports of Costa Rica to Cameroon have increased at an annualized rate of 22.2%, from $446k in 2017 to $1.22M in 2022.

In 2017, Cameroon exported $2.01k to Costa Rica. The main products exported from Cameroon to Costa Rica were Trunks and Cases ($1.52k) and Engine Parts ($488). During the last 5 years the exports of Cameroon to Costa Rica have decreased at an annualized rate of 20.6%, from $7.99k in 2022 to $2.01k in 2017.

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

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

Latest Data

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

Costa Rica Exports

Date

Cameroon Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Cameroon
Top Destination
Netherlands$1.31B

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

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

In 2022, countries that imported more from Cameroon than Costa Rica included India ($974M), France ($1.02B), and Spain ($683M).

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

Comparative Advantage Costa Rica - Cameroon

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Cameroon in the exports of Chemical Products ($1.13M), Plastics and Rubbers ($57.5k), and Metals ($11k).

During 2017, Cameroon had a large net trade with Costa Rica in the exports of Animal Hides ($1.52k) and Machines ($488).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Cameroon+$263kPesticides
Top Product Potential Cameroon Costa Rica+$3.18kPetroleum Gas

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

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

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