Costa Rica (CRI) and Malawi (MWI) Trade | The Observatory of Economic Complexity

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Costa Rica-Malawi Trade: In 2021, Costa Rica exported $150 to Malawi. The main products that Costa Rica exported to Malawi were N/A. Over the past 5 years the exports of Costa Rica to Malawi have decreased at an annualized rate of 52.9%, from $6.46k in 2016 to $150 in 2021.

In 2021, Costa Rica did not export any services to Malawi.

Malawi-Costa Rica Trade: In 2021, Malawi exported $244k to Costa Rica. The main products that Malawi exported to Costa Rica were Rubber Apparel ($243k), Knit Men's Suits ($853), and Other Printed Material ($129). Over the past 5 years the exports of Malawi to Costa Rica have increased at an annualized rate of 182%, from $1.37k in 2016 to $244k in 2021.

In 2021, Malawi 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, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Costa Rica exported $150 to Malawi. There were not main exports from Costa Rica to Malawi in 2021. During the last 5 years the exports of Costa Rica to Malawi have decreased at an annualized rate of 52.9%, from $6.46k in 2016 to $150 in 2021.

In 2017, Malawi exported $244k to Costa Rica. The main products exported from Malawi to Costa Rica were Rubber Apparel ($243k), Knit Men's Suits ($853), and Other Printed Material ($129). During the last 5 years the exports of Malawi to Costa Rica have increased at an annualized rate of 182%, from $1.37k in 2022 to $244k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

Malawi
Top DestinationUnited Arab Emirates$255M

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

In 2022, countries that imported more from Costa Rica than Malawi included United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

In 2022, countries that imported more from Malawi than Costa Rica included United Arab Emirates ($255M), Tanzania ($72.8M), and Kenya ($58.8M).

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

Comparative Advantage Costa Rica - Malawi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Costa Rica had a large net trade with Malawi in the exports of .

During 2017, Malawi had a large net trade with Costa Rica in the exports of Plastics and Rubbers ($243k), Textiles ($853), and Paper Goods ($129).

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 Malawi+$2.05kMedical Instruments

Top Product Potential Malawi Costa Rica+$1.7kGold

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

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Costa Rica - Malawi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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