Costa Rica (CRI) and Rwanda (RWA) Trade | The Observatory of Economic Complexity

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Costa Rica-Rwanda Trade: In 2022, Costa Rica exported $59.9k to Rwanda. The main products that Costa Rica exported to Rwanda were Other Measuring Instruments ($22.4k), Medical Instruments ($13.3k), and Orthopedic Appliances ($9.57k). Over the past 5 years the exports of Costa Rica to Rwanda have increased at an annualized rate of 186%, from $315 in 2017 to $59.9k in 2022.

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

Rwanda-Costa Rica In N/A, Rwanda did not export any products to Costa Rica.

In 2022, Rwanda 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, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Costa Rica exported $59.9k to Rwanda. The main products exported from Costa Rica to Rwanda were Other Measuring Instruments ($22.4k), Medical Instruments ($13.3k), and Orthopedic Appliances ($9.57k). During the last 5 years the exports of Costa Rica to Rwanda have increased at an annualized rate of 186%, from $315 in 2017 to $59.9k in 2022.

Rwanda does not register exports to Costa Rica. The main products exported from Rwanda to Costa Rica were Cars ($28k), Breathing Appliances ($1.27k), and Trunks and Cases ($160).

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

Rwanda
Top DestinationUnited Arab Emirates$568M

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

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

In 2022, countries that imported more from Rwanda than Costa Rica included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Ethiopia ($55.2M).

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

Comparative Advantage Costa Rica - Rwanda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Costa Rica had a large net trade with Rwanda in the exports of Instruments ($45.3k), Stone And Glass ($8.8k), and Machines ($4.4k).

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 Rwanda+$2.18kMedical Instruments

Top Product Potential Rwanda Costa Rica+$1.9kGold

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Costa Rica - Rwanda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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