2022
Flag  
GDP
$68.4BCURRENT US$
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2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
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2022
Flag
 GDP
$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH
90.9%CURRENT US$
Rnk 18 / 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
$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 49 / 186

About

Costa Rica-Tanzania In 2022, Costa Rica exported $216k to Tanzania. The main products that Costa Rica exported to Tanzania are Textile Processing Machines ($59.4k), Metal Molds ($40.8k), and Iron Radiators ($39.5k). During the last 26 years the exports of Costa Rica to Tanzania have increased at an annualized rate of 20.2%, from $1.82k in 1996 to $216k in 2022.

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

Tanzania-Costa Rica In 2022, Tanzania exported $60.3k to Costa Rica. The main products that Tanzania exported to Costa Rica were Rubber Tires ($37.4k), Non-Knit Babies' Garments ($11.3k), and Sowing Seeds ($6.12k). During the last 26 years the exports of Tanzania to Costa Rica have increased at an annualized rate of 11.7%, from $3.43k in 1996 to $60.3k in 2022.

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

Comparison In 2022,  Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.31), and 82 in total exports ($17.2B). That same year, Tanzania ranked 111 in the Economic Complexity Index (ECI -1.18), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $216k to Tanzania. The main products exported from Costa Rica to Tanzania were Textile Processing Machines ($59.4k), Metal Molds ($40.8k), and Iron Radiators ($39.5k). During the last 26 years the exports of Costa Rica to Tanzania have increased at an annualized rate of 20.2%, from $1.82k in 1996 to $216k in 2022.

In 2022, Tanzania exported $60.3k to Costa Rica. The main products exported from Tanzania to Costa Rica were Rubber Tires ($37.4k), Non-Knit Babies' Garments ($11.3k), and Sowing Seeds ($6.12k). During the last 27 years the exports of Tanzania to Costa Rica have increased at an annualized rate of 11.7%, from $3.43k in 1995 to $60.3k in 2022.

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

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

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Tanzania
Top Destination
India$2.73B

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

In 2021, countries that imported more from Costa Rica than Tanzania were United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

In 2021, countries that imported more from Tanzania than Costa Rica were India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

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

Comparative Advantage Costa Rica - Tanzania

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Tanzania in the exports of Machines ($134k), Metals ($39.5k), and Chemical Products ($35k).

During 2022, Tanzania had a large net trade with Costa Rica in the exports of Plastics and Rubbers ($37.4k), Textiles ($13.8k), and Vegetable Products ($8.2k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Costa Rica has comparative advantage over Tanzania. Similarly, the more yellow a dot/product is, the more Tanzania has comparative advantage over Costa Rica.

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

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