Tanzania (TZA) and Costa Rica (CRI) Trade | The Observatory of Economic Complexity

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Tanzania-Costa Rica Trade: In 2023, Tanzania exported $70.4k to Costa Rica. The main products that Tanzania exported to Costa Rica were Sowing Seeds ($61.4k), Non-Knit Babies' Garments ($3.91k), and Knit Men's Shirts ($2.74k). Over the past 5 years the exports of Tanzania to Costa Rica have increased at an annualized rate of 7.7%, from $48.6k in 2018 to $70.4k in 2023.

In 2023, Tanzania did not export any services to Costa Rica.

Costa Rica-Tanzania Trade: In 2023, Costa Rica exported $406k to Tanzania. The main products that Costa Rica exported to Tanzania were Ball Bearings ($238k), Aluminium Foil ($118k), and Mill Machinery ($16.3k). Over the past 5 years the exports of Costa Rica to Tanzania have increased at an annualized rate of 41%, from $72.8k in 2018 to $406k in 2023.

In 2023, Costa Rica did not export any services to Tanzania.

Comparison: In 2023, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B). That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Tanzania exported $70.4k to Costa Rica. The main products exported from Tanzania to Costa Rica were Sowing Seeds ($61.4k), Non-Knit Babies' Garments ($3.91k), and Knit Men's Shirts ($2.74k). During the last 5 years the exports of Tanzania to Costa Rica have increased at an annualized rate of 7.7%, from $48.6k in 2018 to $70.4k in 2023.

In 2018, Costa Rica exported $406k to Tanzania. The main products exported from Costa Rica to Tanzania were Ball Bearings ($238k), Aluminium Foil ($118k), and Mill Machinery ($16.3k). During the last 5 years the exports of Costa Rica to Tanzania have increased at an annualized rate of 41%, from $72.8k in 2023 to $406k in 2018.

Exports from Tanzania () to Costa Rica () (2023)

Exports from Costa Rica () to Tanzania () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$1.74B

Costa Rica
Top DestinationUnited States$9.5B

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

In 2023, countries that imported more from Tanzania than Costa Rica included India ($1.74B), United Arab Emirates ($1.62B), and Uganda ($1.35B).

In 2023, countries that imported more from Costa Rica than Tanzania included United States ($9.5B), Netherlands ($1.52B), and Guatemala ($846M).

Difference in imports from Costa Rica () and Tanzania () (2023)

Comparative Advantage Tanzania - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Tanzania had a large net trade with Costa Rica in the exports of Vegetable Products ($61.4k) and Textiles ($9.01k).

During 2018, Costa Rica had a large net trade with Tanzania in the exports of Machines ($286k), Metals ($118k), and Chemical Products ($1.28k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Costa Rica+$32.4kRubber Tires

Top Product Potential Costa Rica Tanzania+$53.7kMedical Instruments

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

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Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Costa Rica () (2023)

Exports from Costa Rica () to Tanzania () (2023)

Market Competitiveness

Difference in imports from Costa Rica () and Tanzania () (2023)

Comparative Advantage Tanzania - Costa Rica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Tanzania () and Costa Rica () (2023)

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