Botswana (BWA) and Costa Rica (CRI) Trade | The Observatory of Economic Complexity

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Botswana-Costa Rica Trade: In 2022, Botswana exported $583 to Costa Rica. The main products that Botswana exported to Costa Rica were Interior Decorative Glassware ($440), Engine Parts ($77), and Brochures ($55). Over the past 5 years the exports of Botswana to Costa Rica have decreased at an annualized rate of 41.1%, from $8.22k in 2017 to $583 in 2022.

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

Costa Rica-Botswana Trade: In 2022, Costa Rica exported $268 to Botswana. The main products that Costa Rica exported to Botswana were Medical Instruments ($242) and Orthopedic Appliances ($26). Over the past 5 years the exports of Costa Rica to Botswana have decreased at an annualized rate of 66.1%, from $59.7k in 2017 to $268 in 2022.

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

Comparison: In 2022, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Botswana exported $583 to Costa Rica. The main products exported from Botswana to Costa Rica were Interior Decorative Glassware ($440), Engine Parts ($77), and Brochures ($55). During the last 5 years the exports of Botswana to Costa Rica have decreased at an annualized rate of 41.1%, from $8.22k in 2017 to $583 in 2022.

In 2017, Costa Rica exported $268 to Botswana. The main products exported from Costa Rica to Botswana were Medical Instruments ($242) and Orthopedic Appliances ($26). During the last 5 years the exports of Costa Rica to Botswana have decreased at an annualized rate of 66.1%, from $59.7k in 2022 to $268 in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Botswana than Costa Rica included United Arab Emirates ($2.31B), India ($1.28B), and South Africa ($836M).

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

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

Comparative Advantage Botswana - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Botswana had a large net trade with Costa Rica in the exports of Stone And Glass ($440), Machines ($77), and Paper Goods ($55).

During 2017, Costa Rica had a large net trade with Botswana in the exports of Instruments ($268).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Costa Rica+$2.12kInsulated Wire

Top Product Potential Costa Rica Botswana+$5.13kMedical 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 Botswana and Costa Rica. This means that a dot/product with the flag of Botswana 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 Botswana.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Botswana - Costa Rica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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