2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 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
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Costa Rica-Burkina Faso In 2022, Costa Rica exported $122k to Burkina Faso. The main products that Costa Rica exported to Burkina Faso are Paper Labels ($105k), Rubber Tires ($15.2k), and Low-voltage Protection Equipment ($942). During the last 27 years the exports of Costa Rica to Burkina Faso have increased at an annualized rate of 4.7%, from $35.4k in 1995 to $122k in 2022.

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

Burkina Faso-Costa Rica In 2022, Burkina Faso exported $18.7k to Costa Rica. The main products that Burkina Faso exported to Costa Rica were Metalworking Machine Parts ($16.6k), Gas and Liquid Flow Measuring Instruments ($1.16k), and Brooms ($890). During the last 27 years the exports of Burkina Faso to Costa Rica have increased at an annualized rate of 2.68%, from $9.15k in 1995 to $18.7k in 2022.

In 2022, Burkina Faso 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, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $122k to Burkina Faso. The main products exported from Costa Rica to Burkina Faso were Paper Labels ($105k), Rubber Tires ($15.2k), and Low-voltage Protection Equipment ($942). During the last 27 years the exports of Costa Rica to Burkina Faso have increased at an annualized rate of 4.7%, from $35.4k in 1995 to $122k in 2022.

In 2022, Burkina Faso exported $18.7k to Costa Rica. The main products exported from Burkina Faso to Costa Rica were Metalworking Machine Parts ($16.6k), Gas and Liquid Flow Measuring Instruments ($1.16k), and Brooms ($890). During the last 25 years the exports of Burkina Faso to Costa Rica have increased at an annualized rate of 2.68%, from $9.15k in 1997 to $18.7k in 2022.

Exports from Costa Rica (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Costa Rica (Flag) (2022)

Latest Data

Trade between Costa Rica (Flag) and Burkina Faso (Flag)

Costa Rica Exports

Date

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Burkina Faso
Top Destination
Switzerland$6.08B

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

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

In 2021, countries that imported more from Burkina Faso than Costa Rica were Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

Difference in imports from Burkina Faso (Flag) and Costa Rica (Flag) (2022)

Comparative Advantage Costa Rica - Burkina Faso

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Burkina Faso in the exports of Paper Goods ($105k), Plastics and Rubbers ($15.9k), and Machines ($1.12k).

During 2022, Burkina Faso had a large net trade with Costa Rica in the exports of Machines ($16.6k), Instruments ($1.16k), and Miscellaneous ($890).

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 Burkina Faso. Similarly, the more yellow a dot/product is, the more Burkina Faso has comparative advantage over Costa Rica.

Product Space of Costa Rica (Flag) and Burkina Faso (Flag) (2022)

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