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Pricing

2022
Flag → Flag
Exports $122kRnk 138 / 178
2022
Flag → Flag
Top Product $105kPaper Labels
2022
Flag → Flag
Exports $2.42MRnk 97 / 131
2022
Flag → Flag
Top Product $16.6kMetalworking Machine Parts
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC $13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Costa Rica-Burkina Faso Trade: In 2022, Costa Rica exported $122k to Burkina Faso. The main products that Costa Rica exported to Burkina Faso were Paper Labels ($105k), Rubber Tires ($15.2k), and Low-voltage Protection Equipment ($942). Over the past 5 years the exports of Costa Rica to Burkina Faso have decreased at an annualized rate of 35.7%, from $1.12M in 2017 to $122k in 2022.

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

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

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 5 years the exports of Costa Rica to Burkina Faso have decreased at an annualized rate of 35.7%, from $1.12M in 2017 to $122k in 2022.

Burkina Faso does not register exports 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).

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 DestinationUnited States$6.83B
Burkina Faso
Top DestinationSwitzerland$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 2022, countries that imported more from Costa Rica than Burkina Faso included United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

In 2022, countries that imported more from Burkina Faso than Costa Rica included 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Burkina Faso+$45.6kRubber Tires
Top Product Potential Burkina Faso Costa Rica+$3.89kMetalworking Machine Parts

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

This visualization shows the product space at the HS4 level with the flags of Costa Rica and Burkina Faso. This means that a dot/product with the flag of Costa Rica indicates it has a comparative advantage over Burkina Faso. Similarly, a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Costa Rica.

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

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