2023
Flag  
GDP
$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH
69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
 GDP
$49.3BCURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP GROWTH
46.1%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC 
$16,942CURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP PC GROWTH
56.8%CURRENT US$
Rnk 34 / 195
2023
Flag
GDP PC
$1,737CURRENT US$
Rnk 161 / 196
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 133 / 195

About

Costa Rica-Cameroon Trade: In 2023, Costa Rica exported $552k to Cameroon. The main products that Costa Rica exported to Cameroon were Pesticides ($390k), Other Plastic Products ($51.7k), and Plastic Lids ($30.7k). Over the past 5 years the exports of Costa Rica to Cameroon have increased at an annualized rate of 13.5%, from $294k in 2018 to $552k in 2023.

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

Cameroon-Costa Rica Trade: In 2023, Cameroon exported $41.8k to Costa Rica. The main products that Cameroon exported to Costa Rica were Party Decorations ($12.6k), Other Furniture ($8.29k), and Brochures ($5.04k). Over the past 5 years the exports of Cameroon to Costa Rica have increased at an annualized rate of 15.4%,  from $7.47k in 2018 to $41.8k in 2023.

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

Comparison: In 2023,  Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B). That same year, Cameroon ranked 119 in the Economic Complexity Index (ECI -1.2), and 117 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Costa Rica exported $552k to Cameroon. The main products exported from Costa Rica to Cameroon were Pesticides ($390k), Other Plastic Products ($51.7k), and Plastic Lids ($30.7k). During the last 5 years the exports of Costa Rica to Cameroon have increased at an annualized rate of 13.5%, from $294k in 2018 to $552k in 2023.

In 2018, Cameroon exported $41.8k to Costa Rica. The main products exported from Cameroon to Costa Rica were Party Decorations ($12.6k), Other Furniture ($8.29k), and Brochures ($5.04k). During the last 5 years the exports of Cameroon to Costa Rica have increased at an annualized rate of 15.4%, from $7.47k in 2023 to $41.8k in 2018.

Exports from Costa Rica (Flag) to Cameroon (Flag) (2023)

Exports from Cameroon (Flag) to Costa Rica (Flag) (2023)

Latest Data

Trade between Costa Rica (Flag) and Cameroon (Flag)

Costa Rica Exports

Date

Cameroon Exports

Market Competitiveness

Color
Costa Rica
Top Destination
United States$9.5B
Cameroon
Top Destination
Netherlands$1.44B

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

In 2023, countries that imported more from Costa Rica than Cameroon included United States ($9.5B), Guatemala ($846M), and Nicaragua ($661M).

In 2023, countries that imported more from Cameroon than Costa Rica included United Arab Emirates ($899M), France ($937M), and India ($632M).

Difference in imports from Cameroon (Flag) and Costa Rica (Flag) (2023)

Comparative Advantage Costa Rica - Cameroon

Flow
Scale

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

During 2023, Costa Rica had a large net trade with Cameroon in the exports of Chemical Products ($412k), Plastics and Rubbers ($99.8k), and Machines ($20.6k).

During 2018, Cameroon had a large net trade with Costa Rica in the exports of Miscellaneous ($26.7k), Paper Goods ($5.16k), and Machines ($2.08k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Cameroon+$263kPesticides
Top Product Potential Cameroon Costa Rica+$3.18kPetroleum Gas

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

Product Space of Costa Rica (Flag) and Cameroon (Flag) (2023)

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