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Pricing

2022
Flag → Flag
Exports $216kRnk 132 / 178
2022
Flag → Flag
Top Product $59.4kTextile Processing Machines
2022
Flag → Flag
Exports $60.3kRnk 134 / 164
2022
Flag → Flag
Top Product $37.4kRubber Tires
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 116 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH90.9%CURRENT US$
Rnk 18 / 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$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH39.5%CURRENT US$
Rnk 49 / 186

About

Costa Rica-Tanzania Trade: In 2022, Costa Rica exported $216k to Tanzania. The main products that Costa Rica exported to Tanzania were Textile Processing Machines ($59.4k), Metal Molds ($40.8k), and Iron Radiators ($39.5k). Over the past 5 years the exports of Costa Rica to Tanzania have increased at an annualized rate of 10.3%, from $132k in 2017 to $216k in 2022.

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

Tanzania-Costa Rica Trade: In 2022, Tanzania exported $60.3k to Costa Rica. The main products that Tanzania exported to Costa Rica were Rubber Tires ($37.4k), Non-Knit Babies' Garments ($11.3k), and Sowing Seeds ($6.12k). Over the past 5 years the exports of Tanzania to Costa Rica have increased at an annualized rate of 5.44%,  from $46.3k in 2017 to $60.3k in 2022.

In 2022, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Costa Rica exported $216k to Tanzania. The main products exported from Costa Rica to Tanzania were Textile Processing Machines ($59.4k), Metal Molds ($40.8k), and Iron Radiators ($39.5k). During the last 5 years the exports of Costa Rica to Tanzania have increased at an annualized rate of 10.3%, from $132k in 2017 to $216k in 2022.

In 2017, Tanzania exported $60.3k to Costa Rica. The main products exported from Tanzania to Costa Rica were Rubber Tires ($37.4k), Non-Knit Babies' Garments ($11.3k), and Sowing Seeds ($6.12k). During the last 5 years the exports of Tanzania to Costa Rica have increased at an annualized rate of 5.44%, from $46.3k in 2022 to $60.3k in 2017.

Exports from Costa Rica (Flag) to Tanzania (Flag) (2022)

Exports from Tanzania (Flag) to Costa Rica (Flag) (2022)

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
Tanzania
Top DestinationIndia$2.73B

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

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

In 2022, countries that imported more from Tanzania than Costa Rica included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

Difference in imports from Tanzania (Flag) and Costa Rica (Flag) (2022)

Comparative Advantage Costa Rica - Tanzania

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Tanzania in the exports of Machines ($134k), Metals ($39.5k), and Chemical Products ($35k).

During 2017, Tanzania had a large net trade with Costa Rica in the exports of Plastics and Rubbers ($37.4k), Textiles ($13.8k), and Vegetable Products ($8.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Tanzania+$53.7kMedical Instruments
Top Product Potential Tanzania Costa Rica+$32.4kRubber Tires

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

Product Space of Costa Rica (Flag) and Tanzania (Flag) (2022)

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