2022
Flag  
GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
 GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC 
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

Ethiopia-Costa Rica Trade: In 2022, Ethiopia exported $56.4k to Costa Rica. The main products that Ethiopia exported to Costa Rica were Knit Babies' Garments ($19.9k), Non-Knit Babies' Garments ($14.9k), and Knit Sweaters ($14.6k). Over the past 5 years the exports of Ethiopia to Costa Rica have increased at an annualized rate of 26.1%, from $17.7k in 2017 to $56.4k in 2022.

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

Costa Rica-Ethiopia Trade: In 2022, Costa Rica exported $130k to Ethiopia. The main products that Costa Rica exported to Ethiopia were Spices ($60.6k), Video Cameras ($29.1k), and Cars ($16.1k). Over the past 5 years the exports of Costa Rica to Ethiopia have decreased at an annualized rate of 16.6%,  from $386k in 2017 to $130k in 2022.

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

Comparison: In 2022,  Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B). 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
Value

In 2022, Ethiopia exported $56.4k to Costa Rica. The main products exported from Ethiopia to Costa Rica were Knit Babies' Garments ($19.9k), Non-Knit Babies' Garments ($14.9k), and Knit Sweaters ($14.6k). During the last 5 years the exports of Ethiopia to Costa Rica have increased at an annualized rate of 26.1%, from $17.7k in 2017 to $56.4k in 2022.

In 2017, Costa Rica exported $130k to Ethiopia. The main products exported from Costa Rica to Ethiopia were Spices ($60.6k), Video Cameras ($29.1k), and Cars ($16.1k). During the last 5 years the exports of Costa Rica to Ethiopia have decreased at an annualized rate of 16.6%, from $386k in 2022 to $130k in 2017.

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

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

Latest Data

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

Ethiopia Exports

Date

Market Competitiveness

Color
Ethiopia
Top Destination
United Arab Emirates$723M
Costa Rica
Top Destination
United States$6.83B

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

In 2022, countries that imported more from Ethiopia than Costa Rica included United Arab Emirates ($723M), Somalia ($265M), and Saudi Arabia ($268M).

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

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

Comparative Advantage Ethiopia - Costa Rica

Flow
Scale

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

During 2022, Ethiopia had a large net trade with Costa Rica in the exports of Textiles ($55.4k) and Animal Hides ($1.02k).

During 2017, Costa Rica had a large net trade with Ethiopia in the exports of Vegetable Products ($60.9k), Instruments ($43.5k), and Transportation ($16.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Costa Rica+$40.4kKnit Babies' Garments
Top Product Potential Costa Rica Ethiopia+$96.5kMedical 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

This visualization shows the product space at the HS4 level with the flags of Ethiopia and Costa Rica. This means that a dot/product with the flag of Ethiopia 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 Ethiopia.

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

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