2022
Flag  
GDP
$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH
60.6%CURRENT US$
Rnk 39 / 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 
$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 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

Gambia-Costa Rica Trade: In 2022, Gambia exported $2.88k to Costa Rica. The main products that Gambia exported to Costa Rica were Liquid Pumps ($2.67k), Aluminium Cans ($97), and Padlocks ($67). Over the past 5 years the exports of Gambia to Costa Rica have decreased at an annualized rate of 14%, from $6.13k in 2017 to $2.88k in 2022.

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

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

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

Comparison In 2022,  Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index. 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, Gambia exported $2.88k to Costa Rica. The main products exported from Gambia to Costa Rica were Liquid Pumps ($2.67k), Aluminium Cans ($97), and Padlocks ($67). During the last 5 years the exports of Gambia to Costa Rica have decreased at an annualized rate of 14%, from $6.13k in 2017 to $2.88k in 2022.

Costa Rica does not register exports to Gambia. The main products exported from Costa Rica to Gambia were Vaccines, blood, antisera, toxins and cultures ($145).

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

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

Market Competitiveness

Color
Gambia
Top Destination
India$52.9M
Costa Rica
Top Destination
United States$6.83B

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

In 2022, countries that imported more from Gambia than Costa Rica included India ($52.9M), Senegal ($3.46M), and Democratic Republic of the Congo ($435k).

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

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

Comparative Advantage Gambia - Costa Rica

Flow
Scale

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

During 2022, Gambia had a large net trade with Costa Rica in the exports of Machines ($2.69k), Metals ($173), and Transportation ($10).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Gambia Costa Rica+$3.56kLiquid Pumps
Top Product Potential Costa Rica Gambia+$1.78kVaccines, blood, antisera, toxins and cultures

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 Gambia and Costa Rica. This means that a dot/product with the flag of Gambia 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 Gambia.

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

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