Malawi (MWI) and Costa Rica (CRI) Trade | The Observatory of Economic Complexity

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Malawi-Costa Rica Trade: In 2022, Malawi exported $244k to Costa Rica. The main products that Malawi exported to Costa Rica were Rubber Apparel ($243k), Knit Men's Suits ($853), and Other Printed Material ($129). Over the past 5 years the exports of Malawi to Costa Rica have increased at an annualized rate of 182%, from $1.37k in 2017 to $244k in 2022.

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

Costa Rica-Malawi Trade: In 2022, Costa Rica exported $150 to Malawi. The main products that Costa Rica exported to Malawi were N/A. Over the past 5 years the exports of Costa Rica to Malawi have decreased at an annualized rate of 52.9%, from $6.46k in 2017 to $150 in 2022.

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

Comparison In 2022, Malawi ranked 157 in total exports ($1.19B), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malawi exported $244k to Costa Rica. The main products exported from Malawi to Costa Rica were Rubber Apparel ($243k), Knit Men's Suits ($853), and Other Printed Material ($129). During the last 5 years the exports of Malawi to Costa Rica have increased at an annualized rate of 182%, from $1.37k in 2017 to $244k in 2022.

In 2016, Costa Rica exported $150 to Malawi. There were not main exports from Costa Rica to Malawi in 2016. During the last 5 years the exports of Costa Rica to Malawi have decreased at an annualized rate of 52.9%, from $6.46k in 2021 to $150 in 2016.

Exports from Malawi () to Costa Rica () (2022)

Exports from Costa Rica () to Malawi () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationUnited Arab Emirates$255M

Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Malawi than Costa Rica included United Arab Emirates ($255M), Tanzania ($72.8M), and Kenya ($58.8M).

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

Difference in imports from Costa Rica () and Malawi () (2022)

Comparative Advantage Malawi - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malawi had a large net trade with Costa Rica in the exports of Plastics and Rubbers ($243k), Textiles ($853), and Paper Goods ($129).

During 2016, Costa Rica had a large net trade with Malawi in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Costa Rica+$1.7kGold

Top Product Potential Costa Rica Malawi+$2.05kMedical 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Malawi () to Costa Rica () (2022)

Exports from Costa Rica () to Malawi () (2022)

Market Competitiveness

Difference in imports from Costa Rica () and Malawi () (2022)

Comparative Advantage Malawi - Costa Rica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Malawi () and Costa Rica () (2022)

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