Costa Rica (CRI) and Gambia (GMB) Trade | The Observatory of Economic Complexity

About

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

Gambia-Costa Rica Trade: In N/A, 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 N/A years the exports of Gambia to Costa Rica have decreased at an annualized rate of 14%, from $6.13k in N/A to $2.88k in N/A.

In N/A, Gambia 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, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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).

In 2017, 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 2022 to $2.88k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

Gambia
Top DestinationIndia$52.9M

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

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

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).

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

Comparative Advantage Costa Rica - Gambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Gambia had a large net trade with Costa Rica in the exports of Machines ($2.69k), Metals ($173), and Transportation ($10).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Costa Rica Gambia+$1.78kVaccines, blood, antisera, toxins and cultures

Top Product Potential Gambia Costa Rica+$3.56kLiquid Pumps

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Costa Rica - Gambia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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