Albania (ALB) and Costa Rica (CRI) Trade | The Observatory of Economic Complexity

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Albania-Costa Rica Trade: In 2022, Albania exported $40.8k to Costa Rica. The main products that Albania exported to Costa Rica were Centrifuges ($13.3k), Knit Women's Suits ($3.36k), and Knit Men's Suits ($3.15k). Over the past 5 years the exports of Albania to Costa Rica have increased at an annualized rate of 27.1%, from $12.3k in 2017 to $40.8k in 2022.

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

Costa Rica-Albania Trade: In 2022, Costa Rica exported $1.3M to Albania. The main products that Costa Rica exported to Albania were Bananas ($1.29M) and Refined Petroleum ($11.8k). Over the past 5 years the exports of Costa Rica to Albania have increased at an annualized rate of 34.6%, from $163k in 2017 to $1.3M in 2022.

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

Comparison: In 2022, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B). 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, Albania exported $40.8k to Costa Rica. The main products exported from Albania to Costa Rica were Centrifuges ($13.3k), Knit Women's Suits ($3.36k), and Knit Men's Suits ($3.15k). During the last 5 years the exports of Albania to Costa Rica have increased at an annualized rate of 27.1%, from $12.3k in 2017 to $40.8k in 2022.

In 2017, Costa Rica exported $1.3M to Albania. The main products exported from Costa Rica to Albania were Bananas ($1.29M) and Refined Petroleum ($11.8k). During the last 5 years the exports of Costa Rica to Albania have increased at an annualized rate of 34.6%, from $163k in 2022 to $1.3M in 2017.

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

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

Latest Data

Trade between Albania () and Costa Rica ()

Costa Rica Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Albania than Costa Rica included Italy ($1.75B), Greece ($421M), and North Macedonia ($101M).

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

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

Comparative Advantage Albania - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Albania had a large net trade with Costa Rica in the exports of Machines ($19.1k), Textiles ($13.3k), and Footwear and Headwear ($3.16k).

During 2017, Costa Rica had a large net trade with Albania in the exports of Vegetable Products ($1.29M) and Mineral Products ($11.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Costa Rica+$17.8kCentrifuges

Top Product Potential Costa Rica Albania+$22.7kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Albania () and Costa Rica ()

Costa Rica Exports

Market Competitiveness

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

Comparative Advantage Albania - Costa Rica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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