Guinea (GIN) and Costa Rica (CRI) Trade | The Observatory of Economic Complexity

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Guinea-Costa Rica Trade: In 2021, Guinea exported $1.05k to Costa Rica. The main products that Guinea exported to Costa Rica were N/A. Over the past 6 years the exports of Guinea to Costa Rica have decreased at an annualized rate of 19.3%, from $3.81k in 2015 to $1.05k in 2021.

In 2021, Guinea did not export any services to Costa Rica.

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

In 2021, Costa Rica did not export any services to Guinea.

Comparison: In 2022, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). 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 2021, Guinea exported $1.05k to Costa Rica. There were not main exports from Guinea to Costa Rica in 2021. During the last 6 years the exports of Guinea to Costa Rica have decreased at an annualized rate of 19.3%, from $3.81k in 2015 to $1.05k in 2021.

Costa Rica does not register exports to Guinea. The main products exported from Costa Rica to Guinea were Other live plants, cuttings and slips; mushroom spawn ($7k) and Other Printed Material ($1.87k).

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Guinea than Costa Rica included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

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

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

Comparative Advantage Guinea - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Guinea had a large net trade with Costa Rica 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 Guinea Costa Rica+$2.75kGold

Top Product Potential Costa Rica Guinea+$3.34kOther live plants, cuttings and slips; mushroom spawn

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

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Guinea - Costa Rica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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