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Pricing

2022
Flag → Flag
Exports $2.46kRnk 102 / 118
2022
Flag → Flag
Top Product $2.16kElectrical Ignitions
2022
Flag → Flag
Exports $1.45MRnk 103 / 178
2022
Flag → Flag
Top Product $530kMixed Mineral or Chemical Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
 GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC $461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH-17.3%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

Sierra Leone-Costa Rica Trade: In 2022, Sierra Leone exported $2.46k to Costa Rica. The main products that Sierra Leone exported to Costa Rica were Electrical Ignitions ($2.16k), Brooms ($267), and Electrical Resistors ($38). Over the past 5 years the exports of Sierra Leone to Costa Rica have increased at an annualized rate of 13.1%, from $1.33k in 2017 to $2.46k in 2022.

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

Costa Rica-Sierra Leone Trade: In 2022, Costa Rica exported $1.45M to Sierra Leone. The main products that Costa Rica exported to Sierra Leone were Mixed Mineral or Chemical Fertilizers ($530k), Other Agricultural Machinery ($154k), and Industrial Fatty Acids, Oils and Alcohols ($153k). Over the past 5 years the exports of Costa Rica to Sierra Leone have increased at an annualized rate of 163%,  from $11.5k in 2017 to $1.45M in 2022.

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

Comparison In 2022,  Sierra Leone ranked 159 in total exports ($1.15B), 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, Sierra Leone exported $2.46k to Costa Rica. The main products exported from Sierra Leone to Costa Rica were Electrical Ignitions ($2.16k), Brooms ($267), and Electrical Resistors ($38). During the last 5 years the exports of Sierra Leone to Costa Rica have increased at an annualized rate of 13.1%, from $1.33k in 2017 to $2.46k in 2022.

In 2017, Costa Rica exported $1.45M to Sierra Leone. The main products exported from Costa Rica to Sierra Leone were Mixed Mineral or Chemical Fertilizers ($530k), Other Agricultural Machinery ($154k), and Industrial Fatty Acids, Oils and Alcohols ($153k). During the last 5 years the exports of Costa Rica to Sierra Leone have increased at an annualized rate of 163%, from $11.5k in 2022 to $1.45M in 2017.

Exports from Sierra Leone (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to Sierra Leone (Flag) (2022)

Market Competitiveness

Color
Sierra Leone
Top DestinationChina$622M
Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Sierra Leone than Costa Rica included China ($622M), United Arab Emirates ($64.6M), and Senegal ($14.5M).

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

Difference in imports from Costa Rica (Flag) and Sierra Leone (Flag) (2022)

Comparative Advantage Sierra Leone - Costa Rica

Flow
Scale

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

During 2022, Sierra Leone had a large net trade with Costa Rica in the exports of Machines ($2.2k) and Miscellaneous ($267).

During 2017, Costa Rica had a large net trade with Sierra Leone in the exports of Chemical Products ($685k), Transportation ($280k), and Metals ($251k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sierra Leone Costa Rica+$3.24kElectrical Ignitions
Top Product Potential Costa Rica Sierra Leone+$27.9kOther Small Iron Pipes

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

Product Space of Sierra Leone (Flag) and Costa Rica (Flag) (2022)

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