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Pricing

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

About

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.

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 10.8%,  from $1.33k in 2017 to $2.46k in 2022.

In 2022, Sierra Leone 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, Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $1.45M in 2022.

In 2017, 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 10.8%, from $1.33k in 2022 to $2.46k in 2017.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Costa Rica - Sierra Leone

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Sierra Leone in the exports of Chemical Products ($685k), Transportation ($280k), and Metals ($251k).

During 2017, Sierra Leone had a large net trade with Costa Rica in the exports of Machines ($2.2k) and Miscellaneous ($267).

Potential Exports

Potential Exports

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

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

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

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