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Pricing

2023
Flag → Flag
Exports $1.44kRnk 109 / 124
2023
Flag → Flag
Top Product $810Washing and Bottling Machines
2023
Flag → Flag
Exports $2.69MRnk 97 / 172
2023
Flag → Flag
Top Product $941kMixed Mineral or Chemical Fertilizers
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag  
GDP$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH-16.7%CURRENT US$
Rnk 188 / 195
2023
Flag
 GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC $758CURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP PC GROWTH-33.9%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC$16,942CURRENT US$
Rnk 69 / 196
2013-2023
Flag
GDP PC GROWTH56.8%CURRENT US$
Rnk 34 / 195

About

Sierra Leone-Costa Rica Trade: In 2023, Sierra Leone exported $1.44k to Costa Rica. The main products that Sierra Leone exported to Costa Rica were Washing and Bottling Machines ($810), Knit Gloves ($332), and Electrical Resistors ($235). Over the past 5 years the exports of Sierra Leone to Costa Rica have decreased at an annualized rate of 21.9%, from $4.97k in 2018 to $1.44k in 2023.

In 2023, Sierra Leone did not export any services to Costa Rica.

Costa Rica-Sierra Leone Trade: In 2023, Costa Rica exported $2.69M to Sierra Leone. The main products that Costa Rica exported to Sierra Leone were Mixed Mineral or Chemical Fertilizers ($941k), Motor vehicles; parts and accessories (8701 to 8705) ($379k), and Potassic Fertilizers ($316k). Over the past 5 years the exports of Costa Rica to Sierra Leone have increased at an annualized rate of 200%,  from $11k in 2018 to $2.69M in 2023.

In 2023, Costa Rica did not export any services to Sierra Leone.

Comparison In 2023,  Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index. That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sierra Leone exported $1.44k to Costa Rica. The main products exported from Sierra Leone to Costa Rica were Washing and Bottling Machines ($810), Knit Gloves ($332), and Electrical Resistors ($235). During the last 5 years the exports of Sierra Leone to Costa Rica have decreased at an annualized rate of 21.9%, from $4.97k in 2018 to $1.44k in 2023.

In 2018, Costa Rica exported $2.69M to Sierra Leone. The main products exported from Costa Rica to Sierra Leone were Mixed Mineral or Chemical Fertilizers ($941k), Motor vehicles; parts and accessories (8701 to 8705) ($379k), and Potassic Fertilizers ($316k). During the last 5 years the exports of Costa Rica to Sierra Leone have increased at an annualized rate of 200%, from $11k in 2023 to $2.69M in 2018.

Exports from Sierra Leone (Flag) to Costa Rica (Flag) (2023)

Exports from Costa Rica (Flag) to Sierra Leone (Flag) (2023)

Market Competitiveness

Color
Sierra Leone
Top DestinationChina$1.03B
Costa Rica
Top DestinationUnited States$9.5B

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 2023, countries that imported more from Sierra Leone than Costa Rica included United Arab Emirates ($47.8M), Kazakhstan ($14.5M), and Ghana ($3.36M).

In 2023, countries that imported more from Costa Rica than Sierra Leone included United States ($9.5B), Netherlands ($1.52B), and Guatemala ($846M).

Difference in imports from Costa Rica (Flag) and Sierra Leone (Flag) (2023)

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 2023, Sierra Leone had a large net trade with Costa Rica in the exports of Machines ($1.1k), Textiles ($332), and Plastics and Rubbers ($17).

During 2018, Costa Rica had a large net trade with Sierra Leone in the exports of Chemical Products ($1.68M), Transportation ($654k), and Machines ($278k).

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) (2023)

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