2022
Flag  
GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
12.7%CURRENT US$
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2022
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 GDP
$3.97BCURRENT US$
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2012-2022
Flag
GDP GROWTH
4.78%CURRENT US$
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2022
Flag
GDP PC 
$15,356CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
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2022
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GDP PC
$461CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-17.3%CURRENT US$
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About

Chile-Sierra Leone Trade: In 2022, Chile exported $17.6k to Sierra Leone. The main products that Chile exported to Sierra Leone were Excavation Machinery ($17.5k) and Iron Fasteners ($148). Over the past 6 years the exports of Chile to Sierra Leone have decreased at an annualized rate of 38.6%, from $330k in 2016 to $17.6k in 2022.

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

Sierra Leone-Chile Trade: In 2022, Sierra Leone exported $352 to Chile. The main products that Sierra Leone exported to Chile were Jute Woven Fabric ($121), Industrial Printers ($116), and Other Plastic Products ($115). Over the past 6 years the exports of Sierra Leone to Chile have decreased at an annualized rate of 71.2%,  from $179k in 2016 to $352 in 2022.

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

Comparison In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18),  and 44 in total exports ($99B). 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, Chile exported $17.6k to Sierra Leone. The main products exported from Chile to Sierra Leone were Excavation Machinery ($17.5k) and Iron Fasteners ($148). During the last 6 years the exports of Chile to Sierra Leone have decreased at an annualized rate of 38.6%, from $330k in 2016 to $17.6k in 2022.

In 2017, Sierra Leone exported $352 to Chile. The main products exported from Sierra Leone to Chile were Jute Woven Fabric ($121), Industrial Printers ($116), and Other Plastic Products ($115). During the last 5 years the exports of Sierra Leone to Chile have decreased at an annualized rate of 71.2%, from $179k in 2022 to $352 in 2017.

Exports from Chile (Flag) to Sierra Leone (Flag) (2022)

Exports from Sierra Leone (Flag) to Chile (Flag) (2022)

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Sierra Leone
Top Destination
China$622M

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

In 2022, countries that imported more from Chile than Sierra Leone included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Sierra Leone than Chile included Senegal ($14.5M), Romania ($10.7M), and Madagascar ($130k).

Difference in imports from Sierra Leone (Flag) and Chile (Flag) (2022)

Comparative Advantage Chile - Sierra Leone

Flow
Scale

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

During 2022, Chile had a large net trade with Sierra Leone in the exports of Machines ($17.5k) and Metals ($148).

During 2017, Sierra Leone had a large net trade with Chile in the exports of Textiles ($121), Machines ($116), and Plastics and Rubbers ($115).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Sierra Leone+$26.7kExcavation Machinery
Top Product Potential Sierra Leone Chile+$2.27kIron Ore

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

Product Space of Chile (Flag) and Sierra Leone (Flag) (2022)

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