2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH
-17.3%CURRENT US$
Rnk 168 / 186

About

Colombia-Sierra Leone Trade: In 2022, Colombia exported $1.61M to Sierra Leone. The main products that Colombia exported to Sierra Leone were Baked Goods ($1.15M), Confectionery Sugar ($357k), and Edible Offal ($64.9k). Over the past 5 years the exports of Colombia to Sierra Leone have increased at an annualized rate of 14%, from $836k in 2017 to $1.61M in 2022.

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

Sierra Leone-Colombia Trade: In 2022, Sierra Leone exported $74.3k to Colombia. The main products that Sierra Leone exported to Colombia were Utility Meters ($24.8k), Titanium Ore ($15.2k), and Low-voltage Protection Equipment ($9.01k). Over the past 5 years the exports of Sierra Leone to Colombia have increased at an annualized rate of 18.1%,  from $32.3k in 2017 to $74.3k in 2022.

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

Comparison In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11),  and 53 in total exports ($60.3B). 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, Colombia exported $1.61M to Sierra Leone. The main products exported from Colombia to Sierra Leone were Baked Goods ($1.15M), Confectionery Sugar ($357k), and Edible Offal ($64.9k). During the last 5 years the exports of Colombia to Sierra Leone have increased at an annualized rate of 14%, from $836k in 2017 to $1.61M in 2022.

In 2017, Sierra Leone exported $74.3k to Colombia. The main products exported from Sierra Leone to Colombia were Utility Meters ($24.8k), Titanium Ore ($15.2k), and Low-voltage Protection Equipment ($9.01k). During the last 5 years the exports of Sierra Leone to Colombia have increased at an annualized rate of 18.1%, from $32.3k in 2022 to $74.3k in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Sierra Leone (Flag)

Colombia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Sierra Leone
Top Destination
China$622M

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

In 2022, countries that imported more from Colombia than Sierra Leone included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2022, countries that imported more from Sierra Leone than Colombia included Kazakhstan ($12.3M), Niger ($105k), and Namibia ($53.1k).

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

Comparative Advantage Colombia - Sierra Leone

Flow
Scale

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

During 2022, Colombia had a large net trade with Sierra Leone in the exports of Foodstuffs ($1.51M), Animal Products ($64.9k), and Machines ($38.9k).

During 2017, Sierra Leone had a large net trade with Colombia in the exports of Machines ($29.4k), Instruments ($24.8k), and Mineral Products ($15.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Sierra Leone+$95.3kConfectionery Sugar
Top Product Potential Sierra Leone Colombia+$38.8kTitanium 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 Colombia and Sierra Leone. This means that a dot/product with the flag of Colombia 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 Colombia.

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

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