2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH
-16.7%CURRENT US$
Rnk 188 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$758CURRENT US$
Rnk 185 / 196
2013-2023
Flag
GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195

About

United Kingdom-Sierra Leone Trade: In 2023, United Kingdom exported $41.2M to Sierra Leone. The main products that United Kingdom exported to Sierra Leone were Excavation Machinery ($4.45M), Stone Processing Machines ($2.49M), and Cars ($2.46M). Over the past 5 years the exports of United Kingdom to Sierra Leone have decreased at an annualized rate of 4.19%, from $51M in 2018 to $41.2M in 2023.

In 2023, United Kingdom did not export any services to Sierra Leone.

Sierra Leone-United Kingdom Trade: In 2023, Sierra Leone exported $10.4M to United Kingdom. The main products that Sierra Leone exported to United Kingdom were Iron Wire ($2.77M), Diamonds ($1.58M), and Motor vehicles; parts and accessories (8701 to 8705) ($803k). Over the past 5 years the exports of Sierra Leone to United Kingdom have increased at an annualized rate of 13.3%,  from $2.98M in 2018 to $10.4M in 2023.

In 2023, Sierra Leone did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $41.2M to Sierra Leone. The main products exported from United Kingdom to Sierra Leone were Excavation Machinery ($4.45M), Stone Processing Machines ($2.49M), and Cars ($2.46M). During the last 5 years the exports of United Kingdom to Sierra Leone have decreased at an annualized rate of 4.19%, from $51M in 2018 to $41.2M in 2023.

In 2018, Sierra Leone exported $10.4M to United Kingdom. The main products exported from Sierra Leone to United Kingdom were Iron Wire ($2.77M), Diamonds ($1.58M), and Motor vehicles; parts and accessories (8701 to 8705) ($803k). During the last 5 years the exports of Sierra Leone to United Kingdom have increased at an annualized rate of 13.3%, from $2.98M in 2023 to $10.4M in 2018.

Exports from United Kingdom (Flag) to Sierra Leone (Flag) (2023)

Exports from Sierra Leone (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Sierra Leone
Top Destination
China$1.03B

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

In 2023, countries that imported more from United Kingdom than Sierra Leone included United States ($59.7B), Germany ($34.6B), and China ($35.3B).

In 2023, no countries were registered that imported more from Sierra Leone than from United Kingdom.

Difference in imports from Sierra Leone (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Sierra Leone

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Sierra Leone in the exports of Machines ($13.5M), Transportation ($6.06M), and Plastics and Rubbers ($3.8M).

During 2018, Sierra Leone had a large net trade with United Kingdom in the exports of Metals ($3.32M), Machines ($2.01M), and Precious Metals ($1.58M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Sierra Leone+$2.66MCars
Top Product Potential Sierra Leone United Kingdom+$2.62MDiamonds

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

Product Space of United Kingdom (Flag) and Sierra Leone (Flag) (2023)

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