2022
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GDP
$1.67TCURRENT US$
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2012-2022
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GDP GROWTH
30.3%CURRENT US$
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2022
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 GDP
$3.97BCURRENT US$
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2012-2022
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GDP GROWTH
4.78%CURRENT US$
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2022
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GDP PC 
$32,255CURRENT US$
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2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
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2022
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GDP PC
$461CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.3%CURRENT US$
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About

South Korea-Sierra Leone In 2022, South Korea exported $9.07M to Sierra Leone. The main products that South Korea exported to Sierra Leone are Ethylene Polymers ($2.54M), Vaccines, blood, antisera, toxins and cultures ($1.46M), and Propylene Polymers ($1.29M). During the last 27 years the exports of South Korea to Sierra Leone have increased at an annualized rate of 6.64%, from $1.6M in 1995 to $9.07M in 2022.

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

Sierra Leone-South Korea In 2022, Sierra Leone exported $12.8M to South Korea. The main products that Sierra Leone exported to South Korea were Non-fillet Frozen Fish ($7.14M), Titanium Ore ($4.42M), and Scrap Aluminium ($734k). During the last 27 years the exports of Sierra Leone to South Korea have increased at an annualized rate of 20.6%, from $81.4k in 1995 to $12.8M in 2022.

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

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.71),  and 5 in total exports ($705B). 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, South Korea exported $9.07M to Sierra Leone. The main products exported from South Korea to Sierra Leone were Ethylene Polymers ($2.54M), Vaccines, blood, antisera, toxins and cultures ($1.46M), and Propylene Polymers ($1.29M). During the last 27 years the exports of South Korea to Sierra Leone have increased at an annualized rate of 6.64%, from $1.6M in 1995 to $9.07M in 2022.

In 2022, Sierra Leone exported $12.8M to South Korea. The main products exported from Sierra Leone to South Korea were Non-fillet Frozen Fish ($7.14M), Titanium Ore ($4.42M), and Scrap Aluminium ($734k). During the last 27 years the exports of Sierra Leone to South Korea have increased at an annualized rate of 20.6%, from $81.4k in 1995 to $12.8M in 2022.

Exports from South Korea (Flag) to Sierra Leone (Flag) (2022)

Exports from Sierra Leone (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top Destination
China$150B
Sierra Leone
Top Destination
China$622M

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

In 2021, countries that imported more from South Korea than Sierra Leone were China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2019, no countries were registered that imported more from Sierra Leone than from South Korea.

Difference in imports from Sierra Leone (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Sierra Leone

Flow
Scale

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

During 2022, South Korea had a large net trade with Sierra Leone in the exports of Plastics and Rubbers ($5.17M), Machines ($1.59M), and Chemical Products ($1.5M).

During 2022, Sierra Leone had a large net trade with South Korea in the exports of Animal Products ($7.18M), Mineral Products ($4.42M), and Metals ($735k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Sierra Leone. Similarly, the more yellow a dot/product is, the more Sierra Leone has comparative advantage over South Korea.

Product Space of South Korea (Flag) and Sierra Leone (Flag) (2022)

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