2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 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 
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC
$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH
-17.3%CURRENT US$
Rnk 168 / 186

About

In N/A, Mongolia did not export any services to Sierra Leone.

Sierra Leone-Mongolia In N/A, Sierra Leone did not export any products to Mongolia.

In N/A, Sierra Leone did not export any services to Mongolia.

Comparison In 2022,  Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26),  and 94 in total exports ($13.6B). 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

Mongolia does not register exports to Sierra Leone.

Sierra Leone does not register exports to Mongolia. The main products exported from Sierra Leone to Mongolia were Valves ($105k), Electric Motors ($86.5k), and Electric Heaters ($6.51k).

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

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

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Sierra Leone
Top Destination
China$622M

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

In 2022, countries that imported more from Mongolia than Sierra Leone included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

In 2022, countries that imported more from Sierra Leone than Mongolia included Belgium ($136M), United Arab Emirates ($64.6M), and Netherlands ($43.2M).

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

Comparative Advantage Mongolia - Sierra Leone

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Sierra Leone+$767Cars
Top Product Potential Sierra Leone Mongolia+$7.26kElectric Heaters

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

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

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