2022
Flag  
GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
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 GDP
$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
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GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 186
2022
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GDP PC 
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186
2022
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GDP PC
$461CURRENT US$
Rnk 184 / 186
2012-2022
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GDP PC GROWTH
-17.3%CURRENT US$
Rnk 168 / 186

About

New Zealand-Sierra Leone Trade: In 2022, New Zealand exported $1.68M to Sierra Leone. The main products that New Zealand exported to Sierra Leone were Malt Extract ($950k), Wine ($220k), and Concentrated Milk ($214k). Over the past 5 years the exports of New Zealand to Sierra Leone have decreased at an annualized rate of 14.3%, from $3.64M in 2017 to $1.68M in 2022.

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

Sierra Leone-New Zealand Trade: In 2022, Sierra Leone exported $1.41M to New Zealand. The main products that Sierra Leone exported to New Zealand were Excavation Machinery ($644k), Centrifuges ($162k), and Electrical Transformers ($157k). Over the past 5 years the exports of Sierra Leone to New Zealand have increased at an annualized rate of 9.36%,  from $483k in 2017 to $1.41M in 2022.

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

Comparison In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46),  and 64 in total exports ($46.5B). 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, New Zealand exported $1.68M to Sierra Leone. The main products exported from New Zealand to Sierra Leone were Malt Extract ($950k), Wine ($220k), and Concentrated Milk ($214k). During the last 5 years the exports of New Zealand to Sierra Leone have decreased at an annualized rate of 14.3%, from $3.64M in 2017 to $1.68M in 2022.

In 2017, Sierra Leone exported $1.41M to New Zealand. The main products exported from Sierra Leone to New Zealand were Excavation Machinery ($644k), Centrifuges ($162k), and Electrical Transformers ($157k). During the last 5 years the exports of Sierra Leone to New Zealand have increased at an annualized rate of 9.36%, from $483k in 2022 to $1.41M in 2017.

Exports from New Zealand (Flag) to Sierra Leone (Flag) (2022)

Exports from Sierra Leone (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Sierra Leone (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$13.1B
Sierra Leone
Top Destination
China$622M

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

In 2022, countries that imported more from New Zealand than Sierra Leone included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2022, countries that imported more from Sierra Leone than New Zealand included Kazakhstan ($12.3M) and Burundi ($11.7k).

Difference in imports from Sierra Leone (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Sierra Leone

Flow
Scale

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

During 2022, New Zealand had a large net trade with Sierra Leone in the exports of Foodstuffs ($1.17M), Animal Products ($214k), and Machines ($208k).

During 2017, Sierra Leone had a large net trade with New Zealand in the exports of Machines ($1.04M), Foodstuffs ($138k), and Textiles ($49k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Sierra Leone+$218kConcentrated Milk
Top Product Potential Sierra Leone New Zealand+$80.5kElectrical Transformers

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

Product Space of New Zealand (Flag) and Sierra Leone (Flag) (2022)

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