2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
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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 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC
$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH
-17.3%CURRENT US$
Rnk 168 / 186

About

Russia-Sierra Leone Trade: In 2021, Russia exported $1.8M to Sierra Leone. The main products that Russia exported to Sierra Leone were N/A. Over the past 5 years the exports of Russia to Sierra Leone have decreased at an annualized rate of 4.25%, from $2.24M in 2016 to $1.8M in 2021.

In 2020, Russia exported services to Sierra Leone worth $133k, with Computer and information services ($88k), Transportation ($26k), and Financial services ($18k) being the largest in terms of value.

Sierra Leone-Russia Trade: In 2021, Sierra Leone exported $635k to Russia. The main products that Sierra Leone exported to Russia were N/A. Over the past 5 years the exports of Sierra Leone to Russia have increased at an annualized rate of 7.21%,  from $448k in 2016 to $635k in 2021.

In 2021, Sierra Leone did not export any services to Russia.

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). 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 2021, Russia exported $1.8M to Sierra Leone. There were not main exports from Russia to Sierra Leone in 2021. During the last 5 years the exports of Russia to Sierra Leone have decreased at an annualized rate of 4.25%, from $2.24M in 2016 to $1.8M in 2021.

In 2016, Sierra Leone exported $635k to Russia. There were not main exports from Sierra Leone to Russia in 2016. During the last 5 years the exports of Sierra Leone to Russia have increased at an annualized rate of 7.21%, from $448k in 2021 to $635k in 2016.

Exports from Russia (Flag) to Sierra Leone (Flag) (2021)

Exports from Sierra Leone (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Sierra Leone
Top Destination
China$622M

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

In 2022, countries that imported more from Russia than Sierra Leone included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Sierra Leone than Russia included French Polynesia ($168k) and Antigua and Barbuda ($1.06k).

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

Comparative Advantage Russia - Sierra Leone

Flow
Scale

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

During 2021, Russia had a large net trade with Sierra Leone in the exports of .

During 2016, Sierra Leone had a large net trade with Russia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Sierra Leone+$4.37kRefined Petroleum
Top Product Potential Sierra Leone Russia+$4.15kIron 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 Russia and Sierra Leone. This means that a dot/product with the flag of Russia 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 Russia.

Product Space of Russia (Flag) and Sierra Leone (Flag) (2021)

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