Sierra Leone (SLE) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Sierra Leone-Bolivia Trade: In 2023, Sierra Leone exported $22.7k to Bolivia. The main products that Sierra Leone exported to Bolivia were Large Flat-Rolled Iron ($9.69k), Air Pumps ($4.06k), and Engine Parts ($3.42k). Over the past 5 years the exports of Sierra Leone to Bolivia have increased at an annualized rate of 3.03%, from $19.5k in 2018 to $22.7k in 2023.

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

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

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

Comparison In 2023, Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index. That same year, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sierra Leone exported $22.7k to Bolivia. The main products exported from Sierra Leone to Bolivia were Large Flat-Rolled Iron ($9.69k), Air Pumps ($4.06k), and Engine Parts ($3.42k). During the last 5 years the exports of Sierra Leone to Bolivia have increased at an annualized rate of 3.03%, from $19.5k in 2018 to $22.7k in 2023.

Bolivia does not register exports to Sierra Leone.

Exports from Sierra Leone () to Bolivia () (2023)

Exports from Bolivia () to Sierra Leone () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$1.03B

Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Sierra Leone than Bolivia included Ireland ($48M), Kazakhstan ($14.5M), and Czechia ($6.58M).

In 2023, countries that imported more from Bolivia than Sierra Leone included Brazil ($1.54B), India ($1.33B), and Argentina ($1.15B).

Difference in imports from Bolivia () and Sierra Leone () (2023)

Comparative Advantage Sierra Leone - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sierra Leone had a large net trade with Bolivia in the exports of Machines ($10.1k), Metals ($9.69k), and Plastics and Rubbers ($1.11k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Sierra Leone Bolivia+$4.4kOther Rubber Products

Top Product Potential Bolivia Sierra Leone+$1.27kRefined Petroleum

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

Year

This visualization shows the product space at the HS4 level with the flags of Sierra Leone and Bolivia. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Sierra Leone.

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Historical Data

Bilateral Trade by Products

Exports from Sierra Leone () to Bolivia () (2023)

Exports from Bolivia () to Sierra Leone () (2023)

Market Competitiveness

Difference in imports from Bolivia () and Sierra Leone () (2023)

Comparative Advantage Sierra Leone - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sierra Leone () and Bolivia () (2023)

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