Sierra Leone (SLE) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Sierra Leone-Colombia Trade: In 2023, Sierra Leone exported $12.1k to Colombia. The main products that Sierra Leone exported to Colombia were Glass Mirrors ($4.78k), Electrical Ignitions ($3.47k), and Other Engines ($1.46k). Over the past 5 years the exports of Sierra Leone to Colombia have decreased at an annualized rate of 37.2%, from $124k in 2018 to $12.1k in 2023.

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

Colombia-Sierra Leone Trade: In 2023, Colombia exported $743k to Sierra Leone. The main products that Colombia exported to Sierra Leone were Baked Goods ($444k), Confectionery Sugar ($235k), and Edible Offal ($64k). Over the past 5 years the exports of Colombia to Sierra Leone have decreased at an annualized rate of 8.11%, from $1.13M in 2018 to $743k in 2023.

In 2023, Colombia 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, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sierra Leone exported $12.1k to Colombia. The main products exported from Sierra Leone to Colombia were Glass Mirrors ($4.78k), Electrical Ignitions ($3.47k), and Other Engines ($1.46k). During the last 5 years the exports of Sierra Leone to Colombia have decreased at an annualized rate of 37.2%, from $124k in 2018 to $12.1k in 2023.

In 2018, Colombia exported $743k to Sierra Leone. The main products exported from Colombia to Sierra Leone were Baked Goods ($444k), Confectionery Sugar ($235k), and Edible Offal ($64k). During the last 5 years the exports of Colombia to Sierra Leone have decreased at an annualized rate of 8.11%, from $1.13M in 2023 to $743k in 2018.

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

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

Latest Data

Trade between Sierra Leone () and Colombia ()

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$1.03B

Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from Sierra Leone than Colombia included Gambia ($475k), French Polynesia ($239k), and Zambia ($77.3k).

In 2023, countries that imported more from Colombia than Sierra Leone included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

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

Comparative Advantage Sierra Leone - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sierra Leone had a large net trade with Colombia in the exports of Machines ($5.47k), Stone And Glass ($4.79k), and Metals ($971).

During 2018, Colombia had a large net trade with Sierra Leone in the exports of Foodstuffs ($679k), Animal Products ($64k), and Textiles ($17).

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 Colombia+$38.8kTitanium Ore

Top Product Potential Colombia Sierra Leone+$95.3kConfectionery Sugar

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 Colombia. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Sierra Leone.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Sierra Leone () and Colombia ()

Colombia Exports

Market Competitiveness

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

Comparative Advantage Sierra Leone - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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