2022
Flag  
GDP
$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH
-17.3%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Sierra Leone-Colombia Trade: In 2022, Sierra Leone exported $74.3k to Colombia. The main products that Sierra Leone exported to Colombia were Utility Meters ($24.8k), Titanium Ore ($15.2k), and Low-voltage Protection Equipment ($9.01k). Over the past 5 years the exports of Sierra Leone to Colombia have increased at an annualized rate of 18.1%, from $32.3k in 2017 to $74.3k in 2022.

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

Colombia-Sierra Leone Trade: In 2022, Colombia exported $1.61M to Sierra Leone. The main products that Colombia exported to Sierra Leone were Baked Goods ($1.15M), Confectionery Sugar ($357k), and Edible Offal ($64.9k). Over the past 5 years the exports of Colombia to Sierra Leone have increased at an annualized rate of 14%,  from $836k in 2017 to $1.61M in 2022.

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

Comparison In 2022,  Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index. That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sierra Leone exported $74.3k to Colombia. The main products exported from Sierra Leone to Colombia were Utility Meters ($24.8k), Titanium Ore ($15.2k), and Low-voltage Protection Equipment ($9.01k). During the last 5 years the exports of Sierra Leone to Colombia have increased at an annualized rate of 18.1%, from $32.3k in 2017 to $74.3k in 2022.

In 2017, Colombia exported $1.61M to Sierra Leone. The main products exported from Colombia to Sierra Leone were Baked Goods ($1.15M), Confectionery Sugar ($357k), and Edible Offal ($64.9k). During the last 5 years the exports of Colombia to Sierra Leone have increased at an annualized rate of 14%, from $836k in 2022 to $1.61M in 2017.

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

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

Latest Data

Trade between Sierra Leone (Flag) and Colombia (Flag)

Colombia Exports

Market Competitiveness

Color
Sierra Leone
Top Destination
China$622M
Colombia
Top Destination
United States$15.6B

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 2022, countries that imported more from Sierra Leone than Colombia included Kazakhstan ($12.3M), Niger ($105k), and Namibia ($53.1k).

In 2022, countries that imported more from Colombia than Sierra Leone included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Sierra Leone - Colombia

Flow
Scale

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

During 2022, Sierra Leone had a large net trade with Colombia in the exports of Machines ($29.4k), Instruments ($24.8k), and Mineral Products ($15.2k).

During 2017, Colombia had a large net trade with Sierra Leone in the exports of Foodstuffs ($1.51M), Animal Products ($64.9k), and Machines ($38.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

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

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