2022
Flag  
GDP
$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
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GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Sierra Leone-Italy Trade: In 2022, Sierra Leone exported $1.42M to Italy. The main products that Sierra Leone exported to Italy were Oscilloscopes ($820k), Coffee ($425k), and Stearic Acid ($133k). Over the past 5 years the exports of Sierra Leone to Italy have increased at an annualized rate of 29.2%, from $394k in 2017 to $1.42M in 2022.

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

Italy-Sierra Leone Trade: In 2022, Italy exported $17.5M to Sierra Leone. The main products that Italy exported to Sierra Leone were Vaccines, blood, antisera, toxins and cultures ($7.2M), Electric Generating Sets ($1.85M), and Other Plastic Products ($1.64M). Over the past 5 years the exports of Italy to Sierra Leone have increased at an annualized rate of 3.92%,  from $11.9M in 2017 to $17.5M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sierra Leone exported $1.42M to Italy. The main products exported from Sierra Leone to Italy were Oscilloscopes ($820k), Coffee ($425k), and Stearic Acid ($133k). During the last 5 years the exports of Sierra Leone to Italy have increased at an annualized rate of 29.2%, from $394k in 2017 to $1.42M in 2022.

In 2017, Italy exported $17.5M to Sierra Leone. The main products exported from Italy to Sierra Leone were Vaccines, blood, antisera, toxins and cultures ($7.2M), Electric Generating Sets ($1.85M), and Other Plastic Products ($1.64M). During the last 5 years the exports of Italy to Sierra Leone have increased at an annualized rate of 3.92%, from $11.9M in 2022 to $17.5M in 2017.

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

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

Latest Data

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

Italy Exports

Market Competitiveness

Color
Sierra Leone
Top Destination
China$622M
Italy
Top Destination
Germany$78.5B

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

In 2022, no countries were registered that imported more from Sierra Leone than from Italy.

In 2022, countries that imported more from Italy than Sierra Leone included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Sierra Leone - Italy

Flow
Scale

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

During 2022, Sierra Leone had a large net trade with Italy in the exports of Instruments ($820k), Vegetable Products ($440k), and Animal and Vegetable Bi-Products ($133k).

During 2017, Italy had a large net trade with Sierra Leone in the exports of Chemical Products ($7.62M), Machines ($4.17M), and Plastics and Rubbers ($1.87M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sierra Leone Italy+$485kCoffee
Top Product Potential Italy Sierra Leone+$1.72MVaccines, blood, antisera, toxins and cultures

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

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

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