Sierra Leone (SLE) and Italy (ITA) Trade | The Observatory of Economic Complexity

About

Sierra Leone-Italy Trade: In 2023, Sierra Leone exported $608k to Italy. The main products that Sierra Leone exported to Italy were Coffee ($308k), Cocoa Beans ($99.7k), and Diamonds ($66.8k). Over the past 5 years the exports of Sierra Leone to Italy have decreased at an annualized rate of 1.31%, from $649k in 2018 to $608k in 2023.

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

Italy-Sierra Leone Trade: In 2023, Italy exported $18.3M to Sierra Leone. The main products that Italy exported to Sierra Leone were Washing and Bottling Machines ($6.68M), Rubberworking Machinery ($2.3M), and Tractors ($951k). Over the past 5 years the exports of Italy to Sierra Leone have increased at an annualized rate of 14.6%, from $9.29M in 2018 to $18.3M in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sierra Leone exported $608k to Italy. The main products exported from Sierra Leone to Italy were Coffee ($308k), Cocoa Beans ($99.7k), and Diamonds ($66.8k). During the last 5 years the exports of Sierra Leone to Italy have decreased at an annualized rate of 1.31%, from $649k in 2018 to $608k in 2023.

In 2018, Italy exported $18.3M to Sierra Leone. The main products exported from Italy to Sierra Leone were Washing and Bottling Machines ($6.68M), Rubberworking Machinery ($2.3M), and Tractors ($951k). During the last 5 years the exports of Italy to Sierra Leone have increased at an annualized rate of 14.6%, from $9.29M in 2023 to $18.3M in 2018.

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

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

Latest Data

Trade between Sierra Leone () and Italy ()

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$1.03B

Italy
Top DestinationGermany$71.4B

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 2023, no countries were registered that imported more from Sierra Leone than from Italy.

In 2023, countries that imported more from Italy than Sierra Leone included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Sierra Leone - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sierra Leone had a large net trade with Italy in the exports of Vegetable Products ($317k), Precious Metals ($131k), and Foodstuffs ($99.7k).

During 2018, Italy had a large net trade with Sierra Leone in the exports of Machines ($12.9M), Transportation ($1.15M), and Chemical Products ($1.01M).

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 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Sierra Leone () and Italy ()

Italy Exports

Market Competitiveness

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

Comparative Advantage Sierra Leone - Italy

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring