2023
Flag  
GDP
$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH
-16.7%CURRENT US$
Rnk 188 / 195
2023
Flag
 GDP
$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH
9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC 
$758CURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC
$3,828CURRENT US$
Rnk 132 / 196
2013-2023
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GDP PC GROWTH
2.34%CURRENT US$
Rnk 150 / 195

About

Sierra Leone-Sri Lanka Trade: In 2023, Sierra Leone exported $218k to Sri Lanka. The main products that Sierra Leone exported to Sri Lanka were Tea ($97.8k), Valves ($45.7k), and Titanium Ore ($30.5k). Over the past 6 years the exports of Sierra Leone to Sri Lanka have increased at an annualized rate of 68.6%, from $9.48k in 2017 to $218k in 2023.

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

Sri Lanka-Sierra Leone Trade: In 2023, Sri Lanka exported $15.9M to Sierra Leone. The main products that Sri Lanka exported to Sierra Leone were Documents of title (bonds etc) and unused stamps ($13.6M), Baked Goods ($1.04M), and Aluminium Cans ($741k). Over the past 6 years the exports of Sri Lanka to Sierra Leone have increased at an annualized rate of 109%,  from $403k in 2017 to $15.9M in 2023.

In 2023, Sri Lanka 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, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sierra Leone exported $218k to Sri Lanka. The main products exported from Sierra Leone to Sri Lanka were Tea ($97.8k), Valves ($45.7k), and Titanium Ore ($30.5k). During the last 6 years the exports of Sierra Leone to Sri Lanka have increased at an annualized rate of 68.6%, from $9.48k in 2017 to $218k in 2023.

In 2018, Sri Lanka exported $15.9M to Sierra Leone. The main products exported from Sri Lanka to Sierra Leone were Documents of title (bonds etc) and unused stamps ($13.6M), Baked Goods ($1.04M), and Aluminium Cans ($741k). During the last 5 years the exports of Sri Lanka to Sierra Leone have increased at an annualized rate of 109%, from $403k in 2023 to $15.9M in 2018.

Exports from Sierra Leone (Flag) to Sri Lanka (Flag) (2023)

Exports from Sri Lanka (Flag) to Sierra Leone (Flag) (2023)

Latest Data

Trade between Sierra Leone (Flag) and Sri Lanka (Flag)

Sri Lanka Exports

Date

Market Competitiveness

Color
Sierra Leone
Top Destination
China$1.03B
Sri Lanka
Top Destination
United States$2.98B

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

In 2023, countries that imported more from Sierra Leone than Sri Lanka included China ($1.03B), Kazakhstan ($14.5M), and Senegal ($4.8M).

In 2023, countries that imported more from Sri Lanka than Sierra Leone included United States ($2.98B), India ($991M), and United Kingdom ($900M).

Difference in imports from Sri Lanka (Flag) and Sierra Leone (Flag) (2023)

Comparative Advantage Sierra Leone - Sri Lanka

Flow
Scale

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

During 2023, Sierra Leone had a large net trade with Sri Lanka in the exports of Vegetable Products ($97.8k), Machines ($61.3k), and Mineral Products ($30.5k).

During 2018, Sri Lanka had a large net trade with Sierra Leone in the exports of Paper Goods ($13.6M), Foodstuffs ($1.04M), and Metals ($741k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sierra Leone Sri Lanka+$2.4kDiamonds
Top Product Potential Sri Lanka Sierra Leone+$1.28kExcavation Machinery

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

Product Space of Sierra Leone (Flag) and Sri Lanka (Flag) (2023)

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