2022
Flag  
GDP
$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 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
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Sierra Leone-Madagascar Trade: In 2022, Sierra Leone exported $130k to Madagascar. The main products that Sierra Leone exported to Madagascar were Kaolin Coated Paper ($130k). Over the past 8 years the exports of Sierra Leone to Madagascar have increased at an annualized rate of 39.3%, from $9.19k in 2014 to $130k in 2022.

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

Madagascar-Sierra Leone In N/A, Madagascar did not export any products to Sierra Leone.

In 2022, Madagascar 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, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sierra Leone exported $130k to Madagascar. The main products exported from Sierra Leone to Madagascar were Kaolin Coated Paper ($130k). During the last 8 years the exports of Sierra Leone to Madagascar have increased at an annualized rate of 39.3%, from $9.19k in 2014 to $130k in 2022.

Madagascar does not register exports to Sierra Leone.

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

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

Latest Data

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

Madagascar Exports

Market Competitiveness

Color
Sierra Leone
Top Destination
China$622M
Madagascar
Top Destination
United States$756M

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

In 2022, countries that imported more from Sierra Leone than Madagascar included Belgium ($136M), China ($622M), and Ireland ($21.1M).

In 2022, countries that imported more from Madagascar than Sierra Leone included United States ($756M), France ($634M), and Japan ($448M).

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

Comparative Advantage Sierra Leone - Madagascar

Flow
Scale

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

During 2022, Sierra Leone had a large net trade with Madagascar in the exports of Paper Goods ($130k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sierra Leone Madagascar+$1.62kPalm Oil
Top Product Potential Madagascar Sierra Leone+$1.34kRefined Petroleum

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

This visualization shows the product space at the HS4 level with the flags of Sierra Leone and Madagascar. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Madagascar. Similarly, a dot/product with the flag of Madagascar indicates it has a comparative advantage over Sierra Leone.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with