Sierra Leone (SLE) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Sierra Leone-Uruguay Trade: In 2023, Sierra Leone exported $232 to Uruguay. The main products that Sierra Leone exported to Uruguay were Electrical Ignitions ($169), Rubber Apparel ($59), and Knit T-shirts ($4). Over the past 6 years the exports of Sierra Leone to Uruguay have decreased at an annualized rate of 51.6%, from $18.1k in 2017 to $232 in 2023.

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

Uruguay-Sierra Leone Trade: In 2023, Uruguay exported $6.32M to Sierra Leone. The main products that Uruguay exported to Sierra Leone were Rice ($5.92M), Malt Extract ($362k), and Edible Offal ($33.4k). Over the past 6 years the exports of Uruguay to Sierra Leone have decreased at an annualized rate of 14.9%, from $14.2M in 2017 to $6.32M in 2023.

In 2023, Uruguay 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, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sierra Leone exported $232 to Uruguay. The main products exported from Sierra Leone to Uruguay were Electrical Ignitions ($169), Rubber Apparel ($59), and Knit T-shirts ($4). During the last 6 years the exports of Sierra Leone to Uruguay have decreased at an annualized rate of 51.6%, from $18.1k in 2017 to $232 in 2023.

In 2018, Uruguay exported $6.32M to Sierra Leone. The main products exported from Uruguay to Sierra Leone were Rice ($5.92M), Malt Extract ($362k), and Edible Offal ($33.4k). During the last 5 years the exports of Uruguay to Sierra Leone have decreased at an annualized rate of 14.9%, from $14.2M in 2023 to $6.32M in 2018.

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

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

Latest Data

Trade between Sierra Leone () and Uruguay ()

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$1.03B

Uruguay
Top DestinationChina$2.34B

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

In 2023, countries that imported more from Sierra Leone than Uruguay included Ireland ($48M), United Arab Emirates ($47.8M), and Kazakhstan ($14.5M).

In 2023, countries that imported more from Uruguay than Sierra Leone included Brazil ($1.92B), China ($2.34B), and United States ($880M).

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

Comparative Advantage Sierra Leone - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sierra Leone had a large net trade with Uruguay in the exports of Machines ($169), Plastics and Rubbers ($59), and Textiles ($4).

During 2018, Uruguay had a large net trade with Sierra Leone in the exports of Vegetable Products ($5.92M), Foodstuffs ($362k), and Animal Products ($33.4k).

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 Uruguay+$3.12kElectrical Ignitions

Top Product Potential Uruguay Sierra Leone+$21.7kEdible Offal

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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Sierra Leone () and Uruguay ()

Uruguay Exports

Market Competitiveness

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

Comparative Advantage Sierra Leone - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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