2023
Flag  
GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
 GDP
$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH
-16.7%CURRENT US$
Rnk 188 / 195
2023
Flag
GDP PC 
$13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195
2023
Flag
GDP PC
$758CURRENT US$
Rnk 185 / 196
2013-2023
Flag
GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195

About

Turkey-Sierra Leone Trade: In 2023, Turkey exported $85.4M to Sierra Leone. The main products that Turkey exported to Sierra Leone were Wheat Flours ($15.6M), Raw Iron Bars ($12.3M), and Refined Petroleum ($6.44M). Over the past 5 years the exports of Turkey to Sierra Leone have increased at an annualized rate of 5.86%, from $64.2M in 2018 to $85.4M in 2023.

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

Sierra Leone-Turkey Trade: In 2023, Sierra Leone exported $1.98M to Turkey. The main products that Sierra Leone exported to Turkey were Scrap Vessels ($1.17M), Gold ($460k), and Other Vegetable Residues ($165k). Over the past 5 years the exports of Sierra Leone to Turkey have decreased at an annualized rate of 6.76%,  from $2.82M in 2018 to $1.98M in 2023.

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

Comparison In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62),  and 28 in total exports ($272B). That same year, Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkey exported $85.4M to Sierra Leone. The main products exported from Turkey to Sierra Leone were Wheat Flours ($15.6M), Raw Iron Bars ($12.3M), and Refined Petroleum ($6.44M). During the last 5 years the exports of Turkey to Sierra Leone have increased at an annualized rate of 5.86%, from $64.2M in 2018 to $85.4M in 2023.

In 2018, Sierra Leone exported $1.98M to Turkey. The main products exported from Sierra Leone to Turkey were Scrap Vessels ($1.17M), Gold ($460k), and Other Vegetable Residues ($165k). During the last 5 years the exports of Sierra Leone to Turkey have decreased at an annualized rate of 6.76%, from $2.82M in 2023 to $1.98M in 2018.

Exports from Turkey (Flag) to Sierra Leone (Flag) (2023)

Exports from Sierra Leone (Flag) to Turkey (Flag) (2023)

Latest Data

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

Turkey Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$24.7B
Sierra Leone
Top Destination
China$1.03B

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

In 2023, countries that imported more from Turkey than Sierra Leone included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

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

Difference in imports from Sierra Leone (Flag) and Turkey (Flag) (2023)

Comparative Advantage Turkey - Sierra Leone

Flow
Scale

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

During 2023, Turkey had a large net trade with Sierra Leone in the exports of Metals ($19.5M), Vegetable Products ($15.7M), and Machines ($10.3M).

During 2018, Sierra Leone had a large net trade with Turkey in the exports of Transportation ($1.19M), Precious Metals ($460k), and Foodstuffs ($168k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Sierra Leone+$2.13MRefined Petroleum
Top Product Potential Sierra Leone Turkey+$455kTitanium Ore

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

Product Space of Turkey (Flag) and Sierra Leone (Flag) (2023)

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