Albania (ALB) and Sierra Leone (SLE) Trade | The Observatory of Economic Complexity

About

Albania-Sierra Leone Trade: In 2018, Albania exported $38k to Sierra Leone. The main products that Albania exported to Sierra Leone were N/A. Over the past 6 years the exports of Albania to Sierra Leone have increased at an annualized rate of 1.87%, from $34k in 2012 to $38k in 2018.

In 2018, Albania did not export any services to Sierra Leone.

Sierra Leone-Albania Trade: In 2018, Sierra Leone exported $15.8k to Albania. The main products that Sierra Leone exported to Albania were N/A. Over the past 6 years the exports of Sierra Leone to Albania have increased at an annualized rate of 28.9%, from $4.44k in 2012 to $15.8k in 2018.

In 2018, Sierra Leone did not export any services to Albania.

Comparison In 2023, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Albania exported $38k to Sierra Leone. There were not main exports from Albania to Sierra Leone in 2018. During the last 6 years the exports of Albania to Sierra Leone have increased at an annualized rate of 1.87%, from $34k in 2012 to $38k in 2018.

In 2008, Sierra Leone exported $15.8k to Albania. There were not main exports from Sierra Leone to Albania in 2008. During the last 5 years the exports of Sierra Leone to Albania have increased at an annualized rate of 28.9%, from $4.44k in 2013 to $15.8k in 2008.

Exports from Albania () to Sierra Leone () (2018)

Exports from Sierra Leone () to Albania () (2018)

Latest Data

Trade between Albania () and Sierra Leone ()

Albania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.72B

Sierra Leone
Top DestinationChina$1.03B

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

In 2023, countries that imported more from Albania than Sierra Leone included Italy ($1.72B), Greece ($409M), and Germany ($234M).

In 2023, countries that imported more from Sierra Leone than Albania included China ($1.03B), India ($96.5M), and Belgium ($72.5M).

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

Comparative Advantage Albania - Sierra Leone

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Albania had a large net trade with Sierra Leone in the exports of .

During 2008, Sierra Leone had a large net trade with Albania in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Sierra Leone+$1.16kRefined Petroleum

Top Product Potential Sierra Leone Albania+$1.09kScrap Iron

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 Albania and Sierra Leone. This means that a dot/product with the flag of Albania 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 Albania.

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Sierra Leone () (2018)

Exports from Sierra Leone () to Albania () (2018)

Latest Data

Trade between Albania () and Sierra Leone ()

Albania Exports

Market Competitiveness

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

Comparative Advantage Albania - Sierra Leone

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 Albania () and Sierra Leone () (2018)

Keep Exploring