Armenia (ARM) and Sierra Leone (SLE) Trade | The Observatory of Economic Complexity

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In N/A, Armenia did not export any services to Sierra Leone.

Sierra Leone-Armenia Trade: In N/A, Sierra Leone exported $171k to Armenia. The main products that Sierra Leone exported to Armenia were Diamonds ($136k), Toilet Paper ($10.3k), and Seats ($10.2k). Over the past N/A years the exports of Sierra Leone to Armenia have decreased at an annualized rate of 5.79%, from $292k in N/A to $171k in N/A.

In N/A, Sierra Leone did not export any services to Armenia.

Comparison In 2023, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B). 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

Armenia does not register exports to Sierra Leone.

In 2018, Sierra Leone exported $171k to Armenia. The main products exported from Sierra Leone to Armenia were Diamonds ($136k), Toilet Paper ($10.3k), and Seats ($10.2k). During the last 5 years the exports of Sierra Leone to Armenia have decreased at an annualized rate of 5.79%, from $292k in 2023 to $171k in 2018.

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

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

Latest Data

Trade between Armenia () and Sierra Leone ()

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$3.38B

Sierra Leone
Top DestinationChina$1.03B

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

In 2023, countries that imported more from Armenia than Sierra Leone included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

In 2023, countries that imported more from Sierra Leone than Armenia included China ($1.03B), India ($96.5M), and Ireland ($48M).

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

Comparative Advantage Armenia - Sierra Leone

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Sierra Leone had a large net trade with Armenia in the exports of Precious Metals ($136k), Paper Goods ($10.3k), and Miscellaneous ($10.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia Sierra Leone+$1.51kCars

Top Product Potential Sierra Leone Armenia+$190kDiamonds

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Armenia () and Sierra Leone ()

Armenia Exports

Market Competitiveness

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

Comparative Advantage Armenia - Sierra Leone

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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