Australia (AUS) and Sierra Leone (SLE) Trade | The Observatory of Economic Complexity

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Australia-Sierra Leone Trade: In 2022, Australia exported $1.26M to Sierra Leone. The main products that Australia exported to Sierra Leone were Malt Extract ($532k), Excavation Machinery ($137k), and Other Rubber Products ($100k). Over the past 5 years the exports of Australia to Sierra Leone have decreased at an annualized rate of 18.1%, from $3.43M in 2017 to $1.26M in 2022.

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

Sierra Leone-Australia Trade: In 2022, Sierra Leone exported $1.94M to Australia. The main products that Sierra Leone exported to Australia were N/A. Over the past 5 years the exports of Sierra Leone to Australia have decreased at an annualized rate of 27.1%, from $12.9M in 2017 to $1.94M in 2022.

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

Comparison In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Sierra Leone ranked 159 in total exports ($1.15B), 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 2022, Australia exported $1.26M to Sierra Leone. The main products exported from Australia to Sierra Leone were Malt Extract ($532k), Excavation Machinery ($137k), and Other Rubber Products ($100k). During the last 5 years the exports of Australia to Sierra Leone have decreased at an annualized rate of 18.1%, from $3.43M in 2017 to $1.26M in 2022.

In 2017, Sierra Leone exported $1.94M to Australia. There were not main exports from Sierra Leone to Australia in 2017. During the last 5 years the exports of Sierra Leone to Australia have decreased at an annualized rate of 27.1%, from $12.9M in 2022 to $1.94M in 2017.

Exports from Australia () to Sierra Leone () (2022)

Exports from Sierra Leone () to Australia () (2022)

Latest Data

Trade between Australia () and Sierra Leone ()

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationN/AN/A

Sierra Leone
Top DestinationN/AN/A

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

N/A

Difference in imports from Sierra Leone () and Australia () (2022)

Comparative Advantage Australia - Sierra Leone

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Australia had a large net trade with Sierra Leone in the exports of Foodstuffs ($532k), Machines ($248k), and Plastics and Rubbers ($133k).

During 2017, Sierra Leone had a large net trade with Australia in the exports of Machines ($968k), Textiles ($339k), and Stone And Glass ($192k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Australia Sierra Leone+$101kExcavation Machinery

Top Product Potential Sierra Leone Australia+$189kCentrifuges

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

About

Historical Data

Bilateral Trade by Products

Exports from Australia () to Sierra Leone () (2022)

Exports from Sierra Leone () to Australia () (2022)

Latest Data

Trade between Australia () and Sierra Leone ()

Australia Exports

Market Competitiveness

Difference in imports from Sierra Leone () and Australia () (2022)

Comparative Advantage Australia - Sierra Leone

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Australia () and Sierra Leone () (2022)

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