Austria (AUT) and Sierra Leone (SLE) Trade | The Observatory of Economic Complexity

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Austria-Sierra Leone Trade: In 2022, Austria exported $1.06M to Sierra Leone. The main products that Austria exported to Sierra Leone were Interchangeable Tool Parts ($456k), Integrated Circuits ($284k), and Lifting Machinery ($61.5k). Over the past 5 years the exports of Austria to Sierra Leone have increased at an annualized rate of 4.29%, from $861k in 2017 to $1.06M in 2022.

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

Sierra Leone-Austria Trade: In 2022, Sierra Leone exported $973k to Austria. The main products that Sierra Leone exported to Austria were Titanium Ore ($954k), Gold ($9.48k), and Aircraft Parts ($3.3k). Over the past 5 years the exports of Sierra Leone to Austria have decreased at an annualized rate of 19.2%, from $12.6M in 2017 to $973k in 2022.

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

Comparison In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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, Austria exported $1.06M to Sierra Leone. The main products exported from Austria to Sierra Leone were Interchangeable Tool Parts ($456k), Integrated Circuits ($284k), and Lifting Machinery ($61.5k). During the last 5 years the exports of Austria to Sierra Leone have increased at an annualized rate of 4.29%, from $861k in 2017 to $1.06M in 2022.

In 2017, Sierra Leone exported $973k to Austria. The main products exported from Sierra Leone to Austria were Titanium Ore ($954k), Gold ($9.48k), and Aircraft Parts ($3.3k). During the last 5 years the exports of Sierra Leone to Austria have decreased at an annualized rate of 19.2%, from $12.6M in 2022 to $973k in 2017.

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

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

Latest Data

Trade between Austria () and Sierra Leone ()

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Sierra Leone
Top DestinationChina$622M

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

In 2022, countries that imported more from Austria than Sierra Leone included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, no countries were registered that imported more from Sierra Leone than from Austria.

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

Comparative Advantage Austria - Sierra Leone

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Sierra Leone in the exports of Metals ($456k), Machines ($421k), and Chemical Products ($82.6k).

During 2017, Sierra Leone had a large net trade with Austria in the exports of Mineral Products ($954k), Precious Metals ($9.48k), and Machines ($3.79k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Sierra Leone+$124kPackaged Medicaments

Top Product Potential Sierra Leone Austria+$69.3kGold

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Austria () and Sierra Leone ()

Austria Exports

Market Competitiveness

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

Comparative Advantage Austria - Sierra Leone

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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