Switzerland (CHE) and Sierra Leone (SLE) Trade | The Observatory of Economic Complexity

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Switzerland-Sierra Leone Trade: In 2022, Switzerland exported $2.65M to Sierra Leone. The main products that Switzerland exported to Sierra Leone were Chocolate ($1.59M), Packaged Medicaments ($485k), and Confectionery Sugar ($242k). Over the past 5 years the exports of Switzerland to Sierra Leone have decreased at an annualized rate of 23.8%, from $10.3M in 2017 to $2.65M in 2022.

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

Sierra Leone-Switzerland Trade: In 2022, Sierra Leone exported $1.48M to Switzerland. The main products that Sierra Leone exported to Switzerland were Coffee ($1.17M), Diamonds ($251k), and Cocoa Beans ($67k). Over the past 5 years the exports of Sierra Leone to Switzerland have decreased at an annualized rate of 16.2%, from $3.59M in 2017 to $1.48M in 2022.

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

Comparison In 2022, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). 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, Switzerland exported $2.65M to Sierra Leone. The main products exported from Switzerland to Sierra Leone were Chocolate ($1.59M), Packaged Medicaments ($485k), and Confectionery Sugar ($242k). During the last 5 years the exports of Switzerland to Sierra Leone have decreased at an annualized rate of 23.8%, from $10.3M in 2017 to $2.65M in 2022.

In 2017, Sierra Leone exported $1.48M to Switzerland. The main products exported from Sierra Leone to Switzerland were Coffee ($1.17M), Diamonds ($251k), and Cocoa Beans ($67k). During the last 5 years the exports of Sierra Leone to Switzerland have decreased at an annualized rate of 16.2%, from $3.59M in 2022 to $1.48M in 2017.

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

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

Latest Data

Trade between Switzerland () and Sierra Leone ()

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationUnited States$61.7B

Sierra Leone
Top DestinationChina$622M

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

In 2022, countries that imported more from Switzerland than Sierra Leone included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

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

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

Comparative Advantage Switzerland - Sierra Leone

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Switzerland had a large net trade with Sierra Leone in the exports of Foodstuffs ($1.84M), Chemical Products ($491k), and Machines ($134k).

During 2017, Sierra Leone had a large net trade with Switzerland in the exports of Vegetable Products ($1.17M), Precious Metals ($251k), and Foodstuffs ($67k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Switzerland Sierra Leone+$1.06MPackaged Medicaments

Top Product Potential Sierra Leone Switzerland+$781kDiamonds

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Switzerland () and Sierra Leone ()

Switzerland Exports

Market Competitiveness

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

Comparative Advantage Switzerland - Sierra Leone

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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