2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP
$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
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GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 186
2022
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GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC
$461CURRENT US$
Rnk 184 / 186
2012-2022
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GDP PC GROWTH
-17.3%CURRENT US$
Rnk 168 / 186

About

Finland-Sierra Leone Trade: In 2022, Finland exported $613k to Sierra Leone. The main products that Finland exported to Sierra Leone were Delivery Trucks ($274k), Other Measuring Instruments ($115k), and Other Plastic Products ($46.5k). Over the past 5 years the exports of Finland to Sierra Leone have increased at an annualized rate of 4.07%, from $502k in 2017 to $613k in 2022.

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

Sierra Leone-Finland Trade: In 2022, Sierra Leone exported $737k to Finland. The main products that Sierra Leone exported to Finland were Electric Heaters ($146k), Cars ($138k), and Electrical Transformers ($98.2k). Over the past 5 years the exports of Sierra Leone to Finland have increased at an annualized rate of 20.2%,  from $204k in 2017 to $737k in 2022.

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

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41),  and 46 in total exports ($89.9B). 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
Value

In 2022, Finland exported $613k to Sierra Leone. The main products exported from Finland to Sierra Leone were Delivery Trucks ($274k), Other Measuring Instruments ($115k), and Other Plastic Products ($46.5k). During the last 5 years the exports of Finland to Sierra Leone have increased at an annualized rate of 4.07%, from $502k in 2017 to $613k in 2022.

In 2017, Sierra Leone exported $737k to Finland. The main products exported from Sierra Leone to Finland were Electric Heaters ($146k), Cars ($138k), and Electrical Transformers ($98.2k). During the last 5 years the exports of Sierra Leone to Finland have increased at an annualized rate of 20.2%, from $204k in 2022 to $737k in 2017.

Exports from Finland (Flag) to Sierra Leone (Flag) (2022)

Exports from Sierra Leone (Flag) to Finland (Flag) (2022)

Latest Data

Trade between Finland (Flag) and Sierra Leone (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Sierra Leone
Top Destination
China$622M

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

In 2022, countries that imported more from Finland than Sierra Leone included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

In 2022, countries that imported more from Sierra Leone than Finland included Central African Republic ($4k).

Difference in imports from Sierra Leone (Flag) and Finland (Flag) (2022)

Comparative Advantage Finland - Sierra Leone

Flow
Scale

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

During 2022, Finland had a large net trade with Sierra Leone in the exports of Transportation ($290k), Instruments ($142k), and Machines ($85.5k).

During 2017, Sierra Leone had a large net trade with Finland in the exports of Machines ($284k), Transportation ($140k), and Metals ($103k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Sierra Leone+$144kDelivery Trucks
Top Product Potential Sierra Leone Finland+$109kCars

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

This visualization shows the product space at the HS4 level with the flags of Finland and Sierra Leone. This means that a dot/product with the flag of Finland 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 Finland.

Product Space of Finland (Flag) and Sierra Leone (Flag) (2022)

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