2023
Flag  
GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
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GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP
$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH
-16.7%CURRENT US$
Rnk 188 / 195
2023
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GDP PC 
$1,541CURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC
$758CURRENT US$
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2013-2023
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GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195

About

Guinea-Sierra Leone Trade: In 2018, Guinea exported $27M to Sierra Leone. The main products that Guinea exported to Sierra Leone were N/A. Over the past 5 years the exports of Guinea to Sierra Leone have increased at an annualized rate of 10.3%, from $16.5M in 2013 to $27M in 2018.

In 2018, Guinea did not export any services to Sierra Leone.

Sierra Leone-Guinea Trade: In 2018, Sierra Leone exported $9.23M to Guinea. The main products that Sierra Leone exported to Guinea were N/A. Over the past 5 years the exports of Sierra Leone to Guinea have increased at an annualized rate of 45.1%,  from $681k in 2013 to $9.23M in 2018.

In 2018, Sierra Leone did not export any services to Guinea.

Comparison In 2023,  Guinea ranked 131 in the Economic Complexity Index (ECI -2.18),  and 83 in total exports ($18B). 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
Value

In 2018, Guinea exported $27M to Sierra Leone. There were not main exports from Guinea to Sierra Leone in 2018. During the last 5 years the exports of Guinea to Sierra Leone have increased at an annualized rate of 10.3%, from $16.5M in 2013 to $27M in 2018.

In 2013, Sierra Leone exported $9.23M to Guinea. There were not main exports from Sierra Leone to Guinea in 2013. During the last 5 years the exports of Sierra Leone to Guinea have increased at an annualized rate of 45.1%, from $681k in 2018 to $9.23M in 2013.

Exports from Guinea (Flag) to Sierra Leone (Flag) (2018)

Exports from Sierra Leone (Flag) to Guinea (Flag) (2018)

Market Competitiveness

Color
Guinea
Top Destination
United Arab Emirates$9.05B
Sierra Leone
Top Destination
China$1.03B

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

In 2023, countries that imported more from Guinea than Sierra Leone included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

In 2023, countries that imported more from Sierra Leone than Guinea included Belgium ($72.5M), Japan ($34.8M), and Kazakhstan ($14.5M).

Difference in imports from Sierra Leone (Flag) and Guinea (Flag) (2023)

Comparative Advantage Guinea - Sierra Leone

Flow
Scale

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

During 2018, Guinea had a large net trade with Sierra Leone in the exports of N/A.

During 2013, Sierra Leone had a large net trade with Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Sierra Leone+$1.44kRefined Petroleum
Top Product Potential Sierra Leone Guinea+$1.92kPalm Oil

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

Product Space of Guinea (Flag) and Sierra Leone (Flag) (2018)

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