2022
Flag  
GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP
$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
GDP PC 
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC
$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH
-17.3%CURRENT US$
Rnk 168 / 186

About

Guatemala-Sierra Leone Trade: In 2022, Guatemala exported $4.99M to Sierra Leone. The main products that Guatemala exported to Sierra Leone were Raw Sugar ($4.99M) and Packing Bags ($2.66k). Over the past 8 years the exports of Guatemala to Sierra Leone have increased at an annualized rate of 5.78%, from $3.18M in 2014 to $4.99M in 2022.

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

Sierra Leone-Guatemala Trade: In 2022, Sierra Leone exported $109k to Guatemala. The main products that Sierra Leone exported to Guatemala were Cars ($36.5k), Packaged Medicaments ($12.7k), and Industrial Printers ($12.5k). Over the past 8 years the exports of Sierra Leone to Guatemala have increased at an annualized rate of 25.6%,  from $34.8k in 2014 to $109k in 2022.

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

Comparison In 2022,  Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2),  and 84 in total exports ($16.4B). 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, Guatemala exported $4.99M to Sierra Leone. The main products exported from Guatemala to Sierra Leone were Raw Sugar ($4.99M) and Packing Bags ($2.66k). During the last 8 years the exports of Guatemala to Sierra Leone have increased at an annualized rate of 5.78%, from $3.18M in 2014 to $4.99M in 2022.

In 2017, Sierra Leone exported $109k to Guatemala. The main products exported from Sierra Leone to Guatemala were Cars ($36.5k), Packaged Medicaments ($12.7k), and Industrial Printers ($12.5k). During the last 5 years the exports of Sierra Leone to Guatemala have increased at an annualized rate of 25.6%, from $34.8k in 2022 to $109k in 2017.

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

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

Latest Data

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

Guatemala Exports

Market Competitiveness

Color
Guatemala
Top Destination
United States$5.23B
Sierra Leone
Top Destination
China$622M

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

In 2022, countries that imported more from Guatemala than Sierra Leone included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

In 2022, countries that imported more from Sierra Leone than Guatemala included China ($622M), Belgium ($136M), and India ($36.5M).

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

Comparative Advantage Guatemala - Sierra Leone

Flow
Scale

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

During 2022, Guatemala had a large net trade with Sierra Leone in the exports of Foodstuffs ($4.99M) and Textiles ($2.66k).

During 2017, Sierra Leone had a large net trade with Guatemala in the exports of Machines ($39.4k), Transportation ($37.4k), and Chemical Products ($12.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Sierra Leone+$6.4kPacking Bags
Top Product Potential Sierra Leone Guatemala+$37.7kCars

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

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

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