2023
Flag  
GDP
$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH
94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
 GDP
$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH
-16.7%CURRENT US$
Rnk 188 / 195
2023
Flag
GDP PC 
$79,637CURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP PC GROWTH
59.9%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC
$758CURRENT US$
Rnk 185 / 196
2013-2023
Flag
GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195

About

Iceland-Sierra Leone Trade: In 2018, Iceland exported $8k to Sierra Leone. The main products that Iceland exported to Sierra Leone were N/A. Over the past 9 years the exports of Iceland to Sierra Leone have decreased at an annualized rate of 0.28%, from $8.2k in 2009 to $8k in 2018.

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

Sierra Leone-Iceland Trade: In 2018, Sierra Leone exported $28.5k to Iceland. The main products that Sierra Leone exported to Iceland were Imitation Jewellery ($11.8k), Wood Ornaments ($10.9k), and Knit Sweaters ($1.87k). Over the past 9 years the exports of Sierra Leone to Iceland have increased at an annualized rate of 39.5%,  from $5.4k in 2009 to $28.5k in 2018.

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

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B). That same year, Sierra Leone ranked 152 in total exports ($1.52B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Iceland exported $8k to Sierra Leone. There were not main exports from Iceland to Sierra Leone in 2018. During the last 9 years the exports of Iceland to Sierra Leone have decreased at an annualized rate of 0.28%, from $8.2k in 2009 to $8k in 2018.

In 2018, Sierra Leone exported $28.5k to Iceland. The main products exported from Sierra Leone to Iceland were Imitation Jewellery ($11.8k), Wood Ornaments ($10.9k), and Knit Sweaters ($1.87k). During the last 5 years the exports of Sierra Leone to Iceland have increased at an annualized rate of 39.5%, from $5.4k in 2023 to $28.5k in 2018.

Exports from Iceland (Flag) to Sierra Leone (Flag) (2023)

Exports from Sierra Leone (Flag) to Iceland (Flag) (2023)

Latest Data

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

Iceland Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Sierra Leone
Top Destination
China$1.03B

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

In 2023, countries that imported more from Iceland than Sierra Leone included Netherlands ($1.97B), Germany ($771M), and United States ($735M).

In 2023, countries that imported more from Sierra Leone than Iceland included China ($1.03B), India ($96.5M), and United Arab Emirates ($47.8M).

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

Comparative Advantage Iceland - Sierra Leone

Flow
Scale

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

During 2018, Iceland had a large net trade with Sierra Leone in the exports of .

During 2018, Sierra Leone had a large net trade with Iceland in the exports of Wood Products ($11.9k), Precious Metals ($11.8k), and Textiles ($2.34k).

Economic Complexity

Competitive Landscape

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

Product Space of Iceland (Flag) and Sierra Leone (Flag) (2023)

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