Liberia (LBR) and Sierra Leone (SLE) Trade | The Observatory of Economic Complexity

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Liberia-Sierra Leone Trade: In 2023, Liberia exported $231k to Sierra Leone. The main products that Liberia exported to Sierra Leone were Other Plastic Products ($62.5k), Cars ($45.6k), and Large Construction Vehicles ($35k). Over the past 5 years the exports of Liberia to Sierra Leone have decreased at an annualized rate of 54.1%, from $11.4M in 2018 to $231k in 2023.

In 2023, Liberia did not export any services to Sierra Leone.

Sierra Leone-Liberia Trade: In 2023, Sierra Leone exported $683k to Liberia. The main products that Sierra Leone exported to Liberia were Processed Crustaceans ($572k), Beer ($59.3k), and Legume Flours ($10.2k). Over the past 5 years the exports of Sierra Leone to Liberia have decreased at an annualized rate of 18.1%, from $9.18M in 2018 to $683k in 2023.

In 2023, Sierra Leone did not export any services to Liberia.

Comparison In 2023, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Liberia exported $231k to Sierra Leone. The main products exported from Liberia to Sierra Leone were Other Plastic Products ($62.5k), Cars ($45.6k), and Large Construction Vehicles ($35k). During the last 5 years the exports of Liberia to Sierra Leone have decreased at an annualized rate of 54.1%, from $11.4M in 2018 to $231k in 2023.

In 2018, Sierra Leone exported $683k to Liberia. The main products exported from Sierra Leone to Liberia were Processed Crustaceans ($572k), Beer ($59.3k), and Legume Flours ($10.2k). During the last 5 years the exports of Sierra Leone to Liberia have decreased at an annualized rate of 18.1%, from $9.18M in 2023 to $683k in 2018.

Exports from Liberia () to Sierra Leone () (2023)

Exports from Sierra Leone () to Liberia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$708M

Sierra Leone
Top DestinationChina$1.03B

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

In 2023, countries that imported more from Liberia than Sierra Leone included Switzerland ($708M), United Kingdom ($306M), and France ($197M).

In 2023, countries that imported more from Sierra Leone than Liberia included China ($1.03B), India ($96.5M), and Ireland ($48M).

Difference in imports from Sierra Leone () and Liberia () (2023)

Comparative Advantage Liberia - Sierra Leone

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Liberia had a large net trade with Sierra Leone in the exports of Plastics and Rubbers ($62.5k), Transportation ($45.6k), and Machines ($39.5k).

During 2018, Sierra Leone had a large net trade with Liberia in the exports of Foodstuffs ($639k), Vegetable Products ($16.8k), and Machines ($13k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Sierra Leone+$2.57kPassenger and Cargo Ships

Top Product Potential Sierra Leone Liberia+$1.68kPalm 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Sierra Leone () (2023)

Exports from Sierra Leone () to Liberia () (2023)

Market Competitiveness

Difference in imports from Sierra Leone () and Liberia () (2023)

Comparative Advantage Liberia - Sierra Leone

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and Sierra Leone () (2023)

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