2023
Flag  
GDP
$84.4BCURRENT US$
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2013-2023
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GDP GROWTH
9.55%CURRENT US$
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2023
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 GDP
$6.41BCURRENT US$
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2013-2023
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GDP GROWTH
-16.7%CURRENT US$
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2023
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GDP PC 
$3,828CURRENT US$
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2013-2023
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GDP PC GROWTH
2.34%CURRENT US$
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2023
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GDP PC
$758CURRENT US$
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2013-2023
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GDP PC GROWTH
-33.9%CURRENT US$
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About

Sri Lanka-Sierra Leone Trade: In 2023, Sri Lanka exported $15.9M to Sierra Leone. The main products that Sri Lanka exported to Sierra Leone were Documents of title (bonds etc) and unused stamps ($13.6M), Baked Goods ($1.04M), and Aluminium Cans ($741k). Over the past 5 years the exports of Sri Lanka to Sierra Leone have increased at an annualized rate of 109%, from $403k in 2018 to $15.9M in 2023.

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

Sierra Leone-Sri Lanka In N/A, Sierra Leone did not export any products to Sri Lanka.

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

Comparison In 2023,  Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44),  and 90 in total exports ($13.8B). 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 2023, Sri Lanka exported $15.9M to Sierra Leone. The main products exported from Sri Lanka to Sierra Leone were Documents of title (bonds etc) and unused stamps ($13.6M), Baked Goods ($1.04M), and Aluminium Cans ($741k). During the last 5 years the exports of Sri Lanka to Sierra Leone have increased at an annualized rate of 109%, from $403k in 2018 to $15.9M in 2023.

Sierra Leone does not register exports to Sri Lanka. The main products exported from Sierra Leone to Sri Lanka were Tea ($97.8k), Valves ($45.7k), and Titanium Ore ($30.5k).

Exports from Sri Lanka (Flag) to Sierra Leone (Flag) (2023)

Exports from Sierra Leone (Flag) to Sri Lanka (Flag) (2023)

Latest Data

Trade between Sri Lanka (Flag) and Sierra Leone (Flag)

Sri Lanka Exports

Date

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$2.98B
Sierra Leone
Top Destination
China$1.03B

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

In 2023, countries that imported more from Sri Lanka than Sierra Leone included United States ($2.98B), India ($991M), and United Kingdom ($900M).

In 2023, countries that imported more from Sierra Leone than Sri Lanka included China ($1.03B), Kazakhstan ($14.5M), and Senegal ($4.8M).

Difference in imports from Sierra Leone (Flag) and Sri Lanka (Flag) (2023)

Comparative Advantage Sri Lanka - Sierra Leone

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with Sierra Leone in the exports of Paper Goods ($13.6M), Foodstuffs ($1.04M), and Metals ($741k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Sierra Leone+$1.28kExcavation Machinery
Top Product Potential Sierra Leone Sri Lanka+$2.4kDiamonds

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

Product Space of Sri Lanka (Flag) and Sierra Leone (Flag) (2023)

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