Madagascar (MDG) and Sierra Leone (SLE) Trade | The Observatory of Economic Complexity

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Madagascar-Sierra Leone Trade: In 2021, Madagascar exported $645k to Sierra Leone. The main products that Madagascar exported to Sierra Leone were N/A. Over the past 14 years the exports of Madagascar to Sierra Leone have increased at an annualized rate of 52%, from $1.83k in 2007 to $645k in 2021.

In 2021, Madagascar did not export any services to Sierra Leone.

Sierra Leone-Madagascar Trade: In 2021, Sierra Leone exported $145k to Madagascar. The main products that Sierra Leone exported to Madagascar were N/A. Over the past 14 years the exports of Sierra Leone to Madagascar have increased at an annualized rate of 39.3%, from $27.7k in 2007 to $145k in 2021.

In 2021, Sierra Leone did not export any services to Madagascar.

Comparison In 2023, Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B). 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 2021, Madagascar exported $645k to Sierra Leone. There were not main exports from Madagascar to Sierra Leone in 2021. During the last 14 years the exports of Madagascar to Sierra Leone have increased at an annualized rate of 52%, from $1.83k in 2007 to $645k in 2021.

In 2017, Sierra Leone exported $145k to Madagascar. There were not main exports from Sierra Leone to Madagascar in 2017. During the last 5 years the exports of Sierra Leone to Madagascar have increased at an annualized rate of 39.3%, from $27.7k in 2022 to $145k in 2017.

Exports from Madagascar () to Sierra Leone () (2022)

Exports from Sierra Leone () to Madagascar () (2022)

Latest Data

Trade between Madagascar () and Sierra Leone ()

Madagascar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Madagascar
Top DestinationUnited States$669M

Sierra Leone
Top DestinationChina$1.03B

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

In 2023, countries that imported more from Madagascar than Sierra Leone included United States ($669M), France ($641M), and Japan ($345M).

In 2023, countries that imported more from Sierra Leone than Madagascar included China ($1.03B), Belgium ($72.5M), and Ireland ($48M).

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

Comparative Advantage Madagascar - Sierra Leone

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Madagascar had a large net trade with Sierra Leone in the exports of N/A.

During 2017, Sierra Leone had a large net trade with Madagascar in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Madagascar Sierra Leone+$1.34kRefined Petroleum

Top Product Potential Sierra Leone Madagascar+$1.62kPalm 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 Madagascar and Sierra Leone. This means that a dot/product with the flag of Madagascar 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 Madagascar.

About

Historical Data

Bilateral Trade by Products

Exports from Madagascar () to Sierra Leone () (2022)

Exports from Sierra Leone () to Madagascar () (2022)

Latest Data

Trade between Madagascar () and Sierra Leone ()

Madagascar Exports

Market Competitiveness

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

Comparative Advantage Madagascar - Sierra Leone

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Madagascar () and Sierra Leone () (2022)

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