2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 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 
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC
$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH
-17.3%CURRENT US$
Rnk 168 / 186

About

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 $130k to Madagascar. The main products that Sierra Leone exported to Madagascar were Kaolin Coated Paper ($130k). Over the past 14 years the exports of Sierra Leone to Madagascar have increased at an annualized rate of 36.4%,  from $27.6k in 2007 to $130k in 2021.

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

Comparison In 2022,  Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08),  and 133 in total exports ($4.25B). 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 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 $130k to Madagascar. The main products exported from Sierra Leone to Madagascar were Kaolin Coated Paper ($130k). During the last 5 years the exports of Sierra Leone to Madagascar have increased at an annualized rate of 36.4%, from $27.6k in 2022 to $130k in 2017.

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

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

Latest Data

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

Madagascar Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Sierra Leone
Top Destination
China$622M

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 2022, countries that imported more from Madagascar than Sierra Leone included United States ($756M), France ($634M), and Japan ($448M).

In 2022, countries that imported more from Sierra Leone than Madagascar included Belgium ($136M), China ($622M), and Ireland ($21.1M).

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

Comparative Advantage Madagascar - Sierra Leone

Flow
Scale

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 .

During 2017, Sierra Leone had a large net trade with Madagascar in the exports of Paper Goods ($130k).

Potential Exports

Potential Exports

Depth
View
Sort By
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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with