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Pricing

2022
Flag → Flag
Exports $32.5kRnk 128 / 155
2022
Flag → Flag
Top Product $18.7kCucumbers
2022
Flag → Flag
Exports $9.79kRnk 87 / 118
2022
Flag → Flag
Top Product $6.7kOther Electrical Machinery
2022
Flag
Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag  
GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
 GDP$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
GDP PC $6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH-17.3%CURRENT US$
Rnk 168 / 186

About

North Macedonia-Sierra Leone Trade: In 2022, North Macedonia exported $32.5k to Sierra Leone. The main products that North Macedonia exported to Sierra Leone were Cucumbers ($18.7k), Cabbages ($8.59k), and Other Processed Vegetables ($5.24k). Over the past 10 years the exports of North Macedonia to Sierra Leone have increased at an annualized rate of 15.9%, from $7.44k in 2012 to $32.5k in 2022.

In 2022, North Macedonia did not export any services to Sierra Leone.

Sierra Leone-North Macedonia Trade: In 2022, Sierra Leone exported $9.79k to North Macedonia. The main products that Sierra Leone exported to North Macedonia were Other Electrical Machinery ($6.7k), Centrifuges ($809), and Low-voltage Protection Equipment ($583). Over the past 10 years the exports of Sierra Leone to North Macedonia have decreased at an annualized rate of 10.2%,  from $16.8k in 2012 to $9.79k in 2022.

In 2022, Sierra Leone did not export any services to North Macedonia.

Comparison In 2022,  North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25),  and 105 in total exports ($9.52B). 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 2022, North Macedonia exported $32.5k to Sierra Leone. The main products exported from North Macedonia to Sierra Leone were Cucumbers ($18.7k), Cabbages ($8.59k), and Other Processed Vegetables ($5.24k). During the last 10 years the exports of North Macedonia to Sierra Leone have increased at an annualized rate of 15.9%, from $7.44k in 2012 to $32.5k in 2022.

In 2017, Sierra Leone exported $9.79k to North Macedonia. The main products exported from Sierra Leone to North Macedonia were Other Electrical Machinery ($6.7k), Centrifuges ($809), and Low-voltage Protection Equipment ($583). During the last 5 years the exports of Sierra Leone to North Macedonia have decreased at an annualized rate of 10.2%, from $16.8k in 2022 to $9.79k in 2017.

Exports from North Macedonia (Flag) to Sierra Leone (Flag) (2022)

Exports from Sierra Leone (Flag) to North Macedonia (Flag) (2022)

Latest Data

Trade between North Macedonia (Flag) and Sierra Leone (Flag)

North Macedonia Exports

Market Competitiveness

Color
North Macedonia
Top DestinationGermany$3.96B
Sierra Leone
Top DestinationChina$622M

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

In 2022, countries that imported more from North Macedonia than Sierra Leone included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

In 2022, countries that imported more from Sierra Leone than North Macedonia included China ($622M), United Arab Emirates ($64.6M), and India ($36.5M).

Difference in imports from Sierra Leone (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - Sierra Leone

Flow
Scale

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

During 2022, North Macedonia had a large net trade with Sierra Leone in the exports of Vegetable Products ($27.3k) and Foodstuffs ($5.24k).

During 2017, Sierra Leone had a large net trade with North Macedonia in the exports of Machines ($8.97k), Plastics and Rubbers ($441), and Transportation ($214).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Sierra Leone+$7.48kOther Processed Vegetables
Top Product Potential Sierra Leone North Macedonia+$3.33kCentrifuges

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 North Macedonia and Sierra Leone. This means that a dot/product with the flag of North Macedonia 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 North Macedonia.

Product Space of North Macedonia (Flag) and Sierra Leone (Flag) (2022)

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