North Macedonia (MKD) and Sierra Leone (SLE) Trade | The Observatory of Economic Complexity

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North Macedonia-Sierra Leone Trade: In 2023, North Macedonia exported $49.9k to Sierra Leone. The main products that North Macedonia exported to Sierra Leone were Scrap Aluminium ($28.8k), Office Machine Parts ($8.02k), and Video and Card Games ($7k). Over the past 10 years the exports of North Macedonia to Sierra Leone have decreased at an annualized rate of 15.8%, from $279k in 2013 to $49.9k in 2023.

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

Sierra Leone-North Macedonia Trade: In 2023, Sierra Leone exported $15.7k to North Macedonia. The main products that Sierra Leone exported to North Macedonia were Excavation Machinery ($6.78k), Motor vehicles; parts and accessories (8701 to 8705) ($4.14k), and Insulated Wire ($1.53k). Over the past 10 years the exports of Sierra Leone to North Macedonia have increased at an annualized rate of 89.2%, from $648 in 2013 to $15.7k in 2023.

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

Comparison In 2023, North Macedonia ranked 104 in total exports ($10.1B). That same year, Sierra Leone ranked 152 in total exports ($1.52B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Macedonia exported $49.9k to Sierra Leone. The main products exported from North Macedonia to Sierra Leone were Scrap Aluminium ($28.8k), Office Machine Parts ($8.02k), and Video and Card Games ($7k). During the last 10 years the exports of North Macedonia to Sierra Leone have decreased at an annualized rate of 15.8%, from $279k in 2013 to $49.9k in 2023.

In 2018, Sierra Leone exported $15.7k to North Macedonia. The main products exported from Sierra Leone to North Macedonia were Excavation Machinery ($6.78k), Motor vehicles; parts and accessories (8701 to 8705) ($4.14k), and Insulated Wire ($1.53k). During the last 5 years the exports of Sierra Leone to North Macedonia have increased at an annualized rate of 89.2%, from $648 in 2023 to $15.7k in 2018.

Exports from North Macedonia () to Sierra Leone () (2023)

Exports from Sierra Leone () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Sierra Leone ()

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

Sierra Leone
Top DestinationChina$1.03B

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 2023, countries that imported more from North Macedonia than Sierra Leone included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

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

Difference in imports from Sierra Leone () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Sierra Leone

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Sierra Leone in the exports of Metals ($28.8k), Machines ($14k), and Miscellaneous ($7k).

During 2018, Sierra Leone had a large net trade with North Macedonia in the exports of Machines ($10.2k), Transportation ($4.14k), and Foodstuffs ($814).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Sierra Leone () (2023)

Exports from Sierra Leone () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Sierra Leone ()

North Macedonia Exports

Market Competitiveness

Difference in imports from Sierra Leone () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Sierra Leone

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Sierra Leone () (2023)

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