2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH
-16.7%CURRENT US$
Rnk 188 / 195
2023
Flag
GDP PC 
$4,168CURRENT US$
Rnk 129 / 195
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC
$758CURRENT US$
Rnk 185 / 196
2013-2023
Flag
GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195

About

Namibia-Sierra Leone Trade: In 2023, Namibia exported $333 to Sierra Leone. The main products that Namibia exported to Sierra Leone were Electric Heaters ($136), Boat Propellers ($89), and Unpackaged Medicaments ($41). Over the past 5 years the exports of Namibia to Sierra Leone have decreased at an annualized rate of 56.7%, from $21.8k in 2018 to $333 in 2023.

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

Sierra Leone-Namibia Trade: In 2023, Sierra Leone exported $36.1k to Namibia. The main products that Sierra Leone exported to Namibia were Electric Heaters ($12.1k), Rubber Tires ($4.44k), and Other Measuring Instruments ($4.2k). Over the past 5 years the exports of Sierra Leone to Namibia have decreased at an annualized rate of 11.4%,  from $66.2k in 2018 to $36.1k in 2023.

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

Comparison In 2023,  Namibia ranked 98 in the Economic Complexity Index (ECI -0.74),  and 124 in total exports ($6.28B). 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, Namibia exported $333 to Sierra Leone. The main products exported from Namibia to Sierra Leone were Electric Heaters ($136), Boat Propellers ($89), and Unpackaged Medicaments ($41). During the last 5 years the exports of Namibia to Sierra Leone have decreased at an annualized rate of 56.7%, from $21.8k in 2018 to $333 in 2023.

In 2018, Sierra Leone exported $36.1k to Namibia. The main products exported from Sierra Leone to Namibia were Electric Heaters ($12.1k), Rubber Tires ($4.44k), and Other Measuring Instruments ($4.2k). During the last 5 years the exports of Sierra Leone to Namibia have decreased at an annualized rate of 11.4%, from $66.2k in 2023 to $36.1k in 2018.

Exports from Namibia (Flag) to Sierra Leone (Flag) (2023)

Exports from Sierra Leone (Flag) to Namibia (Flag) (2023)

Latest Data

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

Namibia Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
Sierra Leone
Top Destination
China$1.03B

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

In 2023, countries that imported more from Namibia than Sierra Leone included South Africa ($1.71B), Botswana ($504M), and Belgium ($424M).

In 2023, countries that imported more from Sierra Leone than Namibia included China ($1.03B), Ireland ($48M), and Japan ($34.8M).

Difference in imports from Sierra Leone (Flag) and Namibia (Flag) (2023)

Comparative Advantage Namibia - Sierra Leone

Flow
Scale

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

During 2023, Namibia had a large net trade with Sierra Leone in the exports of Machines ($225), Chemical Products ($51), and Foodstuffs ($29).

During 2018, Sierra Leone had a large net trade with Namibia in the exports of Machines ($21.7k), Plastics and Rubbers ($5.18k), and Instruments ($4.36k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Sierra Leone+$1.94kRefined Petroleum
Top Product Potential Sierra Leone Namibia+$9.21kRubber Tires

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

Product Space of Namibia (Flag) and Sierra Leone (Flag) (2023)

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