2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 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 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC
$758CURRENT US$
Rnk 185 / 196
2013-2023
Flag
GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195

About

Norway-Sierra Leone Trade: In 2023, Norway exported $425k to Sierra Leone. The main products that Norway exported to Sierra Leone were Sauces and Seasonings ($152k), Processed Crustaceans ($86.4k), and Air Pumps ($43.8k). Over the past 5 years the exports of Norway to Sierra Leone have decreased at an annualized rate of 1.5%, from $458k in 2018 to $425k in 2023.

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

Sierra Leone-Norway In N/A, Sierra Leone did not export any products to Norway.

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

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). 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, Norway exported $425k to Sierra Leone. The main products exported from Norway to Sierra Leone were Sauces and Seasonings ($152k), Processed Crustaceans ($86.4k), and Air Pumps ($43.8k). During the last 5 years the exports of Norway to Sierra Leone have decreased at an annualized rate of 1.5%, from $458k in 2018 to $425k in 2023.

Sierra Leone does not register exports to Norway. The main products exported from Sierra Leone to Norway were Other Plastic Products ($11.3k) and Non-Knit Women's Suits ($438).

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Sierra Leone
Top Destination
China$1.03B

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

In 2023, countries that imported more from Norway than Sierra Leone included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, no countries were registered that imported more from Sierra Leone than from Norway.

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

Comparative Advantage Norway - Sierra Leone

Flow
Scale

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

During 2023, Norway had a large net trade with Sierra Leone in the exports of Foodstuffs ($239k), Machines ($59.1k), and Transportation ($52.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Sierra Leone+$82.8kDelivery Trucks
Top Product Potential Sierra Leone Norway+$3.53kOther Furniture

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

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

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