2023
Flag  
GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 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 
$48,281CURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC
$758CURRENT US$
Rnk 185 / 196
2013-2023
Flag
GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195

About

New Zealand-Sierra Leone Trade: In 2023, New Zealand exported $1.63M to Sierra Leone. The main products that New Zealand exported to Sierra Leone were Malt Extract ($1.39M), Concentrated Milk ($193k), and Stone Processing Machines ($42.6k). Over the past 5 years the exports of New Zealand to Sierra Leone have decreased at an annualized rate of 16.8%, from $4.08M in 2018 to $1.63M in 2023.

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

Sierra Leone-New Zealand Trade: In 2023, Sierra Leone exported $343k to New Zealand. The main products that Sierra Leone exported to New Zealand were Semiconductor Devices ($94.1k), Toilet Paper ($72.8k), and Valves ($25.8k). Over the past 5 years the exports of Sierra Leone to New Zealand have increased at an annualized rate of 8.43%,  from $229k in 2018 to $343k in 2023.

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

Comparison In 2023,  New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48),  and 61 in total exports ($44.5B). 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, New Zealand exported $1.63M to Sierra Leone. The main products exported from New Zealand to Sierra Leone were Malt Extract ($1.39M), Concentrated Milk ($193k), and Stone Processing Machines ($42.6k). During the last 5 years the exports of New Zealand to Sierra Leone have decreased at an annualized rate of 16.8%, from $4.08M in 2018 to $1.63M in 2023.

In 2018, Sierra Leone exported $343k to New Zealand. The main products exported from Sierra Leone to New Zealand were Semiconductor Devices ($94.1k), Toilet Paper ($72.8k), and Valves ($25.8k). During the last 5 years the exports of Sierra Leone to New Zealand have increased at an annualized rate of 8.43%, from $229k in 2023 to $343k in 2018.

Exports from New Zealand (Flag) to Sierra Leone (Flag) (2023)

Exports from Sierra Leone (Flag) to New Zealand (Flag) (2023)

Latest Data

Trade between New Zealand (Flag) and Sierra Leone (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$12.3B
Sierra Leone
Top Destination
China$1.03B

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

In 2023, countries that imported more from New Zealand than Sierra Leone included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

In 2023, countries that imported more from Sierra Leone than New Zealand included Kazakhstan ($14.5M), Gambia ($475k), and Central African Republic ($96.9k).

Difference in imports from Sierra Leone (Flag) and New Zealand (Flag) (2023)

Comparative Advantage New Zealand - Sierra Leone

Flow
Scale

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

During 2023, New Zealand had a large net trade with Sierra Leone in the exports of Foodstuffs ($1.39M), Animal Products ($193k), and Machines ($42.6k).

During 2018, Sierra Leone had a large net trade with New Zealand in the exports of Machines ($184k), Paper Goods ($72.8k), and Transportation ($50.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Sierra Leone+$218kConcentrated Milk
Top Product Potential Sierra Leone New Zealand+$80.5kElectrical Transformers

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

Product Space of New Zealand (Flag) and Sierra Leone (Flag) (2023)

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