2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 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 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC
$758CURRENT US$
Rnk 185 / 196
2013-2023
Flag
GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195

About

Philippines-Sierra Leone Trade: In 2023, Philippines exported $379k to Sierra Leone. The main products that Philippines exported to Sierra Leone were Other Furniture ($55.6k), Telephones ($51.3k), and Industrial Food Preperation Machinery ($46.8k). Over the past 5 years the exports of Philippines to Sierra Leone have increased at an annualized rate of 35.4%, from $83.3k in 2018 to $379k in 2023.

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

Sierra Leone-Philippines Trade: In 2023, Sierra Leone exported $225k to Philippines. The main products that Sierra Leone exported to Philippines were Titanium Ore ($128k), Scented Mixtures ($58.2k), and Low-voltage Protection Equipment ($18.6k). Over the past 5 years the exports of Sierra Leone to Philippines have increased at an annualized rate of 19.6%,  from $92.1k in 2018 to $225k in 2023.

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

Comparison In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64),  and 42 in total exports ($101B). 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, Philippines exported $379k to Sierra Leone. The main products exported from Philippines to Sierra Leone were Other Furniture ($55.6k), Telephones ($51.3k), and Industrial Food Preperation Machinery ($46.8k). During the last 5 years the exports of Philippines to Sierra Leone have increased at an annualized rate of 35.4%, from $83.3k in 2018 to $379k in 2023.

In 2018, Sierra Leone exported $225k to Philippines. The main products exported from Sierra Leone to Philippines were Titanium Ore ($128k), Scented Mixtures ($58.2k), and Low-voltage Protection Equipment ($18.6k). During the last 5 years the exports of Sierra Leone to Philippines have increased at an annualized rate of 19.6%, from $92.1k in 2023 to $225k in 2018.

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

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

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Sierra Leone
Top Destination
China$1.03B

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

In 2023, countries that imported more from Philippines than Sierra Leone included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

In 2023, countries that imported more from Sierra Leone than Philippines included Senegal ($4.8M), Gambia ($475k), and Liberia ($683k).

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

Comparative Advantage Philippines - Sierra Leone

Flow
Scale

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

During 2023, Philippines had a large net trade with Sierra Leone in the exports of Machines ($214k), Metals ($59.2k), and Miscellaneous ($55.6k).

During 2018, Sierra Leone had a large net trade with Philippines in the exports of Mineral Products ($128k), Chemical Products ($58.2k), and Machines ($33.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Sierra Leone+$2.34kSemiconductor Devices
Top Product Potential Sierra Leone Philippines+$3.94kIron Ore

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

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

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