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Pricing

2022
Flag → Flag
Exports $110kRnk 60 / 118
2022
Flag → Flag
Top Product $93.2kDiamonds
2022
Flag → Flag
Exports $2.64BRnk 11 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC $461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH-17.3%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Sierra Leone-Armenia Trade: In 2022, Sierra Leone exported $110k to Armenia. The main products that Sierra Leone exported to Armenia were Diamonds ($93.2k), Centrifuges ($4.87k), and Toilet Paper ($4.7k). Over the past 5 years the exports of Sierra Leone to Armenia have decreased at an annualized rate of 18.3%, from $303k in 2017 to $110k in 2022.

In 2022, Sierra Leone did not export any services to Armenia.

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

In 2022, Armenia did not export any services to Sierra Leone.

Comparison In 2022,  Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sierra Leone exported $110k to Armenia. The main products exported from Sierra Leone to Armenia were Diamonds ($93.2k), Centrifuges ($4.87k), and Toilet Paper ($4.7k). During the last 5 years the exports of Sierra Leone to Armenia have decreased at an annualized rate of 18.3%, from $303k in 2017 to $110k in 2022.

Armenia does not register exports to Sierra Leone.

Exports from Sierra Leone (Flag) to Armenia (Flag) (2022)

Exports from Armenia (Flag) to Sierra Leone (Flag) (2022)

Latest Data

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

Armenia Exports

Market Competitiveness

Color
Sierra Leone
Top DestinationChina$622M
Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Sierra Leone than Armenia included China ($622M), Belgium ($136M), and Ireland ($21.1M).

In 2022, countries that imported more from Armenia than Sierra Leone included Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

Difference in imports from Armenia (Flag) and Sierra Leone (Flag) (2022)

Comparative Advantage Sierra Leone - Armenia

Flow
Scale

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

During 2022, Sierra Leone had a large net trade with Armenia in the exports of Precious Metals ($93.2k), Machines ($9.4k), and Paper Goods ($5.64k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sierra Leone Armenia+$190kDiamonds
Top Product Potential Armenia Sierra Leone+$1.51kCars

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 Sierra Leone and Armenia. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over Sierra Leone.

Product Space of Sierra Leone (Flag) and Armenia (Flag) (2022)

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