Sierra Leone (SLE) and Austria (AUT) Trade | The Observatory of Economic Complexity

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Sierra Leone-Austria Trade: In 2023, Sierra Leone exported $4.84M to Austria. The main products that Sierra Leone exported to Austria were Utility Meters ($1.51M), Excavation Machinery ($382k), and Bi-Wheel Vehicle Parts ($322k). Over the past 5 years the exports of Sierra Leone to Austria have decreased at an annualized rate of 22.3%, from $17.1M in 2018 to $4.84M in 2023.

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

Austria-Sierra Leone Trade: In 2023, Austria exported $1.13M to Sierra Leone. The main products that Austria exported to Sierra Leone were Interchangeable Tool Parts ($270k), Integrated Circuits ($259k), and Video and Card Games ($197k). Over the past 5 years the exports of Austria to Sierra Leone have increased at an annualized rate of 4.81%, from $849k in 2018 to $1.13M in 2023.

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

Comparison In 2023, Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sierra Leone exported $4.84M to Austria. The main products exported from Sierra Leone to Austria were Utility Meters ($1.51M), Excavation Machinery ($382k), and Bi-Wheel Vehicle Parts ($322k). During the last 5 years the exports of Sierra Leone to Austria have decreased at an annualized rate of 22.3%, from $17.1M in 2018 to $4.84M in 2023.

In 2018, Austria exported $1.13M to Sierra Leone. The main products exported from Austria to Sierra Leone were Interchangeable Tool Parts ($270k), Integrated Circuits ($259k), and Video and Card Games ($197k). During the last 5 years the exports of Austria to Sierra Leone have increased at an annualized rate of 4.81%, from $849k in 2023 to $1.13M in 2018.

Exports from Sierra Leone () to Austria () (2023)

Exports from Austria () to Sierra Leone () (2023)

Latest Data

Trade between Sierra Leone () and Austria ()

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$1.03B

Austria
Top DestinationGermany$51B

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

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

In 2023, countries that imported more from Austria than Sierra Leone included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

Difference in imports from Austria () and Sierra Leone () (2023)

Comparative Advantage Sierra Leone - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sierra Leone had a large net trade with Austria in the exports of Instruments ($1.65M), Machines ($1.19M), and Transportation ($551k).

During 2018, Austria had a large net trade with Sierra Leone in the exports of Machines ($332k), Metals ($302k), and Miscellaneous ($210k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Sierra Leone Austria+$69.3kGold

Top Product Potential Austria Sierra Leone+$124kPackaged Medicaments

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

Year

This visualization shows the product space at the HS4 level with the flags of Sierra Leone and Austria. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over Sierra Leone.

About

Historical Data

Bilateral Trade by Products

Exports from Sierra Leone () to Austria () (2023)

Exports from Austria () to Sierra Leone () (2023)

Latest Data

Trade between Sierra Leone () and Austria ()

Austria Exports

Market Competitiveness

Difference in imports from Austria () and Sierra Leone () (2023)

Comparative Advantage Sierra Leone - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sierra Leone () and Austria () (2023)

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