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Pricing

2022
Flag → Flag
Exports $5.99kRnk 91 / 118
2022
Flag → Flag
Top Product $2.84kMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $86.1kRnk 102 / 141
2022
Flag → Flag
Top Product $86.1kRolled Tobacco
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag  
GDP$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
 GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 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$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

About

Sierra Leone-Azerbaijan Trade: In 2022, Sierra Leone exported $5.99k to Azerbaijan. The main products that Sierra Leone exported to Azerbaijan were Motor vehicles; parts and accessories (8701 to 8705) ($2.84k), Light Fixtures ($1.23k), and Low-voltage Protection Equipment ($1.12k). Over the past 5 years the exports of Sierra Leone to Azerbaijan have decreased at an annualized rate of 6.98%, from $8.6k in 2017 to $5.99k in 2022.

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

Azerbaijan-Sierra Leone Trade: In 2022, Azerbaijan exported $86.1k to Sierra Leone. The main products that Azerbaijan exported to Sierra Leone were Rolled Tobacco ($86.1k). Over the past 5 years the exports of Azerbaijan to Sierra Leone have increased at an annualized rate of 43.8%,  from $14k in 2017 to $86.1k in 2022.

In 2022, Azerbaijan 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, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sierra Leone exported $5.99k to Azerbaijan. The main products exported from Sierra Leone to Azerbaijan were Motor vehicles; parts and accessories (8701 to 8705) ($2.84k), Light Fixtures ($1.23k), and Low-voltage Protection Equipment ($1.12k). During the last 5 years the exports of Sierra Leone to Azerbaijan have decreased at an annualized rate of 6.98%, from $8.6k in 2017 to $5.99k in 2022.

In 2017, Azerbaijan exported $86.1k to Sierra Leone. The main products exported from Azerbaijan to Sierra Leone were Rolled Tobacco ($86.1k). During the last 5 years the exports of Azerbaijan to Sierra Leone have increased at an annualized rate of 43.8%, from $14k in 2022 to $86.1k in 2017.

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

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

Latest Data

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

Azerbaijan Exports

Date

Market Competitiveness

Color
Sierra Leone
Top DestinationChina$622M
Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Sierra Leone than Azerbaijan included China ($622M), Belgium ($136M), and Senegal ($14.5M).

In 2022, countries that imported more from Azerbaijan than Sierra Leone included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage Sierra Leone - Azerbaijan

Flow
Scale

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

During 2022, Sierra Leone had a large net trade with Azerbaijan in the exports of Transportation ($2.84k), Machines ($1.92k), and Miscellaneous ($1.23k).

During 2017, Azerbaijan had a large net trade with Sierra Leone in the exports of Foodstuffs ($86.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sierra Leone Azerbaijan+$9.01kMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Azerbaijan Sierra Leone+$6.62kRolled Tobacco

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

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

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