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Pricing

2023
Flag → Flag
Exports $88.2kRnk 65 / 124
2023
Flag → Flag
Top Product $52.5kCentrifuges
2023
Flag → Flag
Exports $777kRnk 47 / 125
2023
Flag → Flag
Top Product $712kDelivery Trucks
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH-16.7%CURRENT US$
Rnk 188 / 195
2023
Flag
 GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC $758CURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP PC GROWTH-33.9%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Sierra Leone-Burkina Faso Trade: In 2023, Sierra Leone exported $88.2k to Burkina Faso. The main products that Sierra Leone exported to Burkina Faso were Centrifuges ($52.5k), Delivery Trucks ($12.3k), and Air Conditioners ($9.72k). Over the past 5 years the exports of Sierra Leone to Burkina Faso have decreased at an annualized rate of 37.8%, from $945k in 2018 to $88.2k in 2023.

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

Burkina Faso-Sierra Leone Trade: In 2023, Burkina Faso exported $777k to Sierra Leone. The main products that Burkina Faso exported to Sierra Leone were Delivery Trucks ($712k) and Large Construction Vehicles ($65.9k). Over the past 5 years the exports of Burkina Faso to Sierra Leone have increased at an annualized rate of 19.2%,  from $33k in 2018 to $777k in 2023.

In 2023, Burkina Faso 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, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sierra Leone exported $88.2k to Burkina Faso. The main products exported from Sierra Leone to Burkina Faso were Centrifuges ($52.5k), Delivery Trucks ($12.3k), and Air Conditioners ($9.72k). During the last 5 years the exports of Sierra Leone to Burkina Faso have decreased at an annualized rate of 37.8%, from $945k in 2018 to $88.2k in 2023.

In 2018, Burkina Faso exported $777k to Sierra Leone. The main products exported from Burkina Faso to Sierra Leone were Delivery Trucks ($712k) and Large Construction Vehicles ($65.9k). During the last 5 years the exports of Burkina Faso to Sierra Leone have increased at an annualized rate of 19.2%, from $33k in 2023 to $777k in 2018.

Exports from Sierra Leone (Flag) to Burkina Faso (Flag) (2023)

Exports from Burkina Faso (Flag) to Sierra Leone (Flag) (2023)

Market Competitiveness

Color
Sierra Leone
Top DestinationChina$1.03B
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Sierra Leone than Burkina Faso included China ($1.03B), Belgium ($72.5M), and Ireland ($48M).

In 2023, countries that imported more from Burkina Faso than Sierra Leone included Switzerland ($6B), United Arab Emirates ($815M), and Mali ($268M).

Difference in imports from Burkina Faso (Flag) and Sierra Leone (Flag) (2023)

Comparative Advantage Sierra Leone - Burkina Faso

Flow
Scale

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

During 2023, Sierra Leone had a large net trade with Burkina Faso in the exports of Machines ($68.6k), Transportation ($12.3k), and Chemical Products ($1.94k).

During 2018, Burkina Faso had a large net trade with Sierra Leone in the exports of Transportation ($712k) and Machines ($65.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sierra Leone Burkina Faso+$26.6kPackaged Medicaments
Top Product Potential Burkina Faso Sierra Leone+$41.6kDelivery Trucks

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

Product Space of Sierra Leone (Flag) and Burkina Faso (Flag) (2023)

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