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Pricing

2022
Flag → Flag
Exports $23.9kRnk 79 / 118
2022
Flag → Flag
Top Product $12.1kPackaged Medicaments
2022
Flag → Flag
Exports $718kRnk 47 / 131
2022
Flag → Flag
Top Product $242kDelivery Trucks
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 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$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Sierra Leone-Burkina Faso Trade: In 2022, Sierra Leone exported $23.9k to Burkina Faso. The main products that Sierra Leone exported to Burkina Faso were Packaged Medicaments ($12.1k), Rubber Pipes ($4.92k), and Centrifuges ($2.91k). Over the past 5 years the exports of Sierra Leone to Burkina Faso have decreased at an annualized rate of 28.3%, from $126k in 2017 to $23.9k in 2022.

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

Burkina Faso-Sierra Leone Trade: In 2022, Burkina Faso exported $718k to Sierra Leone. The main products that Burkina Faso exported to Sierra Leone were Delivery Trucks ($242k), Cars ($227k), and Prepared Explosives ($185k). Over the past 5 years the exports of Burkina Faso to Sierra Leone have increased at an annualized rate of 106%,  from $19.2k in 2017 to $718k in 2022.

In 2022, Burkina Faso 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, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sierra Leone exported $23.9k to Burkina Faso. The main products exported from Sierra Leone to Burkina Faso were Packaged Medicaments ($12.1k), Rubber Pipes ($4.92k), and Centrifuges ($2.91k). During the last 5 years the exports of Sierra Leone to Burkina Faso have decreased at an annualized rate of 28.3%, from $126k in 2017 to $23.9k in 2022.

In 2017, Burkina Faso exported $718k to Sierra Leone. The main products exported from Burkina Faso to Sierra Leone were Delivery Trucks ($242k), Cars ($227k), and Prepared Explosives ($185k). During the last 5 years the exports of Burkina Faso to Sierra Leone have increased at an annualized rate of 106%, from $19.2k in 2022 to $718k in 2017.

Exports from Sierra Leone (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Sierra Leone (Flag) (2022)

Market Competitiveness

Color
Sierra Leone
Top DestinationChina$622M
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Burkina Faso than Sierra Leone included Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

Difference in imports from Burkina Faso (Flag) and Sierra Leone (Flag) (2022)

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 2022, Sierra Leone had a large net trade with Burkina Faso in the exports of Chemical Products ($12.1k), Plastics and Rubbers ($4.92k), and Machines ($3.58k).

During 2017, Burkina Faso had a large net trade with Sierra Leone in the exports of Transportation ($470k), Chemical Products ($185k), and Vegetable Products ($27k).

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) (2022)

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