2022
Flag  
GDP
$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 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
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Sierra Leone-Ecuador Trade: In 2022, Sierra Leone exported $77.7k to Ecuador. The main products that Sierra Leone exported to Ecuador were Packaged Medicaments ($68k), Air Pumps ($6.38k), and Excavation Machinery ($516). Over the past 5 years the exports of Sierra Leone to Ecuador have increased at an annualized rate of 3.35%, from $65.9k in 2017 to $77.7k in 2022.

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

Ecuador-Sierra Leone Trade: In 2022, Ecuador exported $341k to Sierra Leone. The main products that Ecuador exported to Sierra Leone were Other Processed Fruits and Nuts ($341k). Over the past 5 years the exports of Ecuador to Sierra Leone have increased at an annualized rate of 12%,  from $31.8k in 2017 to $341k in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Latest Data

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

Ecuador Exports

Market Competitiveness

Color
Sierra Leone
Top Destination
China$622M
Ecuador
Top Destination
United States$9.86B

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

In 2022, countries that imported more from Sierra Leone than Ecuador included Senegal ($14.5M), Ireland ($21.1M), and Mozambique ($1.66M).

In 2022, countries that imported more from Ecuador than Sierra Leone included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sierra Leone Ecuador+$1.59kScrap Iron
Top Product Potential Ecuador Sierra Leone+$2.22kRefined Petroleum

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

Product Space of Sierra Leone (Flag) and Ecuador (Flag) (NaN)

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