2022
Flag  
GDP
$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
 GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 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
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186

About

Sierra Leone-Sri Lanka Trade: In 2022, Sierra Leone exported $56k to Sri Lanka. The main products that Sierra Leone exported to Sri Lanka were Activated Carbon ($19k), High-voltage Protection Equipment ($11.4k), and Metal Molds ($10k). Over the past 6 years the exports of Sierra Leone to Sri Lanka have increased at an annualized rate of 1.93%, from $49.9k in 2016 to $56k in 2022.

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

Sri Lanka-Sierra Leone Trade: In 2022, Sri Lanka exported $17M to Sierra Leone. The main products that Sri Lanka exported to Sierra Leone were Documents of title (bonds etc) and unused stamps ($15.4M), Baked Goods ($1.04M), and Tea ($434k). Over the past 6 years the exports of Sri Lanka to Sierra Leone have increased at an annualized rate of 54.2%,  from $1.95M in 2016 to $17M in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sierra Leone exported $56k to Sri Lanka. The main products exported from Sierra Leone to Sri Lanka were Activated Carbon ($19k), High-voltage Protection Equipment ($11.4k), and Metal Molds ($10k). During the last 6 years the exports of Sierra Leone to Sri Lanka have increased at an annualized rate of 1.93%, from $49.9k in 2016 to $56k in 2022.

In 2017, Sri Lanka exported $17M to Sierra Leone. The main products exported from Sri Lanka to Sierra Leone were Documents of title (bonds etc) and unused stamps ($15.4M), Baked Goods ($1.04M), and Tea ($434k). During the last 5 years the exports of Sri Lanka to Sierra Leone have increased at an annualized rate of 54.2%, from $1.95M in 2022 to $17M in 2017.

Exports from Sierra Leone (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Sierra Leone (Flag) (2022)

Latest Data

Trade between Sierra Leone (Flag) and Sri Lanka (Flag)

Sri Lanka Exports

Date

Market Competitiveness

Color
Sierra Leone
Top Destination
China$622M
Sri Lanka
Top Destination
United States$3.52B

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

In 2022, countries that imported more from Sierra Leone than Sri Lanka included China ($622M), Senegal ($14.5M), and Kazakhstan ($12.3M).

In 2022, countries that imported more from Sri Lanka than Sierra Leone included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka (Flag) and Sierra Leone (Flag) (2022)

Comparative Advantage Sierra Leone - Sri Lanka

Flow
Scale

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

During 2022, Sierra Leone had a large net trade with Sri Lanka in the exports of Machines ($26.5k), Chemical Products ($19k), and Vegetable Products ($6.73k).

During 2017, Sri Lanka had a large net trade with Sierra Leone in the exports of Paper Goods ($15.4M), Foodstuffs ($1.04M), and Vegetable Products ($434k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sierra Leone Sri Lanka+$2.4kDiamonds
Top Product Potential Sri Lanka Sierra Leone+$1.28kExcavation Machinery

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

Product Space of Sierra Leone (Flag) and Sri Lanka (Flag) (2022)

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