Sierra Leone (SLE) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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Sierra Leone-Mexico Trade: In 2023, Sierra Leone exported $1.57k to Mexico. The main products that Sierra Leone exported to Mexico were Electrical Capacitors ($1.57k). Over the past 6 years the exports of Sierra Leone to Mexico have decreased at an annualized rate of 80.2%, from $26.3M in 2017 to $1.57k in 2023.

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

Mexico-Sierra Leone Trade: In 2023, Mexico exported $224k to Sierra Leone. The main products that Mexico exported to Sierra Leone were N/A. Over the past 6 years the exports of Mexico to Sierra Leone have decreased at an annualized rate of 11.8%, from $477k in 2017 to $224k in 2023.

In 2023, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sierra Leone exported $1.57k to Mexico. The main products exported from Sierra Leone to Mexico were Electrical Capacitors ($1.57k). During the last 6 years the exports of Sierra Leone to Mexico have decreased at an annualized rate of 80.2%, from $26.3M in 2017 to $1.57k in 2023.

In 2013, Mexico exported $224k to Sierra Leone. There were not main exports from Mexico to Sierra Leone in 2013. During the last 5 years the exports of Mexico to Sierra Leone have decreased at an annualized rate of 11.8%, from $477k in 2018 to $224k in 2013.

Exports from Sierra Leone () to Mexico () (2023)

Exports from Mexico () to Sierra Leone () (2023)

Latest Data

Trade between Sierra Leone () and Mexico ()

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$1.03B

Mexico
Top DestinationUnited States$456B

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

In 2023, countries that imported more from Sierra Leone than Mexico included Gambia ($475k).

In 2023, countries that imported more from Mexico than Sierra Leone included United States ($456B), Canada ($33B), and China ($15B).

Difference in imports from Mexico () and Sierra Leone () (2023)

Comparative Advantage Sierra Leone - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sierra Leone had a large net trade with Mexico in the exports of Machines ($1.57k).

During 2013, Mexico had a large net trade with Sierra Leone in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Sierra Leone Mexico+$7.18kLow-voltage Protection Equipment

Top Product Potential Mexico Sierra Leone+$4.05kCars

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

Year

This visualization shows the product space at the HS4 level with the flags of Sierra Leone and Mexico. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over Sierra Leone.

About

Historical Data

Bilateral Trade by Products

Exports from Sierra Leone () to Mexico () (2023)

Exports from Mexico () to Sierra Leone () (2023)

Latest Data

Trade between Sierra Leone () and Mexico ()

Mexico Exports

Market Competitiveness

Difference in imports from Mexico () and Sierra Leone () (2023)

Comparative Advantage Sierra Leone - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sierra Leone () and Mexico () (2023)

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