Sierra Leone (SLE) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Sierra Leone-North Macedonia Trade: In 2022, Sierra Leone exported $9.79k to North Macedonia. The main products that Sierra Leone exported to North Macedonia were Other Electrical Machinery ($6.7k), Centrifuges ($809), and Low-voltage Protection Equipment ($583). Over the past 5 years the exports of Sierra Leone to North Macedonia have decreased at an annualized rate of 10.2%, from $16.8k in 2017 to $9.79k in 2022.

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

North Macedonia-Sierra Leone In N/A, North Macedonia did not export any products to Sierra Leone.

In 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Sierra Leone exported $9.79k to North Macedonia. The main products exported from Sierra Leone to North Macedonia were Other Electrical Machinery ($6.7k), Centrifuges ($809), and Low-voltage Protection Equipment ($583). During the last 5 years the exports of Sierra Leone to North Macedonia have decreased at an annualized rate of 10.2%, from $16.8k in 2017 to $9.79k in 2022.

North Macedonia does not register exports to Sierra Leone. The main products exported from North Macedonia to Sierra Leone were Cucumbers ($18.7k), Cabbages ($8.59k), and Other Processed Vegetables ($5.24k).

Exports from Sierra Leone () to North Macedonia () (2022)

Exports from North Macedonia () to Sierra Leone () (2022)

Latest Data

Trade between Sierra Leone () and North Macedonia ()

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$622M

North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from Sierra Leone than North Macedonia included China ($622M), United Arab Emirates ($64.6M), and India ($36.5M).

In 2022, countries that imported more from North Macedonia than Sierra Leone included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia () and Sierra Leone () (2022)

Comparative Advantage Sierra Leone - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sierra Leone had a large net trade with North Macedonia in the exports of Machines ($8.97k), Plastics and Rubbers ($441), and Transportation ($214).

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 North Macedonia+$3.33kCentrifuges

Top Product Potential North Macedonia Sierra Leone+$7.48kOther Processed Vegetables

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

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Historical Data

Bilateral Trade by Products

Exports from Sierra Leone () to North Macedonia () (2022)

Exports from North Macedonia () to Sierra Leone () (2022)

Latest Data

Trade between Sierra Leone () and North Macedonia ()

North Macedonia Exports

Market Competitiveness

Difference in imports from North Macedonia () and Sierra Leone () (2022)

Comparative Advantage Sierra Leone - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sierra Leone () and North Macedonia () (2022)

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