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Pricing

2022
Flag → Flag
Exports $207kRnk 52 / 118
2022
Flag → Flag
Top Product $105kValves
2022
Flag → Flag
Exports $793MRnk 27 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.26Rnk 120 / 133
2022
Flag  
GDP$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
 GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 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$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186

About

Sierra Leone-Mongolia Trade: In 2022, Sierra Leone exported $207k to Mongolia. The main products that Sierra Leone exported to Mongolia were Valves ($105k), Electric Motors ($86.5k), and Electric Heaters ($6.51k). Over the past 6 years the exports of Sierra Leone to Mongolia have increased at an annualized rate of 93.9%, from $3.9k in 2016 to $207k in 2022.

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

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

In 2022, Mongolia 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, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Historical Data

Market Competitiveness

Color
Sierra Leone
Top DestinationChina$622M
Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Sierra Leone than Mongolia included Belgium ($136M), United Arab Emirates ($64.6M), and Netherlands ($43.2M).

In 2022, countries that imported more from Mongolia than Sierra Leone included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Sierra Leone Mongolia+$7.26kElectric Heaters
Top Product Potential Mongolia Sierra Leone+$767Cars

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

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

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