2023
Flag  
GDP
$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH
-16.7%CURRENT US$
Rnk 188 / 195
2023
Flag
 GDP
$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH
33%CURRENT US$
Rnk 108 / 195
2023
Flag
GDP PC 
$758CURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC
$7,907CURRENT US$
Rnk 97 / 196
2013-2023
Flag
GDP PC GROWTH
17.2%CURRENT US$
Rnk 111 / 195

About

Sierra Leone-Peru Trade: In 2023, Sierra Leone exported $68.6k to Peru. The main products that Sierra Leone exported to Peru were Rubber Tires ($17.2k), Other Rubber Products ($8.29k), and Electric Motors ($7.74k). Over the past 5 years the exports of Sierra Leone to Peru have increased at an annualized rate of 39.6%, from $12.9k in 2018 to $68.6k in 2023.

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

Peru-Sierra Leone Trade: In 2023, Peru exported $36.5k to Sierra Leone. The main products that Peru exported to Sierra Leone were Malt Extract ($31.2k), Knit Women's Suits ($2.4k), and Knit T-shirts ($2.06k). Over the past 5 years the exports of Peru to Sierra Leone have decreased at an annualized rate of 44.1%,  from $670k in 2018 to $36.5k in 2023.

In 2023, Peru 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, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sierra Leone exported $68.6k to Peru. The main products exported from Sierra Leone to Peru were Rubber Tires ($17.2k), Other Rubber Products ($8.29k), and Electric Motors ($7.74k). During the last 5 years the exports of Sierra Leone to Peru have increased at an annualized rate of 39.6%, from $12.9k in 2018 to $68.6k in 2023.

In 2018, Peru exported $36.5k to Sierra Leone. The main products exported from Peru to Sierra Leone were Malt Extract ($31.2k), Knit Women's Suits ($2.4k), and Knit T-shirts ($2.06k). During the last 5 years the exports of Peru to Sierra Leone have decreased at an annualized rate of 44.1%, from $670k in 2023 to $36.5k in 2018.

Exports from Sierra Leone (Flag) to Peru (Flag) (2023)

Exports from Peru (Flag) to Sierra Leone (Flag) (2023)

Latest Data

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

Peru Exports

Market Competitiveness

Color
Sierra Leone
Top Destination
China$1.03B
Peru
Top Destination
China$22.5B

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

In 2023, countries that imported more from Sierra Leone than Peru included Ireland ($48M), Senegal ($4.8M), and Angola ($278k).

In 2023, countries that imported more from Peru than Sierra Leone included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

Difference in imports from Peru (Flag) and Sierra Leone (Flag) (2023)

Comparative Advantage Sierra Leone - Peru

Flow
Scale

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

During 2023, Sierra Leone had a large net trade with Peru in the exports of Machines ($32.6k), Plastics and Rubbers ($25.5k), and Transportation ($10.4k).

During 2018, Peru had a large net trade with Sierra Leone in the exports of Foodstuffs ($31.2k), Textiles ($4.45k), and Paper Goods ($904).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sierra Leone Peru+$16.4kMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Peru Sierra Leone+$2.73kRefined 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 Peru. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Peru. Similarly, a dot/product with the flag of Peru indicates it has a comparative advantage over Sierra Leone.

Product Space of Sierra Leone (Flag) and Peru (Flag) (2023)

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