Sierra Leone (SLE) and Peru (PER) Trade | The Observatory of Economic Complexity

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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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Peru () (2023)

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

Latest Data

Trade between Sierra Leone () and Peru ()

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$1.03B

Peru
Top DestinationChina$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 () and Sierra Leone () (2023)

Comparative Advantage Sierra Leone - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Sierra Leone () and Peru ()

Peru Exports

Market Competitiveness

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

Comparative Advantage Sierra Leone - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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