Sierra Leone (SLE) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

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Sierra Leone-Papua New Guinea Trade: In 2021, Sierra Leone exported $15.8k to Papua New Guinea. The main products that Sierra Leone exported to Papua New Guinea were N/A. Over the past 17 years the exports of Sierra Leone to Papua New Guinea have decreased at an annualized rate of 0.96%, from $18.6k in 2004 to $15.8k in 2021.

In 2021, Sierra Leone did not export any services to Papua New Guinea.

Papua New Guinea-Sierra Leone In N/A, Papua New Guinea did not export any products to Sierra Leone.

In 2021, Papua New Guinea 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, Papua New Guinea ranked 127 in the Economic Complexity Index (ECI -1.63), and 93 in total exports ($12.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Sierra Leone exported $15.8k to Papua New Guinea. There were not main exports from Sierra Leone to Papua New Guinea in 2021. During the last 17 years the exports of Sierra Leone to Papua New Guinea have decreased at an annualized rate of 0.96%, from $18.6k in 2004 to $15.8k in 2021.

Papua New Guinea does not register exports to Sierra Leone.

Exports from Sierra Leone () to Papua New Guinea () (2021)

Exports from Papua New Guinea () to Sierra Leone () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$1.03B

Papua New Guinea
Top DestinationChina$3.55B

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

In 2023, countries that imported more from Sierra Leone than Papua New Guinea included Ireland ($48M), Belgium ($72.5M), and Kazakhstan ($14.5M).

In 2023, countries that imported more from Papua New Guinea than Sierra Leone included Japan ($3.19B), China ($3.55B), and Australia ($2.07B).

Difference in imports from Papua New Guinea () and Sierra Leone () (2023)

Comparative Advantage Sierra Leone - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Sierra Leone had a large net trade with Papua New Guinea 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 Papua New Guinea+$1.3kPalm Oil

Top Product Potential Papua New Guinea Sierra Leone+$1.83kRefined 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 Papua New Guinea. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Papua New Guinea. Similarly, a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Sierra Leone.

About

Historical Data

Bilateral Trade by Products

Exports from Sierra Leone () to Papua New Guinea () (2021)

Exports from Papua New Guinea () to Sierra Leone () (2021)

Market Competitiveness

Difference in imports from Papua New Guinea () and Sierra Leone () (2023)

Comparative Advantage Sierra Leone - Papua New Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sierra Leone () and Papua New Guinea () (2021)

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