Sierra Leone (SLE) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Sierra Leone-Thailand Trade: In 2022, Sierra Leone exported $1.57M to Thailand. The main products that Sierra Leone exported to Thailand were Molluscs ($687k), Diamonds ($239k), and Precious Stones ($141k). Over the past 5 years the exports of Sierra Leone to Thailand have increased at an annualized rate of 0.32%, from $1.55M in 2017 to $1.57M in 2022.

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

Thailand-Sierra Leone Trade: In 2022, Thailand exported $7.72M to Sierra Leone. The main products that Thailand exported to Sierra Leone were Rice ($1.45M), Plastic Lids ($1.39M), and Wood Fiberboard ($1.38M). Over the past 5 years the exports of Thailand to Sierra Leone have decreased at an annualized rate of 16.6%, from $19.1M in 2017 to $7.72M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Sierra Leone exported $1.57M to Thailand. The main products exported from Sierra Leone to Thailand were Molluscs ($687k), Diamonds ($239k), and Precious Stones ($141k). During the last 5 years the exports of Sierra Leone to Thailand have increased at an annualized rate of 0.32%, from $1.55M in 2017 to $1.57M in 2022.

In 2017, Thailand exported $7.72M to Sierra Leone. The main products exported from Thailand to Sierra Leone were Rice ($1.45M), Plastic Lids ($1.39M), and Wood Fiberboard ($1.38M). During the last 5 years the exports of Thailand to Sierra Leone have decreased at an annualized rate of 16.6%, from $19.1M in 2022 to $7.72M in 2017.

Exports from Sierra Leone () to Thailand () (2022)

Exports from Thailand () to Sierra Leone () (2022)

Latest Data

Trade between Sierra Leone () and Thailand ()

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationN/AN/A

Thailand
Top DestinationN/AN/A

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

N/A

Difference in imports from Thailand () and Sierra Leone () (2022)

Comparative Advantage Sierra Leone - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sierra Leone had a large net trade with Thailand in the exports of Animal Products ($820k), Precious Metals ($380k), and Machines ($204k).

During 2017, Thailand had a large net trade with Sierra Leone in the exports of Plastics and Rubbers ($1.85M), Machines ($1.84M), and Vegetable Products ($1.45M).

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 Thailand+$734kDiamonds

Top Product Potential Thailand Sierra Leone+$1.37MRice

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

About

Historical Data

Bilateral Trade by Products

Exports from Sierra Leone () to Thailand () (2022)

Exports from Thailand () to Sierra Leone () (2022)

Latest Data

Trade between Sierra Leone () and Thailand ()

Thailand Exports

Market Competitiveness

Difference in imports from Thailand () and Sierra Leone () (2022)

Comparative Advantage Sierra Leone - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sierra Leone () and Thailand () (2022)

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