Sierra Leone (SLE) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Sierra Leone-Venezuela Trade: In 2013, Sierra Leone exported $1.21M to Venezuela. The main products that Sierra Leone exported to Venezuela were N/A. Over the past 6 years the exports of Sierra Leone to Venezuela have increased at an annualized rate of 106%, from $15.8k in 2007 to $1.21M in 2013.

In 2013, Sierra Leone did not export any services to Venezuela.

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

In 2013, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2013, Sierra Leone exported $1.21M to Venezuela. There were not main exports from Sierra Leone to Venezuela in 2013. During the last 6 years the exports of Sierra Leone to Venezuela have increased at an annualized rate of 106%, from $15.8k in 2007 to $1.21M in 2013.

Venezuela does not register exports to Sierra Leone.

Exports from Sierra Leone () to Venezuela () (2013)

Exports from Venezuela () to Sierra Leone () (2013)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$622M

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Sierra Leone than Venezuela included Belgium ($136M), United Arab Emirates ($64.6M), and Ireland ($21.1M).

In 2022, countries that imported more from Venezuela than Sierra Leone included Turkey ($597M), Spain ($518M), and United States ($438M).

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

Comparative Advantage Sierra Leone - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2013, Sierra Leone had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Sierra Leone and Venezuela. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Venezuela. Similarly, a dot/product with the flag of Venezuela indicates it has a comparative advantage over Sierra Leone.

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Historical Data

Bilateral Trade by Products

Exports from Sierra Leone () to Venezuela () (2013)

Exports from Venezuela () to Sierra Leone () (2013)

Market Competitiveness

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

Comparative Advantage Sierra Leone - Venezuela

Economic Complexity

Competitive Landscape

Product Space of Sierra Leone () and Venezuela () (2013)

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