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

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Thailand-Sierra Leone Trade: In 2023, Thailand exported $9.21M to Sierra Leone. The main products that Thailand exported to Sierra Leone were Wood Fiberboard ($2.02M), Rice ($1.57M), and Raw Sugar ($1.07M). Over the past 5 years the exports of Thailand to Sierra Leone have decreased at an annualized rate of 9.38%, from $15.1M in 2018 to $9.21M in 2023.

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

Sierra Leone-Thailand Trade: In 2023, Sierra Leone exported $1.67M to Thailand. The main products that Sierra Leone exported to Thailand were Diamonds ($560k), Molluscs ($317k), and Scrap Aluminium ($233k). Over the past 5 years the exports of Sierra Leone to Thailand have increased at an annualized rate of 2.08%, from $1.06M in 2018 to $1.67M in 2023.

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

Comparison In 2023, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). That same year, Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Thailand exported $9.21M to Sierra Leone. The main products exported from Thailand to Sierra Leone were Wood Fiberboard ($2.02M), Rice ($1.57M), and Raw Sugar ($1.07M). During the last 5 years the exports of Thailand to Sierra Leone have decreased at an annualized rate of 9.38%, from $15.1M in 2018 to $9.21M in 2023.

In 2018, Sierra Leone exported $1.67M to Thailand. The main products exported from Sierra Leone to Thailand were Diamonds ($560k), Molluscs ($317k), and Scrap Aluminium ($233k). During the last 5 years the exports of Sierra Leone to Thailand have increased at an annualized rate of 2.08%, from $1.06M in 2023 to $1.67M in 2018.

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

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

Latest Data

Trade between Thailand () and Sierra Leone ()

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$58.5B

Sierra Leone
Top DestinationChina$1.03B

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

In 2023, countries that imported more from Thailand than Sierra Leone included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

In 2023, no countries were registered that imported more from Sierra Leone than from Thailand.

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

Comparative Advantage Thailand - Sierra Leone

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Thailand had a large net trade with Sierra Leone in the exports of Wood Products ($2.03M), Foodstuffs ($1.88M), and Plastics and Rubbers ($1.64M).

During 2018, Sierra Leone had a large net trade with Thailand in the exports of Precious Metals ($786k), Animal Products ($462k), and Metals ($235k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Thailand Sierra Leone+$1.37MRice

Top Product Potential Sierra Leone Thailand+$734kDiamonds

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Thailand () and Sierra Leone ()

Thailand Exports

Market Competitiveness

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

Comparative Advantage Thailand - Sierra Leone

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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