2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
GDP PC 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC
$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH
-17.3%CURRENT US$
Rnk 168 / 186

About

Iceland-Sierra Leone In 2018, Iceland exported $8k to Sierra Leone. The main products that Iceland exported to Sierra Leone are N/A. During the last 20 years the exports of Iceland to Sierra Leone have decreased at an annualized rate of 3.95%, from $17.9k in 1998 to $8k in 2018.

In 2018, Iceland did not export any services to Sierra Leone.

Sierra Leone-Iceland In 2018, Sierra Leone exported $8.38k to Iceland. The main products that Sierra Leone exported to Iceland were Ceramic Tableware ($4.36k), Ornamental Ceramics ($1.43k), and Light Fixtures ($775). During the last 20 years the exports of Sierra Leone to Iceland have decreased at an annualized rate of 5.13%, from $24k in 1998 to $8.38k in 2018.

In 2018, Sierra Leone did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Sierra Leone ranked 159 in total exports ($1.15B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Iceland exported $8k to Sierra Leone. There were not main exports from Iceland to Sierra Leone in 2018. During the last 20 years the exports of Iceland to Sierra Leone have decreased at an annualized rate of 3.95%, from $17.9k in 1998 to $8k in 2018.

In 2022, Sierra Leone exported $8.38k to Iceland. The main products exported from Sierra Leone to Iceland were Ceramic Tableware ($4.36k), Ornamental Ceramics ($1.43k), and Light Fixtures ($775). During the last 27 years the exports of Sierra Leone to Iceland have decreased at an annualized rate of 5.13%, from $24k in 1995 to $8.38k in 2022.

Exports from Iceland (Flag) to Sierra Leone (Flag) (2022)

Exports from Sierra Leone (Flag) to Iceland (Flag) (2022)

Latest Data

Trade between Iceland (Flag) and Sierra Leone (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Sierra Leone
Top Destination
China$622M

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

In 2021, countries that imported more from Iceland than Sierra Leone were Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2021, countries that imported more from Sierra Leone than Iceland were China ($622M), United Arab Emirates ($64.6M), and Belgium ($136M).

Difference in imports from Sierra Leone (Flag) and Iceland (Flag) (2022)

Comparative Advantage Iceland - Sierra Leone

Flow
Scale

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

During 2018, Iceland had a large net trade with Sierra Leone in the exports of .

During 2022, Sierra Leone had a large net trade with Iceland in the exports of Stone And Glass ($5.79k), Miscellaneous ($775), and Wood Products ($718).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Iceland has comparative advantage over Sierra Leone. Similarly, the more yellow a dot/product is, the more Sierra Leone has comparative advantage over Iceland.

Product Space of Iceland (Flag) and Sierra Leone (Flag) (2022)

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