2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
Flag
 GDP
$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 186
2022
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GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186
2022
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GDP PC
$461CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.3%CURRENT US$
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About

Philippines-Sierra Leone Trade: In 2022, Philippines exported $573k to Sierra Leone. The main products that Philippines exported to Sierra Leone were Iron Sewing Needles ($200k), Telephones ($63.6k), and Lifting Machinery ($57.2k). Over the past 5 years the exports of Philippines to Sierra Leone have increased at an annualized rate of 61.5%, from $52.2k in 2017 to $573k in 2022.

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

Sierra Leone-Philippines Trade: In 2022, Sierra Leone exported $612k to Philippines. The main products that Sierra Leone exported to Philippines were Fruit Juice ($376k), Computers ($203k), and Cutting Blades ($9.34k). Over the past 5 years the exports of Sierra Leone to Philippines have increased at an annualized rate of 10.8%,  from $366k in 2017 to $612k in 2022.

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

Comparison In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71),  and 40 in total exports ($110B). That same year, Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $573k to Sierra Leone. The main products exported from Philippines to Sierra Leone were Iron Sewing Needles ($200k), Telephones ($63.6k), and Lifting Machinery ($57.2k). During the last 5 years the exports of Philippines to Sierra Leone have increased at an annualized rate of 61.5%, from $52.2k in 2017 to $573k in 2022.

In 2017, Sierra Leone exported $612k to Philippines. The main products exported from Sierra Leone to Philippines were Fruit Juice ($376k), Computers ($203k), and Cutting Blades ($9.34k). During the last 5 years the exports of Sierra Leone to Philippines have increased at an annualized rate of 10.8%, from $366k in 2022 to $612k in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Sierra Leone
Top Destination
China$622M

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

In 2022, countries that imported more from Philippines than Sierra Leone included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Sierra Leone than Philippines included Senegal ($14.5M), Mozambique ($1.66M), and Benin ($261k).

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

Comparative Advantage Philippines - Sierra Leone

Flow
Scale

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

During 2022, Philippines had a large net trade with Sierra Leone in the exports of Metals ($202k), Machines ($170k), and Textiles ($69.9k).

During 2017, Sierra Leone had a large net trade with Philippines in the exports of Foodstuffs ($376k), Machines ($217k), and Metals ($10.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Sierra Leone+$2.34kSemiconductor Devices
Top Product Potential Sierra Leone Philippines+$3.94kIron Ore

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

This visualization shows the product space at the HS4 level with the flags of Philippines and Sierra Leone. This means that a dot/product with the flag of Philippines 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 Philippines.

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

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