2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 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 
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC
$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH
-17.3%CURRENT US$
Rnk 168 / 186

About

Albania-Sierra Leone Trade: In 2018, Albania exported $37.1k to Sierra Leone. The main products that Albania exported to Sierra Leone were N/A. Over the past 6 years the exports of Albania to Sierra Leone have increased at an annualized rate of 1.46%, from $34k in 2012 to $37.1k in 2018.

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

Sierra Leone-Albania Trade: In 2018, Sierra Leone exported $15k to Albania. The main products that Sierra Leone exported to Albania were N/A. Over the past 6 years the exports of Sierra Leone to Albania have increased at an annualized rate of 27.6%,  from $4.43k in 2012 to $15k in 2018.

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

Comparison In 2022,  Albania ranked 77 in the Economic Complexity Index (ECI -0.24),  and 131 in total exports ($4.3B). 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 2018, Albania exported $37.1k to Sierra Leone. There were not main exports from Albania to Sierra Leone in 2018. During the last 6 years the exports of Albania to Sierra Leone have increased at an annualized rate of 1.46%, from $34k in 2012 to $37.1k in 2018.

In 2008, Sierra Leone exported $15k to Albania. There were not main exports from Sierra Leone to Albania in 2008. During the last 5 years the exports of Sierra Leone to Albania have increased at an annualized rate of 27.6%, from $4.43k in 2013 to $15k in 2008.

Exports from Albania (Flag) to Sierra Leone (Flag) (2018)

Exports from Sierra Leone (Flag) to Albania (Flag) (2018)

Latest Data

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

Albania Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Sierra Leone
Top Destination
China$622M

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

In 2022, countries that imported more from Albania than Sierra Leone included Italy ($1.75B), Greece ($421M), and Spain ($309M).

In 2022, countries that imported more from Sierra Leone than Albania included China ($622M), Belgium ($136M), and United Arab Emirates ($64.6M).

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

Comparative Advantage Albania - Sierra Leone

Flow
Scale

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

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

During 2008, Sierra Leone had a large net trade with Albania in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Sierra Leone+$1.16kRefined Petroleum
Top Product Potential Sierra Leone Albania+$1.09kScrap Iron

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 Albania and Sierra Leone. This means that a dot/product with the flag of Albania 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 Albania.

Product Space of Albania (Flag) and Sierra Leone (Flag) (2018)

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