2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 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 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC
$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH
-17.3%CURRENT US$
Rnk 168 / 186

About

In N/A, Armenia did not export any services to Sierra Leone.

Sierra Leone-Armenia Trade: In N/A, Sierra Leone exported $110k to Armenia. The main products that Sierra Leone exported to Armenia were Diamonds ($93.2k), Centrifuges ($4.87k), and Toilet Paper ($4.7k). Over the past N/A years the exports of Sierra Leone to Armenia have decreased at an annualized rate of 18.3%,  from $303k in N/A to $110k in N/A.

In N/A, Sierra Leone did not export any services to Armenia.

Comparison In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081),  and 122 in total exports ($5.78B). 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

Armenia does not register exports to Sierra Leone.

In 2017, Sierra Leone exported $110k to Armenia. The main products exported from Sierra Leone to Armenia were Diamonds ($93.2k), Centrifuges ($4.87k), and Toilet Paper ($4.7k). During the last 5 years the exports of Sierra Leone to Armenia have decreased at an annualized rate of 18.3%, from $303k in 2022 to $110k in 2017.

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

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

Latest Data

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

Armenia Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Sierra Leone
Top Destination
China$622M

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

In 2022, countries that imported more from Armenia than Sierra Leone included Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

In 2022, countries that imported more from Sierra Leone than Armenia included China ($622M), Belgium ($136M), and Ireland ($21.1M).

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

Comparative Advantage Armenia - Sierra Leone

Flow
Scale

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

During 2017, Sierra Leone had a large net trade with Armenia in the exports of Precious Metals ($93.2k), Machines ($9.4k), and Paper Goods ($5.64k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Sierra Leone+$1.51kCars
Top Product Potential Sierra Leone Armenia+$190kDiamonds

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

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

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