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Pricing

2022
Flag → Flag
Exports $86.1kRnk 102 / 141
2022
Flag → Flag
Top Product $86.1kRolled Tobacco
2022
Flag → Flag
Exports $5.99kRnk 91 / 118
2022
Flag → Flag
Top Product $2.84kMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag  
GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
GDP PC $7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH-17.3%CURRENT US$
Rnk 168 / 186

About

Azerbaijan-Sierra Leone Trade: In 2022, Azerbaijan exported $86.1k to Sierra Leone. The main products that Azerbaijan exported to Sierra Leone were Rolled Tobacco ($86.1k). Over the past 8 years the exports of Azerbaijan to Sierra Leone have increased at an annualized rate of 36.8%, from $7k in 2014 to $86.1k in 2022.

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

Sierra Leone-Azerbaijan Trade: In 2022, Sierra Leone exported $5.99k to Azerbaijan. The main products that Sierra Leone exported to Azerbaijan were Motor vehicles; parts and accessories (8701 to 8705) ($2.84k), Light Fixtures ($1.23k), and Low-voltage Protection Equipment ($1.12k). Over the past 8 years the exports of Sierra Leone to Azerbaijan have decreased at an annualized rate of 6.98%,  from $8.6k in 2014 to $5.99k in 2022.

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

Comparison In 2022,  Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44),  and 65 in total exports ($38.9B). 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, Azerbaijan exported $86.1k to Sierra Leone. The main products exported from Azerbaijan to Sierra Leone were Rolled Tobacco ($86.1k). During the last 8 years the exports of Azerbaijan to Sierra Leone have increased at an annualized rate of 36.8%, from $7k in 2014 to $86.1k in 2022.

In 2017, Sierra Leone exported $5.99k to Azerbaijan. The main products exported from Sierra Leone to Azerbaijan were Motor vehicles; parts and accessories (8701 to 8705) ($2.84k), Light Fixtures ($1.23k), and Low-voltage Protection Equipment ($1.12k). During the last 5 years the exports of Sierra Leone to Azerbaijan have decreased at an annualized rate of 6.98%, from $8.6k in 2022 to $5.99k in 2017.

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

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

Latest Data

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

Azerbaijan Exports

Date

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$18.3B
Sierra Leone
Top DestinationChina$622M

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

In 2022, countries that imported more from Azerbaijan than Sierra Leone included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from Sierra Leone than Azerbaijan included China ($622M), Belgium ($136M), and Senegal ($14.5M).

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

Comparative Advantage Azerbaijan - Sierra Leone

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Sierra Leone in the exports of Foodstuffs ($86.1k).

During 2017, Sierra Leone had a large net trade with Azerbaijan in the exports of Transportation ($2.84k), Machines ($1.92k), and Miscellaneous ($1.23k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Sierra Leone+$6.62kRolled Tobacco
Top Product Potential Sierra Leone Azerbaijan+$9.01kMotor vehicles; parts and accessories (8701 to 8705)

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

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

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