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Pricing

2022
Flag → Flag
Exports $904kRnk 160 / 209
2022
Flag → Flag
Top Product $330kDelivery Trucks
2022
Flag → Flag
Exports $19.8MRnk 116 / 118
2022
Flag → Flag
Top Product $271Other Furniture
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 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 $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH-17.3%CURRENT US$
Rnk 168 / 186

About

Norway-Sierra Leone Trade: In 2022, Norway exported $904k to Sierra Leone. The main products that Norway exported to Sierra Leone were Delivery Trucks ($330k), Large Construction Vehicles ($302k), and Cars ($55.5k). Over the past 5 years the exports of Norway to Sierra Leone have decreased at an annualized rate of 8.23%, from $1.39M in 2017 to $904k in 2022.

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

Sierra Leone-Norway In N/A, Sierra Leone did not export any products to Norway.

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

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54),  and 28 in total exports ($285B). That same year, Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Norway exported NOK12k and imported NOK0 from Sierra Leone, resulting in a positive trade balance of NOK12k. Between July 2023 and July 2024 the exports of Norway have decreased by NOK-1.3M (-99.1%) from NOK1.31M to NOK12k, while imports remained the same by NOK0 (N/A%) from NOK0 to NOK0.

Trade In July 2024, the top exports of Norway to Sierra Leone were Inorganic chemicals (NOK474k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Fish (not marine mammals), crustaceans, molluscs... (NOK0). In July 2024 the top imports of Norway from Sierra Leone were Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), Fish (not marine mammals), crustaceans, molluscs... (NOK0), and Cereals and cereal preparations (NOK0).

Growth In July 2024, the decrease in Norway's year-by-year exports to Sierra Leone was explained primarily by an decrease in product exports in . In July 2024, the change in Norway's year-by-year imports  from Sierra Leone was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)NOK-1.3M(-99.1%)
IMPORT GROWTH (July 2023 - July 2024)NOK0(N/A%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Sierra Leone and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Sierra Leone and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $904k to Sierra Leone. The main products exported from Norway to Sierra Leone were Delivery Trucks ($330k), Large Construction Vehicles ($302k), and Cars ($55.5k). During the last 5 years the exports of Norway to Sierra Leone have decreased at an annualized rate of 8.23%, from $1.39M in 2017 to $904k in 2022.

Sierra Leone does not register exports to Norway. The main products exported from Sierra Leone to Norway were Other Furniture ($271).

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Sierra Leone
Top DestinationChina$622M

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

In 2022, countries that imported more from Norway than Sierra Leone included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Sierra Leone than Norway included Madagascar ($130k).

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

Comparative Advantage Norway - Sierra Leone

Flow
Scale

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

During 2022, Norway had a large net trade with Sierra Leone in the exports of Transportation ($391k), Machines ($375k), and Miscellaneous ($59.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Sierra Leone+$82.8kDelivery Trucks
Top Product Potential Sierra Leone Norway+$3.53kOther Furniture

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

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

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