2022
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GDP
$40.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
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 GDP
$3.97BCURRENT US$
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2012-2022
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GDP GROWTH
4.78%CURRENT US$
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2022
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GDP PC 
$1,337CURRENT US$
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2012-2022
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GDP PC GROWTH
68.3%CURRENT US$
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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

Nepal-Sierra Leone Trade: In 2022, Nepal exported $36.2k to Sierra Leone. The main products that Nepal exported to Sierra Leone were Vaccines, blood, antisera, toxins and cultures ($36.2k). Over the past 7 years the exports of Nepal to Sierra Leone have increased at an annualized rate of 100%, from $278 in 2015 to $36.2k in 2022.

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

Sierra Leone-Nepal Trade: In 2022, Sierra Leone exported $7.08k to Nepal. The main products that Sierra Leone exported to Nepal were Blank Audio Media ($3.32k), Leather Footwear ($2.27k), and Ball Bearings ($885). Over the past 7 years the exports of Sierra Leone to Nepal have increased at an annualized rate of 4.17%,  from $5.78k in 2015 to $7.08k in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B). That same year, Sierra Leone ranked 159 in total exports ($1.15B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $36.2k to Sierra Leone. The main products exported from Nepal to Sierra Leone were Vaccines, blood, antisera, toxins and cultures ($36.2k). During the last 7 years the exports of Nepal to Sierra Leone have increased at an annualized rate of 100%, from $278 in 2015 to $36.2k in 2022.

In 2017, Sierra Leone exported $7.08k to Nepal. The main products exported from Sierra Leone to Nepal were Blank Audio Media ($3.32k), Leather Footwear ($2.27k), and Ball Bearings ($885). During the last 5 years the exports of Sierra Leone to Nepal have increased at an annualized rate of 4.17%, from $5.78k in 2022 to $7.08k in 2017.

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

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

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Sierra Leone
Top Destination
China$622M

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

In 2022, countries that imported more from Nepal than Sierra Leone included India ($956M), United States ($152M), and Turkey ($28.3M).

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

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

Comparative Advantage Nepal - Sierra Leone

Flow
Scale

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

During 2022, Nepal had a large net trade with Sierra Leone in the exports of Chemical Products ($36.2k).

During 2017, Sierra Leone had a large net trade with Nepal in the exports of Machines ($4.81k) and Footwear and Headwear ($2.27k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Sierra Leone+$19.9kVaccines, blood, antisera, toxins and cultures
Top Product Potential Sierra Leone Nepal+$2.5kBlank Audio Media

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

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

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