Sierra Leone (SLE) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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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 5 years the exports of Sierra Leone to Nepal have increased at an annualized rate of 4.17%, from $5.78k in 2017 to $7.08k in 2022.

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

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 5 years the exports of Nepal to Sierra Leone have increased at an annualized rate of 66.5%, from $2.83k in 2017 to $36.2k in 2022.

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

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $7.08k in 2022.

In 2017, 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 5 years the exports of Nepal to Sierra Leone have increased at an annualized rate of 66.5%, from $2.83k in 2022 to $36.2k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$622M

Nepal
Top DestinationIndia$956M

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

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

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

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

Comparative Advantage Sierra Leone - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sierra Leone had a large net trade with Nepal in the exports of Machines ($4.81k) and Footwear and Headwear ($2.27k).

During 2017, Nepal had a large net trade with Sierra Leone in the exports of Chemical Products ($36.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Sierra Leone Nepal+$2.5kBlank Audio Media

Top Product Potential Nepal Sierra Leone+$19.9kVaccines, blood, antisera, toxins and cultures

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

Year

This visualization shows the product space at the HS4 level with the flags of Sierra Leone and Nepal. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over Sierra Leone.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Sierra Leone - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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