Sierra Leone

Sierra Leone

Global Trade Profile • Rank #150 Exporter

$1.52B

Total Exports (2023)

$1.89B

Total Imports (2023)

$368.15M

Trade Deficit

#150

Export Ranking

Trade Flow Visualization

Interactive map showing Sierra Leone's top trading partners. Green lines represent exports, red lines represent imports.

#150

Export Rank

$1.52B

Total Exports

$1.89B

Total Imports

-$368.15M

Trade Balance

28

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Iron ores and concentrates: non-agglomerated
59.0%$897.11M
#2Titanium ores and concentrates
12.4%$188.91M
#3Diamonds: non-industrial, unworked or simply sawn,...
8.3%$126.75M
#4Aluminium ores and concentrates
4.3%$64.82M
#5Cocoa beans: whole or broken, raw or roasted
3.3%$50.08M
#6Zirconium ores and concentrates
2.7%$41.06M
#7Ferrous waste and scrap: n.e.c. in heading no. 720...
1.7%$25.27M
#8Diamonds: non-industrial, (other than unworked or ...
0.6%$8.98M
#9Metals: gold, non-monetary, unwrought (but not pow...
0.6%$8.54M
#10Vegetable oils: palm oil and its fractions, crude,...
0.4%$6.34M

📥 Top Import Sources

Top Import Products

#1Cereals: rice, semi-milled or wholly milled, wheth...
7.0%$132.52M
#2Cement: portland, other than white, whether or not...
2.8%$52.55M
#3Petroleum oils and oils from bituminous minerals, ...
2.2%$41.37M
#4Medicaments: consisting of mixed or unmixed produc...
2.1%$39.02M
#5Cigarettes: containing tobacco
1.9%$36.04M
#6Vaccines: for human medicine
1.6%$30.84M
#7Plastics: household articles and hygienic or toile...
1.5%$29.16M
#8Sauces and preparations therefor: mixed condiments...
1.5%$27.46M
#9Meat and edible offal: of fowls of the species Gal...
1.4%$25.92M
#10Sugars: sucrose, chemically pure, in solid form, n...
1.2%$22.51M

📈 Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

📈

Trend Direction

Sierra Leone Trade Analysis 2023

📊 Overview

#150
Global Export Rank
3.41B
Total Trade Volume
0.02%
Share of Global Trade

Sierra Leone stands as the world's #150 largest exporter and #166 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a deficit of 368.15 million, reflecting import dependencies for growth.

⚠️
Trade deficit of 19.5% of imports requires careful management of external financing.
1.52B
Total Exports
1.89B
Total Imports
0.80
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $283.90M, generating continuous economic activity across logistics, finance, and trade services.

🚢 Export Markets

China
India
Belgium
Netherlands
Ireland
Others

Export Market Concentration

67.5%
$1.03B
6.3%$96.46M
4.8%$72.50M
3.5%$53.58M
3.2%$48.03M
2.3%$34.79M
13 others
7.4%$112.95M

Export concentration shows China as the dominant market at 67.5%. The top three markets control 78.6% of exports.

⚠️

Market Concentration Risk

Heavy reliance on China (67.5% of exports) creates vulnerability to bilateral tensions or economic downturns in that market.
85.3%
Top 5 Markets
94.7%
Top 10 Markets
20
Total Partners

Regional patterns reveal European market focus. Secondary markets (United Arab Emirates, Japan, Germany) provide $142.94M in additional trade.

📦 Import Sources

Import Source Concentration

32.4%
$611.07M
14.5%$274.45M
5.0%$93.60M
4.5%$85.37M
4.2%$78.50M
3.6%$68.12M
13 others
19.9%$374.89M

Sierra Leone relies heavily on China for imports (32.4%),creating supply chain concentration risk.

Energy suppliers including United Arab Emirates (100.83M) collectively provide 100.83 million or 5.3% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from China, Malaysia, reflecting deep integration into Asian production networks. China's dominant position at 611.07 million encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 93.60 million (5.0%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 77.7% of total imports, with the remaining 22% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Belgium (68.12M), Netherlands (52.72M), Germany (22.90M) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Indiaemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

📦 Product Composition

🚀 Export Products

Top Export Products

non-agglomerated
59.0%
$897.11M
Titanium ores and concentrates
12.4%$188.91M
non-industrial, unworked or simply sawn, cleaved o...
8.3%$126.75M
Aluminium ores and concentrates
4.3%$64.82M
whole or broken, raw or roasted
3.3%$50.08M
3 others
5.0%$75.31M

Sierra Leone's export economy centers on diversified industrial production, with the leading export being non-agglomeratedat $897.11 million, accounting for 59.0% of total exports.

Electronics, semiconductors, and machinery contribute 4.90 million or 0.3% of exports.

The automotive sector's dominance is evident in the export portfolio, with . This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 1 categories specifically related to alternative propulsion systems, totaling $2.48M.

Beyond automotive, Sierra Leone maintains strong positions in specialized equipment, electronic components (4.90M), and Iron ores and concentrates, Titanium ores and concentrates, Diamonds.

The top 20 export products collectively account for 95.7% of total exports, revealing moderate concentration with room for further diversification.

🛒 Import Products

Top Import Products

rice, semi-milled or wholly milled, whether or not...
7.0%$132.52M
portland, other than white, whether or not artific...
2.8%$52.55M
preparations n.e.c. containing by weight 70% or mo...
2.2%$41.37M
consisting of mixed or unmixed products n.e.c. in ...
2.1%$39.02M
containing tobacco
1.9%$36.04M
3 others
4.6%$87.46M

Import requirements center on rice, semi-milled or wholly milled, whether or not polished or glazed at 132.52 million (7.0%), indicating resource dependency.

Beyond energy, critical imports include rice, semi-milled or wholly milled, whet... (132.52M, 7.0%), portland, other than white, whether or n... (52.55M, 2.8%), consisting of mixed or unmixed products ... (39.02M, 2.1%), containing tobacco (36.04M, 1.9%), for human medicine (30.84M, 1.6%).Pharmaceutical products represent 69.87 million (3.7%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of Sierra Leone's economy: food security dependencies, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (14 : 6among top 20 products) indicates significant value-addition activities domestically. Import substitution potential exists in agriculture and chemicals sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 11 primary products to 2 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

⚖️ Trade Balance Dynamics

-368.15 million
Trade Deficit 10.81% of total trade
PartnerExportsImportsBalance
China$1.03B$611.07M+$414.39M
India$96.46M$274.45M$-177.99M
United Arab Emirates$47.76M$100.83M$-53.07M
Belgium$72.50M$68.12M+$4.39M
USA$22.14M$93.60M$-71.45M

Export-to-import ratio of 0.805 means exports cover 80.5% of import costs.

🔗 Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
China$1.03B$611.07M+$414.39M
India$96.46M$274.45M$-177.99M
United Arab Emirates$47.76M$100.83M$-53.07M
Belgium$72.50M$68.12M+$4.39M
USA$22.14M$93.60M$-71.45M
Netherlands$53.58M$52.72M+$862,273
Türkiye$0$85.37M$-85.37M
South Africa$2.97M$78.50M$-75.53M
Total$1.32B$1.36B$-43.77M

The Sierra Leone-China relationship leads at 1.64 billion in bilateral trade.View detailed analysis →

Additional major partnerships include United Arab Emirates (148.59M total trade), Belgium (140.62M total trade), USA (115.74M total trade). Regional integration through transatlantic partnerships facilitates technology transfer, market access, and production efficiency. The diversity of trading relationships—2.79B across top 10 partners—provides resilience against bilateral tensions and regional disruptions.

🏆 Competitive Position

Global rankings position Sierra Leone as the #150 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.015%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of primary commodities, indicates potential for value chain upgrading. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Sierra Leone's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly innon-agglomerated, Titanium ores and concent, non-industrial, unworked . The revealed comparative advantage is strongest in product categories representing79.8% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests deep integration into global supply chains. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 368.15M, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in essential commodities.

Vulnerabilities include excessive reliance on single export markets. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with United Kingdom, France, Czechia, developing new product capabilities in higher technology sectors, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Sierra Leone's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Sierra Leone's position as the world's #150 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026