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Pricing

2022
Flag → Flag
Exports $85.2MRnk 118 / 222
2022
Flag → Flag
Top Product $36.3MRefined Petroleum
2022
Flag → Flag
Exports $136MRnk 2 / 118
2022
Flag → Flag
Top Product $96.1MTitanium Ore
2022
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Economic Complexity (ECI) ECI 1.28Rnk 17 / 124
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
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GDP GROWTH4.78%CURRENT US$
Rnk 156 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$461CURRENT US$
Rnk 184 / 186
2012-2022
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GDP PC GROWTH-17.3%CURRENT US$
Rnk 168 / 186

About

Belgium-Sierra Leone In 2022, Belgium exported $85.2M to Sierra Leone. The main products that Belgium exported to Sierra Leone are Refined Petroleum ($36.3M), Vaccines, blood, antisera, toxins and cultures ($26.4M), and Sauces and Seasonings ($4.92M). During the last 23 years the exports of Belgium to Sierra Leone have increased at an annualized rate of 14.2%, from $4M in 1999 to $85.2M in 2022.

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

Sierra Leone-Belgium In 2022, Sierra Leone exported $136M to Belgium. The main products that Sierra Leone exported to Belgium were Titanium Ore ($96.1M), Diamonds ($37.3M), and Cocoa Beans ($2.77M). During the last 23 years the exports of Sierra Leone to Belgium have increased at an annualized rate of 6.93%, from $29.2M in 1999 to $136M in 2022.

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

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28),  and 13 in total exports ($475B). That same year, Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2023

About

Overview In December 2023, Belgium exported €6.76M and imported €7.62M from Sierra Leone, resulting in a negative trade balance of €860k. Between December 2022 and December 2023 the exports of Belgium have increased by €913k (15.6%) from €5.85M to €6.76M, while imports increased by €3.9M (105%) from €3.71M to €7.62M.

Trade In December 2023, the top exports of Belgium to Sierra Leone were Pharmaceutical products (€3.37M), Machinery, mechanical appliances, & parts (€233k), Cars, tractors, trucks & parts thereof. (€224k), Mineral fuels, mineral oils and products... (€189k), and Preparations of vegetables, fruit, nuts or... (€99.3k). In December 2023 the top imports of Belgium from Sierra Leone were Ores, slag and ash (€27.6M), Precious stones, metals, & pearls (€87.4k), Cocoa & cocoa preparations (€4.28k), Coffee, tea, mate & spices (€901), and Copper articles (€179).

Growth In December 2023, the increase in Belgium's year-by-year exports to Sierra Leone was explained primarily by an increase in product exports in Pharmaceutical products (€3.2M or 1.91k%), Chemical products n.e.s. (€90.6k or 1.59k%), and Preparations of vegetables, fruit, nuts or... (€83.7k or 537%). In December 2023, the increase in Belgium's year-by-year imports  from Sierra Leone was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€913k(15.6%)
IMPORT GROWTH (December 2022 - December 2023)€3.9M(105%)

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $85.2M to Sierra Leone. The main products exported from Belgium to Sierra Leone were Refined Petroleum ($36.3M), Vaccines, blood, antisera, toxins and cultures ($26.4M), and Sauces and Seasonings ($4.92M). During the last 23 years the exports of Belgium to Sierra Leone have increased at an annualized rate of 14.2%, from $4M in 1999 to $85.2M in 2022.

In 2022, Sierra Leone exported $136M to Belgium. The main products exported from Sierra Leone to Belgium were Titanium Ore ($96.1M), Diamonds ($37.3M), and Cocoa Beans ($2.77M). During the last 23 years the exports of Sierra Leone to Belgium have increased at an annualized rate of 6.93%, from $29.2M in 1999 to $136M in 2022.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Sierra Leone
Top DestinationChina$622M

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

In 2021, countries that imported more from Belgium than Sierra Leone were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2019, no countries were registered that imported more from Sierra Leone than from Belgium.

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

Comparative Advantage Belgium - Sierra Leone

Flow
Scale

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

During 2022, Belgium had a large net trade with Sierra Leone in the exports of Mineral Products ($36.4M), Chemical Products ($29.3M), and Foodstuffs ($6.63M).

During 2022, Sierra Leone had a large net trade with Belgium in the exports of Mineral Products ($96.1M), Precious Metals ($37.3M), and Foodstuffs ($2.77M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Sierra Leone. Similarly, the more yellow a dot/product is, the more Sierra Leone has comparative advantage over Belgium.

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

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