Benin (BEN) and Sierra Leone (SLE) Trade | The Observatory of Economic Complexity

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Benin-Sierra Leone Trade: In 2023, Benin exported $22.4k to Sierra Leone. The main products that Benin exported to Sierra Leone were Air Pumps ($17k), Low-voltage Protection Equipment ($3.19k), and Light Mixed Woven Cotton ($2.23k). Over the past 6 years the exports of Benin to Sierra Leone have decreased at an annualized rate of 40.9%, from $526k in 2017 to $22.4k in 2023.

In 2023, Benin did not export any services to Sierra Leone.

Sierra Leone-Benin Trade: In 2023, Sierra Leone exported $30.9k to Benin. The main products that Sierra Leone exported to Benin were Computers ($21.7k), Iron Toiletry ($4.67k), and Non-Knit Women's Shirts ($2.5k). Over the past 6 years the exports of Sierra Leone to Benin have decreased at an annualized rate of 66.4%, from $7.19M in 2017 to $30.9k in 2023.

In 2023, Sierra Leone did not export any services to Benin.

Comparison In 2023, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B). That same year, Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Benin exported $22.4k to Sierra Leone. The main products exported from Benin to Sierra Leone were Air Pumps ($17k), Low-voltage Protection Equipment ($3.19k), and Light Mixed Woven Cotton ($2.23k). During the last 6 years the exports of Benin to Sierra Leone have decreased at an annualized rate of 40.9%, from $526k in 2017 to $22.4k in 2023.

In 2018, Sierra Leone exported $30.9k to Benin. The main products exported from Sierra Leone to Benin were Computers ($21.7k), Iron Toiletry ($4.67k), and Non-Knit Women's Shirts ($2.5k). During the last 5 years the exports of Sierra Leone to Benin have decreased at an annualized rate of 66.4%, from $7.19M in 2023 to $30.9k in 2018.

Exports from Benin () to Sierra Leone () (2023)

Exports from Sierra Leone () to Benin () (2023)

Latest Data

Trade between Benin () and Sierra Leone ()

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationUnited Arab Emirates$803M

Sierra Leone
Top DestinationChina$1.03B

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

In 2023, countries that imported more from Benin than Sierra Leone included United Arab Emirates ($803M), Bangladesh ($391M), and India ($216M).

In 2023, countries that imported more from Sierra Leone than Benin included China ($1.03B), Belgium ($72.5M), and Ireland ($48M).

Difference in imports from Sierra Leone () and Benin () (2023)

Comparative Advantage Benin - Sierra Leone

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Benin had a large net trade with Sierra Leone in the exports of Machines ($20.2k) and Textiles ($2.23k).

During 2018, Sierra Leone had a large net trade with Benin in the exports of Machines ($22.6k), Metals ($4.67k), and Textiles ($2.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Sierra Leone+$10.7kCars

Top Product Potential Sierra Leone Benin+$217kPalm Oil

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Sierra Leone () (2023)

Exports from Sierra Leone () to Benin () (2023)

Latest Data

Trade between Benin () and Sierra Leone ()

Benin Exports

Market Competitiveness

Difference in imports from Sierra Leone () and Benin () (2023)

Comparative Advantage Benin - Sierra Leone

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Benin () and Sierra Leone () (2023)

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