Flag Belgium-Luxembourg / Sierra Leone Flag

Exports FlagFlag  (2018): $39.4M, Rnk 128 / 213

Top Product FlagFlag (2018): $5.81M, Blood, antisera, vaccines, toxins and cultures

Exports FlagFlag (2018): $146M, Rnk 2 / 91

Top Product FlagFlag (2018): $69M, Diamonds

GDP Flag (2018): $4.09B, CURRENT US$
Rnk 159 / 196

GDP GROWTH Flag (2008-2018): 63%, CURRENT US$
Rnk 66 / 196

GDP PC Flag (2018): $534, CURRENT US$
Rnk 188 / 196

GDP PC GROWTH Flag (2008-2018): 30.7%, CURRENT US$
Rnk 78 / 196

Belgium-Luxembourg-Sierra Leone: In 2018, Belgium-Luxembourg exported $39.4M to Sierra Leone. The main products exported from Belgium-Luxembourg to Sierra Leone were Blood, antisera, vaccines, toxins and cultures ($5.81M), Cars ($5.07M), and Delivery Trucks ($3.02M). During the last 23 years the exports of Belgium-Luxembourg to Sierra Leone have increased at an annualized rate of 7.26%, from $7.87M in 1995 to $39.4M in 2018.

Sierra Leone-Belgium-Luxembourg: In 2018, Sierra Leone exported $146M to Belgium-Luxembourg. The main products exported from Sierra Leone to Belgium-Luxembourg were Diamonds ($69M), Titanium Ore ($64.5M), and Cocoa Beans ($7.62M). During the last 23 years the exports of Sierra Leone to Belgium-Luxembourg have increased at an annualized rate of 2.09%, from $90.5M in 1995 to $146M in 2018.

Comparison: In 2018, Belgium-Luxembourg ranked 10 in total exports ($442B). That same year, Sierra Leone ranked 158 in total exports ($677M). Both countries does not have data related to Economic Complexity Index. In terms of GDP Per Capita, Sierra Leone was ranked 188 with a GDP Per Capita of $534, while Belgium-Luxembourg has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

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Depth
Value

In 2018, Belgium-Luxembourg exported $39.4M to Sierra Leone. The main products exported from Belgium-Luxembourg to Sierra Leone were Blood, antisera, vaccines, toxins and cultures ($5.81M), Cars ($5.07M), and Delivery Trucks ($3.02M). During the last 23 years the exports of Belgium-Luxembourg to Sierra Leone have increased at an annualized rate of 7.26%, from $7.87M in 1995 to $39.4M in 2018.

In 2018, Sierra Leone exported $146M to Belgium-Luxembourg. The main products exported from Sierra Leone to Belgium-Luxembourg were Diamonds ($69M), Titanium Ore ($64.5M), and Cocoa Beans ($7.62M). During the last 23 years the exports of Sierra Leone to Belgium-Luxembourg have increased at an annualized rate of 2.09%, from $90.5M in 1995 to $146M in 2018.

Market Competitiveness

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Measure

Belgium-Luxembourg
Top Destination
: Germany, $77.4B

Sierra Leone
Top Destination
: China, $169M

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

In 2018, countries that imported more from Belgium-Luxembourg than Sierra Leone were Germany ($77.4B), France ($62.3B), and Netherlands ($57.5B).

In 2018, no countries were registered that imported more from Sierra Leone than from Belgium-Luxembourg.

Comparative Advantage Belgium-Luxembourg - Sierra Leone

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Depth

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

During 2018, Belgium-Luxembourg had a large net trade with Sierra Leone in the exports of Transportation ($10.4M), Machines ($9.47M), and Chemical Products ($8.28M).

During 2018, Sierra Leone had a large net trade with Belgium-Luxembourg in the exports of Precious Metals ($69.2M), Mineral Products ($64.5M), and Foodstuffs ($7.87M).

Trade Forecasts

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This section shows a forecast for total trade between Belgium-Luxembourg and Sierra Leone. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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