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Pricing

2023
Flag → Flag
Exports $22.9MRnk 168 / 220
2023
Flag → Flag
Top Product $3.05MCars
2023
Flag → Flag
Exports $23.8MRnk 8 / 124
2023
Flag → Flag
Top Product $18.6MTitanium Ore
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH-16.7%CURRENT US$
Rnk 188 / 195
2023
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GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
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GDP PC$758CURRENT US$
Rnk 185 / 196
2013-2023
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GDP PC GROWTH-33.9%CURRENT US$
Rnk 189 / 195

About

Germany-Sierra Leone Trade: In 2023, Germany exported $22.9M to Sierra Leone. The main products that Germany exported to Sierra Leone were Cars ($3.05M), Stone Processing Machines ($2.47M), and Engine Parts ($2.46M). Over the past 5 years the exports of Germany to Sierra Leone have decreased at an annualized rate of 2.74%, from $26.3M in 2018 to $22.9M in 2023.

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

Sierra Leone-Germany Trade: In 2023, Sierra Leone exported $23.8M to Germany. The main products that Sierra Leone exported to Germany were Titanium Ore ($18.6M), Other Furniture ($1M), and Other Iron Products ($414k). Over the past 5 years the exports of Sierra Leone to Germany have decreased at an annualized rate of 11%,  from $42.7M in 2018 to $23.8M in 2023.

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

Comparison In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79),  and 3 in total exports ($1.57T). That same year, Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €1.53M and imported €1.69M from Sierra Leone, resulting in a negative trade balance of €154k. Between November 2023 and November 2024 the exports of Germany have increased by €58k (3.93%) from €1.48M to €1.53M, while imports increased by €1.22M (263%) from €465k to €1.69M.

Trade In November 2024, the top exports of Germany to Sierra Leone were Lifting and handling equipment (€295k), Motor cars and motor caravans (€154k), Plastics (€109k), Lorries and special purpose motor vehicles (€87k), and Other food of vegetable origin (€76k). In November 2024 the top imports of Germany from Sierra Leone were Equipments for sport (€7k), Articles of rubber (€6k), Articles of paper (€4k), Articles of plastic (€4k), and Other vehicles (€4k).

Origins In November 2024 the exports of Germany were mainly from Rhineland-Pfalz (€509k), Lower Saxony (€259k), North Rhine-Westphalia (€189k), Baden-Württemberg (€176k), and Hamburg (€60k), while imports destinations were mainly North Rhine-Westphalia (€1.37M), Baden-Württemberg (€111k), Bavaria (€44k), and Brandenburg (€36k).

Growth In November 2024, the increase in Germany's year-by-year exports to Sierra Leone was explained primarily by an increase in product exports in Lifting and handling equipment (€293k or 14.7k%), Motor cars and motor caravans (€52k or 51%), and Machine-tools (€46k or 4.6k%). In November 2024, the increase in Germany's year-by-year imports  from Sierra Leone was explained primarily by an increase in product imports  in Articles of plastic (€3k or 300%) and Other chemical final products (€1k or 100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€58k(3.93%)
IMPORT GROWTH (November 2023 - November 2024)€1.22M(263%)
MAIN EXPORTER (November 2024)Rhineland-Pfalz€509k

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

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

For full datasets download visit Bulk Download page.

Explore Sierra Leone and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $22.9M to Sierra Leone. The main products exported from Germany to Sierra Leone were Cars ($3.05M), Stone Processing Machines ($2.47M), and Engine Parts ($2.46M). During the last 5 years the exports of Germany to Sierra Leone have decreased at an annualized rate of 2.74%, from $26.3M in 2018 to $22.9M in 2023.

In 2018, Sierra Leone exported $23.8M to Germany. The main products exported from Sierra Leone to Germany were Titanium Ore ($18.6M), Other Furniture ($1M), and Other Iron Products ($414k). During the last 5 years the exports of Sierra Leone to Germany have decreased at an annualized rate of 11%, from $42.7M in 2023 to $23.8M in 2018.

Exports from Germany (Flag) to Sierra Leone (Flag) (2023)

Exports from Sierra Leone (Flag) to Germany (Flag) (2023)

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Sierra Leone
Top DestinationChina$1.03B

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

In 2023, countries that imported more from Germany than Sierra Leone included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, no countries were registered that imported more from Sierra Leone than from Germany.

Difference in imports from Sierra Leone (Flag) and Germany (Flag) (2023)

Comparative Advantage Germany - Sierra Leone

Flow
Scale

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

During 2023, Germany had a large net trade with Sierra Leone in the exports of Machines ($9.54M), Transportation ($5.27M), and Chemical Products ($2.78M).

During 2018, Sierra Leone had a large net trade with Germany in the exports of Mineral Products ($18.7M), Miscellaneous ($1.11M), and Machines ($978k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Sierra Leone+$3.53MCars
Top Product Potential Sierra Leone Germany+$352kKaolin Coated Paper

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

This visualization shows the product space at the HS4 level with the flags of Germany and Sierra Leone. This means that a dot/product with the flag of Germany 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 Germany.

Product Space of Germany (Flag) and Sierra Leone (Flag) (2023)

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