Ghana (GHA) and Sierra Leone (SLE) Trade | The Observatory of Economic Complexity

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Ghana-Sierra Leone Trade: In 2023, Ghana exported $23.1M to Sierra Leone. The main products that Ghana exported to Sierra Leone were Sauces and Seasonings ($10.8M), Malt Extract ($3.24M), and Soups and Broths ($1.43M). Over the past 6 years the exports of Ghana to Sierra Leone have increased at an annualized rate of 27.5%, from $5.36M in 2017 to $23.1M in 2023.

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

Sierra Leone-Ghana Trade: In 2023, Sierra Leone exported $3.36M to Ghana. The main products that Sierra Leone exported to Ghana were Palm Oil ($1.81M), Soap ($740k), and Non-fillet Frozen Fish ($292k). Over the past 6 years the exports of Sierra Leone to Ghana have decreased at an annualized rate of 32.5%, from $23.9M in 2017 to $3.36M in 2023.

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

Comparison In 2023, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B). 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, Ghana exported $23.1M to Sierra Leone. The main products exported from Ghana to Sierra Leone were Sauces and Seasonings ($10.8M), Malt Extract ($3.24M), and Soups and Broths ($1.43M). During the last 6 years the exports of Ghana to Sierra Leone have increased at an annualized rate of 27.5%, from $5.36M in 2017 to $23.1M in 2023.

In 2018, Sierra Leone exported $3.36M to Ghana. The main products exported from Sierra Leone to Ghana were Palm Oil ($1.81M), Soap ($740k), and Non-fillet Frozen Fish ($292k). During the last 5 years the exports of Sierra Leone to Ghana have decreased at an annualized rate of 32.5%, from $23.9M in 2023 to $3.36M in 2018.

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

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

Latest Data

Trade between Ghana () and Sierra Leone ()

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationSwitzerland$6.49B

Sierra Leone
Top DestinationChina$1.03B

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

In 2023, countries that imported more from Ghana than Sierra Leone included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

In 2023, countries that imported more from Sierra Leone than Ghana included Ireland ($48M), Czechia ($6.58M), and Luxembourg ($827k).

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

Comparative Advantage Ghana - Sierra Leone

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ghana had a large net trade with Sierra Leone in the exports of Foodstuffs ($15.8M), Paper Goods ($1.6M), and Machines ($1.27M).

During 2018, Sierra Leone had a large net trade with Ghana in the exports of Animal and Vegetable Bi-Products ($1.89M), Chemical Products ($740k), and Animal Products ($295k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Sierra Leone+$1.88kRefined Petroleum

Top Product Potential Sierra Leone Ghana+$2.03kPalm 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 Ghana and Sierra Leone. This means that a dot/product with the flag of Ghana 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 Ghana.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Ghana () and Sierra Leone ()

Ghana Exports

Market Competitiveness

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

Comparative Advantage Ghana - Sierra Leone

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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