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2022
Flag → Flag
Exports $201MRnk 121 / 217
2022
Flag → Flag
Top Product $79.3MRice
2022
Flag → Flag
Exports $36.5MRnk 6 / 118
2022
Flag → Flag
Top Product $16.8MScrap Iron
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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 GDP$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH4.78%CURRENT US$
Rnk 156 / 186
2022
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GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH-17.3%CURRENT US$
Rnk 168 / 186

About

India-Sierra Leone Trade: In 2022, India exported $201M to Sierra Leone. The main products that India exported to Sierra Leone were Rice ($79.3M), Packaged Medicaments ($29.6M), and Motorcycles and cycles ($13.7M). Over the past 5 years the exports of India to Sierra Leone have increased at an annualized rate of 13.7%, from $106M in 2017 to $201M in 2022.

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

Sierra Leone-India Trade: In 2022, Sierra Leone exported $36.5M to India. The main products that Sierra Leone exported to India were Scrap Iron ($16.8M), Aluminium Ore ($9.84M), and Scrap Aluminium ($3.16M). Over the past 5 years the exports of Sierra Leone to India have increased at an annualized rate of 9.46%,  from $23.2M in 2017 to $36.5M in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). That same year, Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, India exported $28.3M and imported $1.05M from Sierra Leone, resulting in a positive trade balance of $27.3M. Between July 2023 and July 2024 the exports of India have increased by $1.12M (4.13%) from $27.2M to $28.3M, while imports decreased by $-711k (-40.4%) from $1.76M to $1.05M.

Trade In July 2024, the top exports of India to Sierra Leone were Rice(Other Than Basmoti) ($6.82M), Drug Formulations, Biologicals ($1.97M), Products Of Iron And Steel ($902k), Other Construction Machinery ($669k), and Sugar ($666k). In July 2024 the top imports of India from Sierra Leone were Iron And Steel ($2.01M), Aluminium, Products Of Aluminm ($390k), Copper And Prdcts Made Of Copr ($325k), Vegetable Oils ($89.9k), and Other Commodities ($57k).

Growth In July 2024, the increase in India's year-by-year exports to Sierra Leone was explained primarily by an increase in product exports in Products Of Iron And Steel ($729k or 422%), Sugar ($666k or 479k%), and Other Construction Machinery ($605k or 944%). In July 2024, the decrease in India's year-by-year imports  from Sierra Leone was explained primarily by an decrease in product imports  in Other Commodities ($-134k or -70.2%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)$1.12M(4.13%)
IMPORT GROWTH (July 2023 - July 2024)$-711k(-40.4%)

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

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

For full datasets download visit Bulk Download page.

Explore Sierra Leone and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $201M to Sierra Leone. The main products exported from India to Sierra Leone were Rice ($79.3M), Packaged Medicaments ($29.6M), and Motorcycles and cycles ($13.7M). During the last 5 years the exports of India to Sierra Leone have increased at an annualized rate of 13.7%, from $106M in 2017 to $201M in 2022.

In 2017, Sierra Leone exported $36.5M to India. The main products exported from Sierra Leone to India were Scrap Iron ($16.8M), Aluminium Ore ($9.84M), and Scrap Aluminium ($3.16M). During the last 5 years the exports of Sierra Leone to India have increased at an annualized rate of 9.46%, from $23.2M in 2022 to $36.5M in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Sierra Leone
Top DestinationChina$622M

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

In 2022, countries that imported more from India than Sierra Leone included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, no countries were registered that imported more from Sierra Leone than from India.

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

Comparative Advantage India - Sierra Leone

Flow
Scale

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

During 2022, India had a large net trade with Sierra Leone in the exports of Vegetable Products ($80.1M), Chemical Products ($34M), and Transportation ($20.2M).

During 2017, Sierra Leone had a large net trade with India in the exports of Metals ($22.8M), Mineral Products ($9.84M), and Animal and Vegetable Bi-Products ($2.22M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Sierra Leone+$3.85MRefined Petroleum
Top Product Potential Sierra Leone India+$7.83MScrap Iron

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

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

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