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2023
Flag → Flag
Exports $274MRnk 114 / 220
2023
Flag → Flag
Top Product $114MRice
2023
Flag → Flag
Exports $96.5MRnk 2 / 124
2023
Flag → Flag
Top Product $56.8MDiamonds
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH-16.7%CURRENT US$
Rnk 188 / 195
2023
Flag
GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$758CURRENT US$
Rnk 185 / 196
2013-2023
Flag
GDP PC GROWTH-33.9%CURRENT US$
Rnk 189 / 195

About

India-Sierra Leone Trade: In 2023, India exported $274M to Sierra Leone. The main products that India exported to Sierra Leone were Rice ($114M), Packaged Medicaments ($41.6M), and Unglazed Ceramics ($9.48M). Over the past 5 years the exports of India to Sierra Leone have increased at an annualized rate of 20.2%, from $109M in 2018 to $274M in 2023.

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

Sierra Leone-India Trade: In 2023, Sierra Leone exported $96.5M to India. The main products that Sierra Leone exported to India were Diamonds ($56.8M), Scrap Iron ($25.4M), and Scrap Aluminium ($5.67M). Over the past 5 years the exports of Sierra Leone to India have increased at an annualized rate of 41.5%,  from $17M in 2018 to $96.5M in 2023.

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

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). That same year, Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, India exported $50.8M and imported $1.91M from Sierra Leone, resulting in a positive trade balance of $48.9M. Between December 2023 and December 2024 the exports of India have increased by $25.6M (102%) from $25.2M to $50.8M, while imports decreased by $-1.27M (-39.9%) from $3.18M to $1.91M.

Trade In December 2024, the top exports of India to Sierra Leone were Rice(Other Than Basmoti) ($11.5M), Drug Formulations, Biologicals ($4.93M), Electric Machinery And Equipme ($796k), Other Construction Machinery ($689k), and Two And Three Wheelers ($554k). In December 2024 the top imports of India from Sierra Leone were Iron And Steel ($2.77M), Aluminium, Products Of Aluminm ($294k), Other Commodities ($261k), Copper And Prdcts Made Of Copr ($103k), and Indl. Machnry For Dairy Etc ($4.74k).

Growth In December 2024, the increase in India's year-by-year exports to Sierra Leone was explained primarily by an increase in product exports in Rice(Other Than Basmoti) ($4.63M or 67.9%), Drug Formulations, Biologicals ($2.96M or 150%), and Electric Machinery And Equipme ($617k or 346%). In December 2024, the decrease in India's year-by-year imports  from Sierra Leone was explained primarily by an decrease in product imports  in Copper And Prdcts Made Of Copr ($-222k or -68.3%) and Aluminium, Products Of Aluminm ($-95.1k or -24.4%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)$25.6M(102%)
IMPORT GROWTH (December 2023 - December 2024)$-1.27M(-39.9%)

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 2023, India exported $274M to Sierra Leone. The main products exported from India to Sierra Leone were Rice ($114M), Packaged Medicaments ($41.6M), and Unglazed Ceramics ($9.48M). During the last 5 years the exports of India to Sierra Leone have increased at an annualized rate of 20.2%, from $109M in 2018 to $274M in 2023.

In 2018, Sierra Leone exported $96.5M to India. The main products exported from Sierra Leone to India were Diamonds ($56.8M), Scrap Iron ($25.4M), and Scrap Aluminium ($5.67M). During the last 5 years the exports of Sierra Leone to India have increased at an annualized rate of 41.5%, from $17M in 2023 to $96.5M in 2018.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Sierra Leone
Top DestinationChina$1.03B

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 2023, countries that imported more from India than Sierra Leone included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

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

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 2023, India had a large net trade with Sierra Leone in the exports of Vegetable Products ($116M), Chemical Products ($48.1M), and Machines ($31M).

During 2018, Sierra Leone had a large net trade with India in the exports of Precious Metals ($56.8M), Metals ($35.6M), and Chemical Products ($2.48M).

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) (2023)

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