2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 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 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$758CURRENT US$
Rnk 185 / 196
2013-2023
Flag
GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195

About

Netherlands-Sierra Leone Trade: In 2023, Netherlands exported $52.7M to Sierra Leone. The main products that Netherlands exported to Sierra Leone were Onions ($10.8M), Malt Extract ($4.72M), and Engine Parts ($3.91M). Over the past 5 years the exports of Netherlands to Sierra Leone have increased at an annualized rate of 1.93%, from $47.9M in 2018 to $52.7M in 2023.

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

Sierra Leone-Netherlands Trade: In 2023, Sierra Leone exported $53.6M to Netherlands. The main products that Sierra Leone exported to Netherlands were Cocoa Beans ($47.4M), Palm Oil ($3.64M), and Titanium Ore ($2.11M). Over the past 5 years the exports of Sierra Leone to Netherlands have increased at an annualized rate of 8.82%,  from $35.1M in 2018 to $53.6M in 2023.

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

Comparison In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08),  and 9 in total exports ($599B). 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
Value

In 2023, Netherlands exported $52.7M to Sierra Leone. The main products exported from Netherlands to Sierra Leone were Onions ($10.8M), Malt Extract ($4.72M), and Engine Parts ($3.91M). During the last 5 years the exports of Netherlands to Sierra Leone have increased at an annualized rate of 1.93%, from $47.9M in 2018 to $52.7M in 2023.

In 2018, Sierra Leone exported $53.6M to Netherlands. The main products exported from Sierra Leone to Netherlands were Cocoa Beans ($47.4M), Palm Oil ($3.64M), and Titanium Ore ($2.11M). During the last 5 years the exports of Sierra Leone to Netherlands have increased at an annualized rate of 8.82%, from $35.1M in 2023 to $53.6M in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Sierra Leone
Top Destination
China$1.03B

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

In 2023, countries that imported more from Netherlands than Sierra Leone included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

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

Comparative Advantage Netherlands - Sierra Leone

Flow
Scale

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

During 2023, Netherlands had a large net trade with Sierra Leone in the exports of Vegetable Products ($12.3M), Foodstuffs ($11.4M), and Machines ($8.63M).

During 2018, Sierra Leone had a large net trade with Netherlands in the exports of Foodstuffs ($47.5M), Animal and Vegetable Bi-Products ($3.8M), and Mineral Products ($2.12M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Sierra Leone+$1.82MVaccines, blood, antisera, toxins and cultures
Top Product Potential Sierra Leone Netherlands+$3.26MPalm 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

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

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

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