Sierra Leone (SLE) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Sierra Leone-Belgium Trade: In 2022, Sierra Leone exported $136M to Belgium. The main products that Sierra Leone exported to Belgium were Titanium Ore ($96.1M), Diamonds ($37.3M), and Cocoa Beans ($2.77M). Over the past 5 years the exports of Sierra Leone to Belgium have increased at an annualized rate of 1.13%, from $129M in 2017 to $136M in 2022.

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

Belgium-Sierra Leone Trade: In 2022, Belgium exported $85.2M to Sierra Leone. The main products that Belgium exported to Sierra Leone were Refined Petroleum ($36.3M), Vaccines, blood, antisera, toxins and cultures ($26.4M), and Sauces and Seasonings ($4.92M). Over the past 5 years the exports of Belgium to Sierra Leone have increased at an annualized rate of 6.59%, from $61.9M in 2017 to $85.2M in 2022.

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

Comparison In 2022, Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Sierra Leone exported $136M to Belgium. The main products exported from Sierra Leone to Belgium were Titanium Ore ($96.1M), Diamonds ($37.3M), and Cocoa Beans ($2.77M). During the last 5 years the exports of Sierra Leone to Belgium have increased at an annualized rate of 1.13%, from $129M in 2017 to $136M in 2022.

In 2017, Belgium exported $85.2M to Sierra Leone. The main products exported from Belgium to Sierra Leone were Refined Petroleum ($36.3M), Vaccines, blood, antisera, toxins and cultures ($26.4M), and Sauces and Seasonings ($4.92M). During the last 5 years the exports of Belgium to Sierra Leone have increased at an annualized rate of 6.59%, from $61.9M in 2022 to $85.2M in 2017.

Exports from Sierra Leone () to Belgium () (2022)

Exports from Belgium () to Sierra Leone () (2022)

Latest Data

Trade between Sierra Leone () and Belgium ()

Sierra Leone Exports

Date

Feb 2016

Jan 2016

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Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$622M

Belgium
Top DestinationGermany$91.9B

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

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

In 2022, countries that imported more from Belgium than Sierra Leone included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

Difference in imports from Belgium () and Sierra Leone () (2022)

Comparative Advantage Sierra Leone - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sierra Leone had a large net trade with Belgium in the exports of Mineral Products ($96.1M), Precious Metals ($37.3M), and Foodstuffs ($2.77M).

During 2017, Belgium had a large net trade with Sierra Leone in the exports of Mineral Products ($36.4M), Chemical Products ($29.3M), and Foodstuffs ($6.63M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Sierra Leone Belgium+$13.3MDiamonds

Top Product Potential Belgium Sierra Leone+$1.55MCars

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 Sierra Leone and Belgium. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Sierra Leone.

About

Historical Data

Bilateral Trade by Products

Exports from Sierra Leone () to Belgium () (2022)

Exports from Belgium () to Sierra Leone () (2022)

Latest Data

Trade between Sierra Leone () and Belgium ()

Sierra Leone Exports

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Sierra Leone () (2022)

Comparative Advantage Sierra Leone - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sierra Leone () and Belgium () (2022)

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