Sierra Leone (SLE) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Sierra Leone-Benin Trade: In 2022, Sierra Leone exported $261k to Benin. The main products that Sierra Leone exported to Benin were Palm Oil ($219k), Trailers and semi-trailers, not mechanically propelled vehicles ($33k), and Cars ($5.93k). Over the past 5 years the exports of Sierra Leone to Benin have decreased at an annualized rate of 27.5%, from $1.3M in 2017 to $261k in 2022.

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

Benin-Sierra Leone Trade: In 2022, Benin exported $80.9k to Sierra Leone. The main products that Benin exported to Sierra Leone were Iron Fasteners ($72.1k), Cars ($6.44k), and Light Mixed Woven Cotton ($1.12k). Over the past 5 years the exports of Benin to Sierra Leone have decreased at an annualized rate of 31.2%, from $523k in 2017 to $80.9k in 2022.

In 2022, Benin 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, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Sierra Leone exported $261k to Benin. The main products exported from Sierra Leone to Benin were Palm Oil ($219k), Trailers and semi-trailers, not mechanically propelled vehicles ($33k), and Cars ($5.93k). During the last 5 years the exports of Sierra Leone to Benin have decreased at an annualized rate of 27.5%, from $1.3M in 2017 to $261k in 2022.

In 2017, Benin exported $80.9k to Sierra Leone. The main products exported from Benin to Sierra Leone were Iron Fasteners ($72.1k), Cars ($6.44k), and Light Mixed Woven Cotton ($1.12k). During the last 5 years the exports of Benin to Sierra Leone have decreased at an annualized rate of 31.2%, from $523k in 2022 to $80.9k in 2017.

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

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

Latest Data

Trade between Sierra Leone () and Benin ()

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$622M

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Sierra Leone than Benin included China ($622M), Belgium ($136M), and Germany ($47.6M).

In 2022, countries that imported more from Benin than Sierra Leone included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

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

Comparative Advantage Sierra Leone - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sierra Leone had a large net trade with Benin in the exports of Animal and Vegetable Bi-Products ($219k), Transportation ($38.9k), and Textiles ($3.12k).

During 2017, Benin had a large net trade with Sierra Leone in the exports of Metals ($72.1k), Transportation ($6.44k), and Textiles ($1.12k).

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 Benin+$217kPalm Oil

Top Product Potential Benin Sierra Leone+$10.7kCars

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Sierra Leone () and Benin ()

Benin Exports

Market Competitiveness

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

Comparative Advantage Sierra Leone - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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