2023
Flag  
GDP
$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH
-16.7%CURRENT US$
Rnk 188 / 195
2023
Flag
 GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC 
$758CURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC
$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Sierra Leone-Singapore Trade: In 2023, Sierra Leone exported $410k to Singapore. The main products that Sierra Leone exported to Singapore were Diamonds ($123k), Medical Instruments ($62.6k), and Ball Bearings ($29.8k). Over the past 5 years the exports of Sierra Leone to Singapore have decreased at an annualized rate of 11.6%, from $761k in 2018 to $410k in 2023.

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

Singapore-Sierra Leone Trade: In 2023, Singapore exported $1.46M to Sierra Leone. The main products that Singapore exported to Sierra Leone were Hard Liquor ($588k), Refined Petroleum ($487k), and Wine ($97.1k). Over the past 5 years the exports of Singapore to Sierra Leone have decreased at an annualized rate of 19.7%,  from $4.38M in 2018 to $1.46M in 2023.

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

Comparison In 2023,  Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index. That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sierra Leone exported $410k to Singapore. The main products exported from Sierra Leone to Singapore were Diamonds ($123k), Medical Instruments ($62.6k), and Ball Bearings ($29.8k). During the last 5 years the exports of Sierra Leone to Singapore have decreased at an annualized rate of 11.6%, from $761k in 2018 to $410k in 2023.

In 2018, Singapore exported $1.46M to Sierra Leone. The main products exported from Singapore to Sierra Leone were Hard Liquor ($588k), Refined Petroleum ($487k), and Wine ($97.1k). During the last 5 years the exports of Singapore to Sierra Leone have decreased at an annualized rate of 19.7%, from $4.38M in 2023 to $1.46M in 2018.

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

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

Latest Data

Trade between Sierra Leone (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
Sierra Leone
Top Destination
China$1.03B
Singapore
Top Destination
Hong Kong$44.5B

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

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

In 2023, countries that imported more from Singapore than Sierra Leone included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Sierra Leone - Singapore

Flow
Scale

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

During 2023, Sierra Leone had a large net trade with Singapore in the exports of Machines ($166k), Precious Metals ($123k), and Instruments ($85.2k).

During 2018, Singapore had a large net trade with Sierra Leone in the exports of Foodstuffs ($717k), Mineral Products ($487k), and Machines ($236k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sierra Leone Singapore+$44.8kLow-voltage Protection Equipment
Top Product Potential Singapore Sierra Leone+$1.35MRefined Petroleum

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

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

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