2023
Exports
$897MWorld Rnk 17 / 127
Flag Rnk 1 / 576
falsefalse China
2023
PRODUCT COMPLEXITY IN Iron Ore
-1.87Rnk 987 / 1025
2023
Imports
$3.82kWorld Rnk 0 / 0
Flag Rnk 0 / 0

About

Exports In 2023, Sierra Leone exported $897M in Iron Ore, making it the 17th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 1st most exported product in Sierra Leone. The main destination of Iron Ore exports from Sierra Leone are: China ($897M), Netherlands ($3.25k), South Africa ($311), and Czechia ($114).

The fastest growing export markets for Iron Ore of Sierra Leone between 2022 and 2023 were China ($301M), Netherlands ($531), and Czechia ($114).

Imports In 2018, Sierra Leone imported $3.82k in Iron Ore, becoming the 0th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 0th most imported product in Sierra Leone. Sierra Leone imports Iron Ore primarily from: N/A.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$897M
IMPORTS (2018)$3.82k
NET TRADE (2023)$897M

In 2023, Sierra Leone exported $897M in Iron Ore. The main destinations of Sierra Leone exports on Iron Ore were China ($897M), Netherlands ($3.25k), South Africa ($311), and Czechia ($114).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Sierra Leone WERE (2022 - 2023):
China$301M (50.6%)
Netherlands$531 (19.5%)
Czechia$114 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Sierra Leone WERE (2022 - 2023):South Africa-$647 (-67.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sierra Leone's main exporting competitors in Iron Ore were:
In 2023, Sierra Leone's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $156M
TOP IMPORT POTENTIALBrazil+ $607

Iron Ore’s highest export potential is China. With an export gap of $156M.   Iron Ore’s highest import potential is Brazil with an import gap of $607.

See methodology.

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