2022
Exports
$477MWorld Rnk 18 / 128
Flag Rnk 1 / 560
falsefalse China
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.79Rnk 980 / 1025
2022
Imports
$3.36kWorld Rnk 0 / 0
Flag Rnk 0 / 0

About

Exports In 2022, Sierra Leone exported $477M in Iron Ore, making it the 18th 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 ($477M), Netherlands ($2.21k), and South Africa ($958).

The fastest growing export markets for Iron Ore of Sierra Leone between 2021 and 2022 were China ($324M) and South Africa ($958).

Imports In 2018, Sierra Leone imported $3.36k 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

Aug 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 (2022)$477M
IMPORTS (2018)$3.36k
NET TRADE (2022)$477M

In 2022, Sierra Leone exported $477M in Iron Ore. The main destinations of Sierra Leone exports on Iron Ore were China ($477M), Netherlands ($2.21k), and South Africa ($958).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Sierra Leone WERE (2021 - 2022):
China$324M (211%)
South Africa$958 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Sierra Leone WERE (2021 - 2022):Netherlands-$11.5k (-83.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sierra Leone's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, 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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