In 2020, Sierra Leone exported a total of $532M, making it the number 166 exporter in the world. During the last five reported years the exports of Sierra Leone have changed by -$88.1M from $620M in 2015 to $532M in 2020.
In 2020 Sierra Leone imported $1.16B, making it the number 170 trade destination in the world. During the last five reported years the imports of Sierra Leone changed by -$604M from $1.76B in 2015 to $1.16B in 2020.
In 2018, Sierra Leone exported $116M worth of services. The top services exported by Sierra Leone in 2018 were Personal travel ($20.5M), Other business services ($19.6M), Business travel ($18.2M), Transportation ($18M), and Computer and information services ($15.9M).
The top services imported by Sierra Leone in 2018 were Transportation ($150M), Other business services ($111M), Personal travel ($47.5M), Computer and information services ($35.4M), and Insurance services ($35.1M).
The top export opportunities for Sierra Leone according to the relatedness index, are Coconut Oil (0.069), Tin Ores (0.063), Rubber (0.062), Manganese Ore (0.061), and Gold (0.061). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Sierra Leone is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
This network shows the products most related to the production structure of Sierra Leone. These are products that tend to be co-exported with the products that Sierra Leone exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities.
Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.