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Pricing

2022
Flag → Flag
Exports $15.5MRnk 157 / 218
2022
Flag → Flag
Top Product $2.26MSoups and Broths
2022
Flag → Flag
Exports $1.54MRnk 29 / 118
2022
Flag → Flag
Top Product $431kCranes
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH-17.3%CURRENT US$
Rnk 168 / 186

About

Spain-Sierra Leone Trade: In 2022, Spain exported $15.5M to Sierra Leone. The main products that Spain exported to Sierra Leone were Soups and Broths ($2.26M), Unglazed Ceramics ($1.93M), and Eggs ($1.59M). Over the past 5 years the exports of Spain to Sierra Leone have decreased at an annualized rate of 6.8%, from $22.1M in 2017 to $15.5M in 2022.

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

Sierra Leone-Spain Trade: In 2022, Sierra Leone exported $1.54M to Spain. The main products that Sierra Leone exported to Spain were Cranes ($431k), Scrap Copper ($367k), and Fruit Juice ($158k). Over the past 5 years the exports of Sierra Leone to Spain have decreased at an annualized rate of 22.4%,  from $5.48M in 2017 to $1.54M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Spain exported €4.11M and imported €33.7k from Sierra Leone, resulting in a positive trade balance of €4.08M. Between August 2023 and August 2024 the exports of Spain have increased by €3.34M (432%) from €773k to €4.11M, while imports decreased by €-423k (-92.6%) from €457k to €33.7k.

Trade In August 2024, the top exports of Spain to Sierra Leone were Unglazed Ceramics (€184k), Particle Board (€66.6k), Valves (€61.9k), Scented Mixtures (€57.6k), and Soap (€29.7k). In August 2024 the top imports of Spain from Sierra Leone were Large Flat-Rolled Stainless Steel (€61.4k), Non-Knit Women's Suits (€9.4k), Plastic Building Materials (€2.78k), Sports Equipment (€1.68k), and Rubber Apparel (€1.06k).

Origins In August 2024 the exports of Spain were mainly from Valencia (€358k), Castellón (€136k), Barcelona (€108k), Guipúzcoa (€71.8k), and Guadalajara (€33.5k), while imports destinations were mainly Madrid (€18.9k), Pontevedra (€10.5k), Córdoba (€1.52k), Barcelona (€915), and La Rioja (€822).

Growth In August 2024, the increase in Spain's year-by-year exports to Sierra Leone was explained primarily by an increase in product exports in Unglazed Ceramics (€63.1k or 52.1%), Valves (€61.1k or 7.88k%), and Soap (€18.8k or 172%). In August 2024, the decrease in Spain's year-by-year imports  from Sierra Leone was explained primarily by an decrease in product imports  in Commodities not elsewhere specified (€-22.4 or -10.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€3.34M(432%)
IMPORT GROWTH (August 2023 - August 2024)€-423k(-92.6%)
MAIN EXPORTER (August 2024)Valencia€358k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Sierra Leone and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Sierra Leone and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $15.5M to Sierra Leone. The main products exported from Spain to Sierra Leone were Soups and Broths ($2.26M), Unglazed Ceramics ($1.93M), and Eggs ($1.59M). During the last 5 years the exports of Spain to Sierra Leone have decreased at an annualized rate of 6.8%, from $22.1M in 2017 to $15.5M in 2022.

In 2017, Sierra Leone exported $1.54M to Spain. The main products exported from Sierra Leone to Spain were Cranes ($431k), Scrap Copper ($367k), and Fruit Juice ($158k). During the last 5 years the exports of Sierra Leone to Spain have decreased at an annualized rate of 22.4%, from $5.48M in 2022 to $1.54M in 2017.

Exports from Spain (Flag) to Sierra Leone (Flag) (2022)

Exports from Sierra Leone (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Sierra Leone
Top DestinationChina$622M

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

In 2022, countries that imported more from Spain than Sierra Leone included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, no countries were registered that imported more from Sierra Leone than from Spain.

Difference in imports from Sierra Leone (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Sierra Leone

Flow
Scale

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

During 2022, Spain had a large net trade with Sierra Leone in the exports of Foodstuffs ($3.27M), Stone And Glass ($2.23M), and Chemical Products ($2.23M).

During 2017, Sierra Leone had a large net trade with Spain in the exports of Machines ($571k), Metals ($457k), and Foodstuffs ($205k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Sierra Leone+$882kPackaged Medicaments
Top Product Potential Sierra Leone Spain+$397kScrap Copper

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

Product Space of Spain (Flag) and Sierra Leone (Flag) (2022)

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