NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $16.5MRnk 154 / 220
2023
Flag → Flag
Top Product $3.81MRefined Petroleum
2023
Flag → Flag
Exports $2.72MRnk 20 / 124
2023
Flag → Flag
Top Product $819kCocoa Beans
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH-16.7%CURRENT US$
Rnk 188 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$758CURRENT US$
Rnk 185 / 196
2013-2023
Flag
GDP PC GROWTH-33.9%CURRENT US$
Rnk 189 / 195

About

Spain-Sierra Leone Trade: In 2023, Spain exported $16.5M to Sierra Leone. The main products that Spain exported to Sierra Leone were Refined Petroleum ($3.81M), Unglazed Ceramics ($2.2M), and Scented Mixtures ($1.64M). Over the past 5 years the exports of Spain to Sierra Leone have decreased at an annualized rate of 8.56%, from $25.9M in 2018 to $16.5M in 2023.

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

Sierra Leone-Spain Trade: In 2023, Sierra Leone exported $2.72M to Spain. The main products that Sierra Leone exported to Spain were Cocoa Beans ($819k), Large Flat-Rolled Stainless Steel ($576k), and Aluminium Plating ($511k). Over the past 5 years the exports of Sierra Leone to Spain have increased at an annualized rate of 11.3%,  from $1.59M in 2018 to $2.72M in 2023.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €8.37M and imported €324k from Sierra Leone, resulting in a positive trade balance of €8.04M. Between November 2023 and November 2024 the exports of Spain have increased by €7.54M (905%) from €833k to €8.37M, while imports decreased by €-11.3k (-3.36%) from €335k to €324k.

Trade In November 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 November 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 November 2024 the exports of Spain were mainly from Valencia (€125k), Lleida (€77.9k), Madrid (€71.6k), Murcia (€60.9k), and Castellón (€52.8k), while imports destinations were mainly Barcelona (€247k), Madrid (€52.7k), Zaragoza (€9.16k), and Valencia (€3.73k).

Growth In November 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 November 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 (November 2023 - November 2024)€7.54M(905%)
IMPORT GROWTH (November 2023 - November 2024)€-11.3k(-3.36%)
MAIN EXPORTER (November 2024)Valencia€125k

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

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $16.5M to Sierra Leone. The main products exported from Spain to Sierra Leone were Refined Petroleum ($3.81M), Unglazed Ceramics ($2.2M), and Scented Mixtures ($1.64M). During the last 5 years the exports of Spain to Sierra Leone have decreased at an annualized rate of 8.56%, from $25.9M in 2018 to $16.5M in 2023.

In 2018, Sierra Leone exported $2.72M to Spain. The main products exported from Sierra Leone to Spain were Cocoa Beans ($819k), Large Flat-Rolled Stainless Steel ($576k), and Aluminium Plating ($511k). During the last 5 years the exports of Sierra Leone to Spain have increased at an annualized rate of 11.3%, from $1.59M in 2023 to $2.72M in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Sierra Leone
Top DestinationChina$1.03B

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 2023, countries that imported more from Spain than Sierra Leone included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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

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 2023, Spain had a large net trade with Sierra Leone in the exports of Mineral Products ($3.99M), Chemical Products ($2.65M), and Stone And Glass ($2.34M).

During 2018, Sierra Leone had a large net trade with Spain in the exports of Metals ($1.22M), Foodstuffs ($1.2M), and Plastics and Rubbers ($70.5k).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms