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Pricing

2023
Flag → Flag
Exports $5.55MRnk 83 / 159
2023
Flag → Flag
Top Product $4.08MNitrogenous Fertilizers
2023
Flag → Flag
Exports $1.11MRnk 28 / 124
2023
Flag → Flag
Top Product $884kStearic Acid
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag  
GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 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 $1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 195
2023
Flag
GDP PC$758CURRENT US$
Rnk 185 / 196
2013-2023
Flag
GDP PC GROWTH-33.9%CURRENT US$
Rnk 189 / 195

About

Nigeria-Sierra Leone Trade: In 2023, Nigeria exported $5.55M to Sierra Leone. The main products that Nigeria exported to Sierra Leone were Nitrogenous Fertilizers ($4.08M), Soups and Broths ($330k), and Electric Generating Sets ($242k). Over the past 5 years the exports of Nigeria to Sierra Leone have increased at an annualized rate of 0.53%, from $5.4M in 2018 to $5.55M in 2023.

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

Sierra Leone-Nigeria Trade: In 2023, Sierra Leone exported $1.11M to Nigeria. The main products that Sierra Leone exported to Nigeria were Stearic Acid ($884k), Alcohol > 80% ABV ($150k), and Cars ($38.4k). Over the past 5 years the exports of Sierra Leone to Nigeria have decreased at an annualized rate of 2.12%,  from $1.24M in 2018 to $1.11M in 2023.

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

Comparison In 2023,  Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75),  and 52 in total exports ($61B). That same year, Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nigeria exported $5.55M to Sierra Leone. The main products exported from Nigeria to Sierra Leone were Nitrogenous Fertilizers ($4.08M), Soups and Broths ($330k), and Electric Generating Sets ($242k). During the last 5 years the exports of Nigeria to Sierra Leone have increased at an annualized rate of 0.53%, from $5.4M in 2018 to $5.55M in 2023.

In 2018, Sierra Leone exported $1.11M to Nigeria. The main products exported from Sierra Leone to Nigeria were Stearic Acid ($884k), Alcohol > 80% ABV ($150k), and Cars ($38.4k). During the last 5 years the exports of Sierra Leone to Nigeria have decreased at an annualized rate of 2.12%, from $1.24M in 2023 to $1.11M in 2018.

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

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

Latest Data

Trade between Nigeria (Flag) and Sierra Leone (Flag)

Nigeria Exports

Market Competitiveness

Color
Nigeria
Top DestinationUnited States$6.29B
Sierra Leone
Top DestinationChina$1.03B

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

In 2023, countries that imported more from Nigeria than Sierra Leone included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

In 2023, countries that imported more from Sierra Leone than Nigeria included Ireland ($48M), Kazakhstan ($14.5M), and Luxembourg ($827k).

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

Comparative Advantage Nigeria - Sierra Leone

Flow
Scale

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

During 2023, Nigeria had a large net trade with Sierra Leone in the exports of Chemical Products ($4.42M), Foodstuffs ($442k), and Machines ($242k).

During 2018, Sierra Leone had a large net trade with Nigeria in the exports of Animal and Vegetable Bi-Products ($884k), Foodstuffs ($150k), and Transportation ($38.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Sierra Leone+$21kPasta
Top Product Potential Sierra Leone Nigeria+$19.5kMotor-working Tools

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 Nigeria and Sierra Leone. This means that a dot/product with the flag of Nigeria 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 Nigeria.

Product Space of Nigeria (Flag) and Sierra Leone (Flag) (2023)

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